Five Below, Inc. provided earnings guidance for the first quarter and full year of fiscal 2022. For the first quarter of fiscal 2022, the company's net sales are expected to be in the range of $644 million to $658 million. Net income is expected to be in the range of $30 million to $35 million. Diluted income per common share is expected to be in the range of $0.54 to $0.62 on approximately 56.1 million diluted weighted average shares outstanding.

For the full year of fiscal 2022, the company's Net sales are expected to be in the range of $3.16 billion to $3.26 billion. Net income is expected to be in the range of $292 million to $320 million. Diluted income per common share is expected to be in the range of $5.19 to $5.70 on approximately 56.2 million diluted weighted average shares outstanding.