PHILADELPHIA, PA, March 05, 2025 (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 2024 will be released after market close on Wednesday, March 19, 2025. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.
Five Below, Inc. has seen declining net income and earnings for three quarters, but the deeper share price drop suggests external issues. The company is refocusing and preparing for potential tariffs, with a new CEO bringing extensive retail experience to the table. Despite revenue growth from new stores, net income and earnings have declined, leading to a Hold rating with a one-year price target of $99.60.
Five Below has experienced quick growth, but it is struggling with low sales in existing stores and falling profits, which is why I have a 'hold' rating. Although revenue rose by 14.6% thanks to opening new stores, net profits fell sharply because of rising costs. Analysts predict ongoing revenue growth but lower profits, and there could be a chance for an upgrade if future results are better than expected.
PHILADELPHIA, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC has announced that it is looking into Five Below, Inc. (NASDAQ: FIVE) for the benefit of the company's long-term investors.
On January 24, 2025, Kuehn Law, PLLC, a law firm focused on shareholder litigation, is looking into whether some officers and directors of Five Below, Inc. (NASDAQ: FIVE) violated their responsibilities to shareholders. A federal securities lawsuit claims that insiders at Five Below misled investors about the company's actual financial health and operations, particularly regarding its expectations for the first quarter and the entire year of 2024.
Five Below aims to grow by offering stylish and affordable products, expanding its number of stores, and improving its operations. This strategy helps the company stay competitive and continue to develop.
NEW YORK, NY / ACCESS Newswire / January 19, 2025 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Five Below, Inc. ("Five Below" or "the Company") (NASDAQ:FIVE). Investors who acquired Five Below securities before December 1, 2022, and still own them, are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/FIVE.
As of the end of the third quarter in 2024, Five Below has 1,749 stores. This retail chain is well-liked by teenagers and preteens who want to buy trendy items at affordable prices.
Five Below has shown a remarkable 8.7% increase in holiday sales, even though it experienced a drop in comparable sales. This suggests that the company has great potential for growth in 2025.
The market has been doing well over the last few years, giving investors plenty of reasons to feel optimistic. However, some companies are still letting their shareholders down.