Five Below raises FY22 EPS view to $4.55$4.71 from $4.26-$4.56, consensus $4.41

Raises FY22 revenue view to $3.04B-$3.06B from $2.97B-$3.02B, consensus $3B. Sees FY22 gross capital expenditures $235M. Anderson continued, "We are continuing to play offense, and the progress we made across product, experience and supply chain will all drive our holiday execution. With the completion of our five-node distribution network, we are set up to deliver products to our growing store base even more efficiently. As we look ahead, we are focused more than ever on delivering an exciting holiday assortment of extreme value products that promise to Wow our customers while also providing a fun shopping experience."