Five Below, Inc. (FIVE) - Get Report is expected to report net income of $28 million, or 50 cents a share, on sales of $421.1 million after the market closes on Wednesday, based on a FactSet survey of 20 analysts.

In the same period a year ago, the discount chain posted earnings of 45 cents a share on sales of $347.7 million. It reported net income of $21.8 million.

The company offered guidance of $0.48 to $0.51 a share on June. 6. Shares have fallen 5.7% since then.

Quarterly estimates have fallen less than 1 cent a share in the past month.

In the upcoming quarter analysts are forecasting net income of $13.9 million, or 24 cents a share, on sales of $377 million.

Five Below is currently trading at a price-to-forward-earnings ratio of 33.2 based on the 12-month estimates of 15 analysts surveyed by FactSet.

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