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U.S. stock futures were higher this morning, with the Dow futures gaining by around 100 points on Thursday.
Shares of Five Below, Inc. (NASDAQ:FIVE) fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results.
Five Below reported quarterly earnings of $3.65 per share, up from $3.07 per share from the same period last year. Quarterly revenue clocked in at $1.34 billion, up from $1.12 billion year-over-year, according to data from Benzinga Pro.
Five Below sees first-quarter earnings of between 58 cents and 69 cents per share and revenue in the range of $826 million to $846 million, based on opening approximately 55 to 60 new stores and assuming an approximate flat to 2% increase in comparable sales.
Five Below shares dipped 12.9% to $182.00 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
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