FIVE: Decent Business At A Horrible Price
FIVE: Decent Business At A Horrible Price
Thu, Jun. 2, 4:02 PM
Thu, May 26, 2:30 PM
- Discounters are rallying in full force after Dollar General (DG +4.6%) and Dollar Tree (DLTR +12.5%) both posted Q1 profit ahead of expectations.
- Steady consumer demand, tight expense control, and an easing of promotional pressure underpinned both reports.
- Retail Dive may have arrived at the heart of the matter, by noting that dollar stores attract different shoppers than the retailers which have been ravaged by Amazon's growth.
- "We are part of what I consider, in this economic environment, the most attractive sector in retail," said Dollar Tree CEO Bob Sasser.
- Investors seem to agree. Ollie's Bargain Outlet Holdings (OLLI +7.6%), Burlington Stores (BURL +7.8%), Big Lots (BIG +2.7%), Five Below (FIVE +2.9%), Ross Stores (ROST +0.9%), TJX Companies (TJX +1%), Tuesday Morning (TUES +1.9%), and Fred's (FRED +6.2%) are all pushing higher.
Wed, Mar. 23, 1:03 PM
- Sharply lower overnight following an earnings beat, but soft guidance, Five Below (FIVE +7%) has turned things around in today's session. Among the reasons:
- Management reiterated intentions to get to 2K stores (vs. just over 400 currently). The company this year plans 85 openings (vs. 71 in 2015), including initial entries into South Florida and South Texas. California is eyed for 2017. New stores continue to perform well, say execs.
- The company nailed the holiday season, with comp sales up 4.1% during the key weeks.
- Consumers shopped the entire store, marketing is working, and Q1 is off to a promising start, with comp sales up 4% vs. 3.6% in FQ4.
Tue, Mar. 22, 5:41 PM
Tue, Mar. 22, 4:37 PM| Tue, Mar. 22, 4:37 PM | 2 Comments
Fri, Mar. 11, 10:54 AM
- The solid week for specialty retail continues after a majority of earnings report come in ahead of expectations.
- Ulta Salon (ULTA +16%) and Party City (PRTY +7.1%) were the headliners, but a host of companies realized stronger pricing than anticipated during the quarter to help offset weak traffic trends.
- Retail sector movers include FTD Companies (FTD +6.1%), Pier 1 Imports (PIR +2.3%), Sally Beauty Holdings (SBH +2.4%), Five Below (FIVE +2%), Stein Mart (SMRT +5.7%), Buckle (BKE +2.5%), Urban Outfitters (URBN +2.2%), and Tilly's (TLYS +2.9%) .
Thu, Mar. 10, 10:27 AM
- Party City (PRTY +19.5%) and Dollar General (DG +7.2%) are both flying after Q4 earnings shine.
- Both retailers improved profit and operating margins off sales mix and a dialing down of promotions.
- The strong reads from the retailers is giving a lift to Fred's (FRED +2.5%), Dollar Tree (DLTR +3.5%), Big Lots (BIG +1.6%), and Five Below (FIVE +2.2%).
- Previously: Dollar General +3.8% post Q4 results (Mar. 10 2016)
- Previously: Party City beats by $0.01, misses on revenue (Mar. 10 2016)
Tue, Feb. 16, 11:02 AM
- Specialty retail stocks are breaking out of the pack to record strong gains.
- A number of economists have revised their forecast upward on the part of consumer spending tied to low-ticket household/clothing/recreational items.
- The Container Store (TCS +10.4%), Zagg (ZAGG +7.9%), Pier 1 Imports (PIR +4.2%), Chico's (FAS +3.4%), Five Below (FIVE +3%), and Destination XL Group (DXLG +5.5%) are notable gainers.
- The sporting goods sector is also showing strength - Hibbett Sports (HIBB +3.6%), Cabela's (CAB +3.7%), Dick's Sporting Goods (DKS +2.4%), and Big 5 Sporting Goods (BGFV +1.9%) are all ahead of broad market averages.
Wed, Jan. 13, 10:11 AM
Dec. 16, 2015, 6:44 PM
- Five Below (NASDAQ:FIVE) will replace UIL Holdings (set to merge with Spain's Iberdrola) in the S&P SmallCap 600 after Friday's close.
- Shares have risen to $32.54 after hours in response. They rose 3.4% in regular trading ahead of the news.
Dec. 16, 2015, 5:38 PM
Dec. 3, 2015, 4:03 PM
- Five Below (NASDAQ:FIVE): Q3 EPS of $0.08 beats by $0.01.
- Revenue of $169.69M (+23.0% Y/Y) beats by $3.09M.
- Shares +11.97%.
Nov. 30, 2015, 12:55 PM
- It's not a happy Cyber Monday for most retail chain stock on broad concerns over soft store traffic and weak pricing.
- Notable decliners include Guess (GES -5.5%), Express (EXPR -4.6%), Zumiez (ZUMZ -7%), Foot Locker (FL -1.7%), Finish Line (FINL -2.1%), Urban Outfitters (URBN -4.4%), Francesca's (FRAN -2.9%), DSW (DSW -2.7%), and Men's Wearhouse (MW -3.3%).
- Discounters are down sharply, led by Big Lots (BIG -5.4%), Gordmans Stores (GMAN -6%), and Five Below (FIVE -4.3%).
- Big box retailers Wal-Mart (WMT -1.3%), Costco (COST -1.4%), and Target (TGT -1.4%) are lower with concerns over website capabilities lingering in the background. Best Buy (BBY +1.1%) is a bit of a surprise with a 1.4% gain after reports indicate demand for Apple products is exceptionally strong.
- Specialty retailers such as The Container Store (TCS +1.6%), Party City (PRTY +1.2%), and The Michaels Companies (MIK +1.4%) are also retail outliers as consumers are seen spending a higher percentage of their disposable income close to their homes.
- Previously: Retail stocks on watch after Amazon scoops up more Black Friday sales (Nov. 30 2015)
- Previously: Department stores stocks weak on holiday sales anxiety (Nov. 30 2015)
Nov. 16, 2015, 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.
Nov. 11, 2015, 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)
Oct. 28, 2015, 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.
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room décor and storage, stationery and school supplies, video game... More
Sector: Consumer Goods
Industry: Apparel Stores
Country: United States
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