Mon, Nov. 16, 7:02 AM
- Deutsche Bank downgrades Five Below (NASDAQ:FIVE) to a Hold rating after having the stock set at Buy.
- The investment firm is concerned over traffic patterns in the near term,
- DB lowers its price target on Five Below to $30 from $42. Shares closed at $29.08 on Friday and have slipped 0.7% to $28.88 in premarket action today.
Wed, Nov. 11, 1:52 PM
- Discounters are part of the broad sell-off in retail chain stocks.
- Five Below (FIVE -6.9%), Dollar Tree (DLTR -2.5%), and Dollar General (DG -3.8%) are all lower on the day. The three stocks all trail the return of the S&P 500 by a wide margin on the year.
- Concerns over the impact of high inventory levels on promotional activity have picked up this week.
- Previously: Retailers eye inventory levels with Black Friday 17 days away (Nov. 10)
Wed, Oct. 28, 3:33 PM
- Five Below (FIVE -5.7%) slides after Goldman Sach issued a Sell rating after having the stock set at Neutral.
- Goldman cut the price target on the discounter to $30 from $34 on its view new stores won't deliver the productivity implied by consensus EPS estimates for FY15 to FY17.
Thu, Sep. 3, 9:12 AM
Wed, Sep. 2, 5:40 PM
Tue, Jun. 23, 5:34 PM
Thu, Jun. 4, 10:26 AM
- A healthy round of reports from retail chains and more firming up of the labor market has the retail sector ahead of market averages
- Outperformers include Buckle (BKE +3.4%), Five Below (FIVE +7.3%), Abercrombie & Fitch (ANF +1.8%), L Brands (LB +1.8%), American Eagle Outfitters (AEO +2.2%), Citi Trends (CTRN +2.1%), Express (EXPR +1.4%), Urban Outfitters (URBN +1.6%), Wayfair (W +1.3%), and TravelCenters of America (TA +0.9%).
- The S&P Retail ETF (NYSEARCA:XRT) is also positive on the day with most broad market averages in the red.
Thu, Jun. 4, 9:14 AM
Wed, Jun. 3, 4:08 PM| Wed, Jun. 3, 4:08 PM | Comment!
Thu, Mar. 26, 9:13 AM
Thu, Mar. 26, 8:53 AM
- Shares of Five Below (NASDAQ:FIVE) soar after the company increases its profit and promises more store openings.
- The company says it will add 70 stores this year off an existing base of 366 at the end of January.
- Q4 comps at Five Below compared favorably to peers, while operating income rose 31% Y/Y.
- Previously: Five Below +2.8% after topping Q4 expectations (Mar. 25 2015)
- FIVE +8.2% premarket to $34.87.
Wed, Mar. 25, 5:38 PM
Wed, Mar. 25, 4:15 PM
- Five Below (NASDAQ:FIVE) reports comparable-store sales increased 3.2% in Q4.
- Store count +20% Y/Y to 366.
- Guidance: The company expects Q1 revenue of $150M-$152M vs. $154.2M consensus. Comps seen rising 1% to 2% during the period.
- FIVE +2.82% after hours.
- Previously: Five Below beats by $0.01, beats on revenue
Thu, Mar. 12, 9:47 AM
- Shares of Dollar Tree (DLTR +1.6%), Target (TGT +1.1%), Wal-Mart (WMT +1.1%), Fred's (FRED +1.1%), and Five Below (FIVE +1.6%) are picking up steam after Dollar General's (DG +2.7%) quarterly reports shows some broad strength across categories.
- Despite the headline miss on U.S. retail sales earlier, the S&P Retail (NYSEARCA:XRT) is up 1.12% to outpace the S&P 500.
- Analysts think lower-income consumer spending is gaining momentum based on the most recent reads from discounters such as Dollar General.
- Previously: New buybacks and store growth on tap for Dollar General
Thu, Feb. 19, 10:55 AM
- Five Below (NASDAQ:FIVE) trades lower after Wal-Mart reports earnings and announces a new wage structure in the U.S.
- A scan of Glassdoor.com indicates Five Below sales associates average $7.95 and cashiers $7.88 vs. the federal minimum of $7.25.
- Shares of the retailer are down 0.70% on the day and stand -20.62% YTD.
Fri, Jan. 9, 12:47 PM
Five Below Inc is a specialty retailer offering merchandise for teen and pre-teen customers. Its merchandise includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body and among others.
Other News & PR