** after earnings **
Five Below Inc. FIVE, -8.50% said Wednesday it earned $7.1 million, or 13 cents a share, in the fiscal second quarter, compared with 15 cents a share a year ago. Revenue rose 19.5% to $182.2 million in the quarter, while comparable-store sales rose 3%. The company opened 32 new stores in the quarter to end it with 417 stores, or 18% more than a year ago. Analysts polled by FactSet had expected the teen-oriented retailer to report earnings of 13 cents a share on sales of $185 million. Shares of Five Below dropped as much as 12% in after-hours trading after ending the regular session up 1.4%.
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