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Five Below, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
Newsfilter· 2024-03-20 20:01
Q4 Net Sales Increase of 19% with a Comparable Sales Increase of 3.1%; Q4 EPS Increase of 19% Fiscal 2023 Net Sales Increase of 16% with a Comparable Sales Increase of 2.8%; Fiscal 2023 EPS Increase of 15% Provides First Quarter and Fiscal 2024 Guidance PHILADELPHIA, PA, March 20, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE) today announced financial results for the fourth quarter and full year of fiscal 2023 ended February 3, 2024, both of which contained one additional week ("53rd week") versus ...
Here's How Five Below (FIVE) Looks Just Ahead of Q4 Earnings
Zacks Investment Research· 2024-03-18 13:50
Five Below, Inc. (FIVE) is likely to register an increase in the top line when it reports fourth-quarter fiscal 2023 results on Mar 20 after the closing bell. The Zacks Consensus Estimate for revenues is pegged at $1,350 million, which suggests an improvement of 20.2% from the prior-year reported figure.Over the past 30 days, the Zacks Consensus Estimate for fourth-quarter earnings per share has increased by a penny to $3.78. The figure indicates growth of 23.1% from the prior-year quarter.This extreme-valu ...
Five Below (FIVE) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-03-13 15:01
Five Below (FIVE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended January 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on March 20. ...
Five Below, Inc. Announces Fourth Quarter and Full Year Fiscal 2023 Earnings Release and Conference Call Date
Newsfilter· 2024-03-06 21:05
PHILADELPHIA, PA, March 06, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE), the trend-right, high-quality, extreme-value retailer for tweens, teens and beyond, today announced that its financial results for the fourth quarter and full year of fiscal 2023 will be released after market close on Wednesday, March 20, 2024. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial ...
Up More Than 400% in the Last 10 Years, Is It Time to Buy This Under-the-Radar Retail Stock?
The Motley Fool· 2024-03-04 13:50
With a trailing-10-year total return of 310%, it's hard to deny the Nasdaq Composite Index's track record. The tech-heavy benchmark has clearly been a winner in the past.But some of its constituents have fared better. Look at Five Below (FIVE 0.07%). The discount retail stock has soared 409% in the last decade (as of Feb. 28). Carrying a market capitalization of just $11 billion right now, Five Below might fly under the radar for most investors out there. But that could change.Is it time to buy the stock?Al ...
Five Below (FIVE) Gains on Growth Efforts, Market Expansion
Zacks Investment Research· 2024-02-21 18:06
Five Below, Inc. (FIVE) has demonstrated impressive operational efficiency, setting a strong foundation for its future expansion and showcasing its ability to tackle market challenges. Its forward-looking strategies reflect the company's dedication to ongoing improvement and its ambition to stay at the forefront of the retail industry.These strategies encompass a range of initiatives, such as increasing its store footprint, enhancing its product offerings, optimizing its inventory management and bolstering ...
Five Below Appoints Karen Bowman to Board of Directors
Newsfilter· 2024-01-24 21:05
PHILADELPHIA, PA, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE), the trend-right, extreme-value brand for tweens, teens and beyond, announced the appointment of Karen Bowman to its Board of Directors, effective January 24, 2024. Following Ms. Bowman's appointment, Five Below's Board will increase to twelve directors, four of whom are female. Thomas Vellios, Chairman of the Board, commented, "We are thrilled to welcome Karen Bowman to our Board of Directors. With over three decades of prof ...
Five Below (FIVE) Holiday Sales Rise, Eyes Solid Finish to FY23
Zacks Investment Research· 2024-01-09 17:02
Five Below, Inc. (FIVE) has showcased a stellar performance during the holiday season, underscoring the exceptional ability to connect with consumers looking for affordable and trendy products. This high-growth value retailer posted a stellar 15.6% increase in net sales for the quarter-to-date period from Oct 29, 2023 through Jan 6, 2024.Management expressed satisfaction with the broad-based strength in performance across most product categories, highlighting continued success from converted stores. Need-ba ...
Five Below falls below EMA; is it time to buy the dip?
MarketBeat· 2024-01-09 13:11
Key PointsFive Below reiterated its guidance and sent shares down 5%. Someone is buying the dip, and institutions and analyst followers are in the mix. The valuation is high now, but prices in a solid outlook for growth the company is executing. 5 stocks we like better than Five BelowFive Below, Inc NASDAQ: FIVE is one of the presenters at this year’s ICR Conference and, like many presenters, sent its stock on a wild ride. The company offered favorable guidance but failed to impress analysts wanting more. T ...
Five Below, Inc. Announces Holiday Sales Results for Quarter-To-Date Through January 6, 2024
Newsfilter· 2024-01-08 12:00
Total Sales Increased 15.6%; Comparable Sales Increased 3.6% Reiterates Fourth Quarter and Full Year Fiscal 2023 Guidance, with Net Sales in the Upper Half of the Range and Comparable Sales of Approximately 3% PHILADELPHIA, PA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE) ("Five Below" or the "Company") today announced net sales results for the quarter-to-date period from October 29, 2023 through January 6, 2024 ("Holiday Period"). The Company expects fourth quarter and full year fiscal ...