Five Below Inc. said its normalized net income for the fiscal second quarter ended Aug. 2 amounted to 15 cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.
EPS climbed 93.0% year over year from 8 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $8.3 million, an increase of 96.1% from $4.2 million in the year-earlier period.
The normalized profit margin rose to 5.5% from 3.6% in the year-earlier period.
Total revenue grew 30.2% year over year to $152.5 million from $117.1 million, and total operating expenses climbed 26.6% year over year to $139.1 million from $109.9 million.
Reported net income rose year over year to $8.2 million, or 15 cents per share, from $3.8 million, or 7 cents per share.
