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Five Below raises FY24 adjusted EPS view to $4.78-$4.96 from $4.35-$4.71

Consensus $4.61. Raises FY24 revenue view to $3.84B-$3.87B from $3.73B-$3.8B, consensus $3.8B. Raises FY24 comparable sales view to down 3% from down 4%-5.5%. Sees FY24 gross capital expenditures $340M.

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