Five Below, Inc. reports retail developments for an extreme-value specialty chain focused on trend-right merchandise for kids, teens and families. Company news commonly covers quarterly and annual sales results, comparable-sales trends, earnings guidance, holiday selling periods, merchandising initiatives and customer-experience updates tied to its value-oriented store format.
Recurring announcements also include store expansion, new market entries, product assortments across categories such as Candy, Style, Party, Room, Create, Tech, Sports and New & Now, and investor conference participation. The company sells through its stores and digital channels, including e-commerce, mobile app ordering and delivery options.
Five Below is gearing up for the holiday season with an array of affordable gifts and festive décor, ensuring customers have everything needed for a joyful celebration. The company, based in Philadelphia, emphasizes unbeatable prices across a diverse selection, including tech, toys, and cozy home items. Notably, Five Below has renewed its partnership with Toys for Tots to support underprivileged children this holiday season. The 2021 F.U.N. Gift List features highly sought-after items, catering to various interests and budgets, making holiday shopping accessible for all.
Five Below announced a successful fundraising campaign during Childhood Cancer Awareness Month, raising nearly $1.5 million for St. Jude Children’s Research Hospital. Since 2008, the retailer has contributed over $8.9 million to support vital pediatric cancer research and treatment. The campaign included in-store and online donation drives and participation in St. Jude’s #ShowYourGold initiative. Five Below continues to be committed to philanthropic efforts that enhance the lives of children and families facing serious health challenges.
Five Below reported robust Q2 2021 results, with net sales rising 55% to $647 million compared to Q2 2019. EPS surged 125% to $1.15 from $0.51 in Q2 2019. Operating income climbed 139% to $86 million. The company opened 34 new stores, totaling 1,121 across 39 states. For the year-to-date period, net sales increased 98.5% to $1.24 billion. However, no full-year guidance was provided due to COVID-19 uncertainties, despite a strong third quarter start.
Five Below, Inc. (NASDAQ:FIVE) will release its second-quarter 2021 financial results on September 1, 2021, following market close. The company invites investors and analysts to join a conference call at 4:30 p.m. Eastern Time for a detailed discussion of these results. Interested participants can dial in 10 minutes prior to the start or access a live audio webcast online. A replay will be available shortly after the call for two weeks. The announcement includes forward-looking statements regarding risks such as pandemic impacts, online operations, and consumer preferences that could influence future results.
Five Below expands its partnership with Instacart, introducing same-day delivery to over 700 additional locations, reaching a total of 1,100 stores. This initiative follows a successful pilot in December 2020, driven by strong customer demand. The service enhances accessibility for customers seeking trendy and affordable products, including summer essentials and school supplies. The collaboration aims to provide faster delivery, catering to families nationwide, as stated by company representatives. Customers can shop via Instacart or the Instacart app for convenient delivery options.
Five Below has achieved a fundraising milestone, raising over $1.7 million this year for Alex’s Lemonade Stand Foundation to support childhood cancer research. Since 2006, they have raised more than $8 million for this cause. Five Below's commitment reflects its dedication to philanthropy and improving the lives of children and families. Both organizations celebrated this unprecedented success, emphasizing the impact of community support on vital cancer research initiatives.
Five Below (NASDAQ: FIVE) reported a significant surge in financial performance for Q1 2021, with net sales rising by 64% to $598 million compared to Q1 2019. EPS increased by 91% to $0.88. Operating profit soared over 2.5 times since Q1 2019, reaching $63.7 million. The company opened 67 new stores, enhancing its total to 1,087 locations. Looking ahead, Five Below expects Q2 net sales of $640 million to $660 million and net income between $56.9 million and $63.7 million.
Five Below, Inc. (NASDAQ:FIVE) announced that its Q1 2021 financial results will be released on June 3, 2021, post-market close. A conference call will be held at 4:30 PM ET for discussion. Investors can participate by dialing 412-902-6753, with a live audio webcast available at investor.fivebelow.com. The company emphasizes its ongoing growth in the extreme-value retail sector, targeting tweens and teens with a diverse product range across various categories. The press release includes forward-looking statements that outline potential risks and uncertainties regarding future operations.
Five Below reported significant growth in Q4, with net sales increasing by 24.9% to $858.5 million and a comparable sales rise of 13.8%. Operating income saw a 17.7% increase to $169.6 million, while net income rose 12.3% to $123.9 million, resulting in an EPS of $2.20. However, for the fiscal year, net sales only grew 6.2% with a 29.5% decline in net income to $123.4 million. Looking ahead, the company projects Q1 2021 net sales between $540 million and $560 million.
Five Below, Inc. (NASDAQ:FIVE) will release its fourth-quarter 2020 financial results on March 17, 2021, after market close. A conference call to discuss these results will take place at 4:30 PM ET. Interested parties can join the call by dialing 412-902-6753 or through a live audio webcast available on the company's investor website. A replay will be accessible shortly after the call. The company emphasizes that forward-looking statements reflect management’s current views and may vary based on various risks and uncertainties.