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2023-06-30 10:59:44 ET The Supreme Court ruled by a 6-3 vote on Friday that the U.S. Education Department does not have the right to forgive student debt under the HEROES Act. The SCOTUS decision could have some ramifications in the consumer sector with high interest rates and other mac...
2023-06-22 08:33:33 ET Jefferies reiterated a Buy rating on Five Below ( NASDAQ: FIVE ) on Thursday after meeting with management at the firm's Nantucket Consumer Conference. Analyst Randal Konik said Five Below ( FIVE ) believes the U.S. consumer continues to feel pressure ...
2023-06-21 06:59:17 ET Summary Five Below has a strong business model and potential for continued store expansion, with a target of 3,500 stores by 2030 (<1500 currently). The company's financial performance is impressive, with revenue growth and margins outperforming industry ...
2023-06-14 11:58:00 ET Five Below ( NASDAQ: FIVE ) said on Wednesday it had appointed Kristy Chipman as its CFO and treasurer, effective July 17. Chipman succeeds Ken Bull, who now serves as chief operating officer. The company said Chipman will also serve a...
PHILADELPHIA, PA, June 14, 2023 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE), the trend-right, extreme-value brand for tweens, teens and beyond, today announced that Kristy Chipman will join the Company as Chief Financial Officer and Treasurer on July 17, 2023, reporting to Joel Anderson, P...
2023-06-08 06:05:00 ET As its name suggests, Five Below (NASDAQ: FIVE) is a discount retailer that sells merchandise typically below $5 an item. During the inflationary environment that's been worrying everyone in the past couple of years, the company's 1,367 stores appeal...
2023-06-06 11:26:42 ET The retail sector outperformed on Tuesday morning after the latest batch of earnings report came in better-than-feared and the weekly sales report from Johnson Redbook was stronger than anticipated. Johnson Redbook reported sales at stores open at least a year ros...
2023-06-06 11:16:24 ET Summary Five Below's growth is primarily driven by an increase in store count rather than same-store sales growth. The company's aggressive expansion strategy may be risky during an economic slowdown, potentially impacting profitability. The current valu...
2023-06-03 15:34:33 ET Shares of Five Below Inc ( NASDAQ: FIVE ) ended nearly 10% up on Friday even though the discount retailer said its sales came in slightly below expectations in the first quarter. Five Below stock up on strong guidance The retail stock was rewarded ...
2023-06-01 23:15:08 ET Five Below, Inc. (FIVE) Q1 2023 Earnings Conference Call June 1, 2023 16:30 ET Company Participants Christiane Pelz - Vice President of Investor Relations & Treasury Joel Anderson - President & Chief Executive Officer Kenneth Bull -...
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BOSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Five Below, Inc. (Nasdaq: FIVE) for potential securities law violations. Investors who have lost money in their Five Below investment should contact the firm to learn more about how they might recover those losses....
2024-07-19 15:37:00 ET Shares of Five Below (NASDAQ: FIVE) slipped a whopping 25% this week, according to data from S&P Global Market Intelligence . The discount knickknack retailer that caters to kids just had its chief executive officer (CEO) depart and now expects terribl...
NEW YORK CITY, NY / ACCESSWIRE / July 19, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Five Below, Inc. ("Five Below" or "the Company") (NASDAQ:FIVE). Investors who purchased Five Below securities are encouraged to obtain additional i...