Five Below, Inc. Stock News

PHILADELPHIA, PA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, high-quality extreme-value retailer for teens and pre-teens, today announced that management is currently scheduled to host a fireside chat at the 2025 ICR Conference in Orlando, Florida, on Monday, January 13, 2025, at 10:00 a.m. Eastern Time.

Five Below (FIVE 1.22%) is something of a specialty retailer whose name no longer makes a whole lot of sense. In the beginning everything it sold cost less than $5, but that has since changed.

Stock market investors could be forgiven for thinking Five Below (FIVE 1.01%) was stuck six feet under. Shares of the specialty retailer, known for its bargain prices on trendy merchandise targeted to teens, have declined approximately 52% year to date.

If you had invested $10,000 in Five Below (FIVE 0.15%) at its initial public offering (IPO) in 2012, you'd have nearly $40,000 now. That's not a bad long-term return.

Shares of Five Below (FIVE 0.15%) are on the way up. Since hitting their 52-week low in August, they have skyrocketed 60% (as of the Dec. 12 close).

I recommend a hold rating for Five Below stock due to ongoing macro and execution headwinds, despite a better-than-expected 3Q24 performance. 3Q24 results showed positive same-store sales growth and improved execution, but seasonal demand tailwinds make it hard to attribute gains solely to management efforts. New CEO brings retail expertise but adds uncertainty to growth outlook; 4Q24 guidance ...

Shares of Five Below (FIVE -2.35%) jumped 22.5% this week, according to data from S&P Global Market Intelligence. The discount retailer posted improving comparable store sales growth in the third quarter and announced a new CEO to lead the company.

Shares of discount retailers Dollar Tree Inc (NASDAQ:DLTR), Dollar General Corp (NYSE:DG), and Five Below Inc (NASDAQ:FIVE) are all moving today after their third-quarter earnings reports.