Five Below Stock Price, News & Analysis

Five Below, Inc. (NASDAQ: FIVE) announced its net sales results for the holiday period from November 3, 2024, to January 4, 2025. Net sales increased by 8.7% to $1.19 billion compared to $1.10 billion in the same period last year. However, comparable sales decreased by 3.2%. The company reiterated its fourth-quarter and full-year fiscal 2024 guidance, expecting fourth-quarter sales to be in the upper half of the projected range.

The fourth-quarter guidance includes net sales of $1.35 billion to $1.38 billion, an approximate 3% to 5% decrease in comparable sales, and diluted income per share between $3.15 and $3.33. Full-year guidance projects net sales of $3.84 billion to $3.87 billion, a 3% decrease in comparable sales, and diluted income per share between $4.34 and $4.52.

CEO Winnie Park expressed excitement about joining the company during the holiday season and highlighted the dedication of the team. Five Below plans to continue enhancing its product offerings, value, and store experience. The company will participate in a fireside chat at the 2025 ICR Conference, with a webcast available for investors.

Five Below (NASDAQ: FIVE), a trend-right, high-quality extreme-value retailer targeting teens and pre-teens, has announced its participation in the 2025 ICR Conference in Orlando, Florida. The company's management will host a fireside chat on January 13, 2025, at 10:00 a.m. Eastern Time. The event will be webcast live on the company's investor relations website, with an archived replay available two hours after the conclusion. Additionally, Five Below will release its holiday sales results on January 13, 2025, before the market opens.

Five Below (NASDAQ: FIVE) reported Q3 fiscal 2024 results with net sales increasing 14.6% to $843.7 million and comparable sales rising 0.6%. The company opened 82 new stores, ending with 1,749 stores across 44 states, an 18.1% increase year-over-year.

Q3 adjusted operating income was $27.6 million, with adjusted diluted EPS of $0.42. Year-to-date net sales grew 11.9% to $2.49 billion, though comparable sales decreased by 2.6%. The company announced Winnie Park as new CEO, effective December 16, 2024.

For Q4 2024, Five Below expects net sales between $1.35-1.38 billion with comparable sales decreasing 3-5%. Full-year guidance projects net sales of $3.84-3.87 billion with approximately 227 net new stores.

Five Below (NASDAQ: FIVE) has appointed Winnie Park as Chief Executive Officer and Board member, effective December 16, 2024. Park, who previously served as CEO of Forever 21, brings over three decades of retail experience. She will work alongside COO Kenneth Bull and Executive Chairman Thomas Vellios.

At Forever 21, Park led a transformational brand refresh focusing on younger consumers and social media engagement. Her prior experience includes CEO roles at Paper Source and executive positions at Duty Free Shoppers (LVMH). Park's expertise spans customer-centric strategies, merchandising, and brand building across specialty and value retail segments.

Five Below (NASDAQ: FIVE) has scheduled its third quarter fiscal 2024 financial results announcement for December 4, 2024, after market close. The company will hold a conference call at 4:30 p.m. Eastern Time to discuss the results. Investors can access the live audio webcast at investor.fivebelow.com, where a replay will be available afterward. Those interested in participating can dial 412-902-6753 approximately 10 minutes before the call begins.

Five Below (NASDAQ: FIVE) has unveiled its 2024 Halloween product lineup, offering a wide range of affordable items starting at just $1. The collection includes costumes, decorations, accessories, and candy for all ages. Highlights include:

- Trendy costumes for humans and pets
- Halloween-inspired apparel featuring popular franchises
- Indoor and outdoor decorations, including giant inflatables
- Makeup, masks, and accessories starting at $2
- A variety of candies and specialty treats

In over 50 select stores, Five Below is introducing an expanded 'fright house' experience with exclusive animatronics and decorations. With over 1,700 stores across the U.S. and online shopping options, Five Below aims to provide a convenient and budget-friendly Halloween shopping experience.

Five Below (NASDAQ: FIVE) reported Q2 fiscal 2024 results with net sales increasing 9.4% to $830.1 million. However, comparable sales decreased by 5.7%. The company opened 62 new stores, ending the quarter with 1,667 stores across 43 states. Q2 GAAP diluted EPS was $0.60, while adjusted diluted EPS was $0.54. Five Below updated its full-year 2024 guidance, expecting net sales between $3.73 billion and $3.80 billion. The company plans to open approximately 230 new stores this year but is moderating store growth to 150-180 stores in 2025 to focus on initiatives and improve execution. Five Below's management acknowledged challenges but expressed confidence in the business model and ability to improve results.

Five Below (NASDAQ: FIVE) has announced the release date for its second quarter fiscal 2024 financial results. The company, known for its trend-right, high-quality, extreme-value retail offerings for tweens, teens, and beyond, will disclose its earnings after market close on Wednesday, August 28, 2024. Following the release, Five Below will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts can participate by dialing 412-902-6753 approximately 10 minutes before the call starts. Additionally, a live audio webcast will be available on the company's investor relations website, where a replay will also be accessible shortly after the call concludes.