FIVE News

Steel City Capital Investments, LLC is the management company of the Steel City Capital fund. Michael G. Hacke is the fund’s founder and managing member. Recently, Steel City Capital released its Q1 2020 Investor Letter – a copy of which can be downloaded here. For Q1 2020, the fund reported a net return of -10.7%, while […]

Five Below (FIVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Five Below (FIVE) announces business updates like financial actions and launching of curbside pickup in wake of the coronavirus pandemic.

Shoppers are concerned about staying safe from COVID-19 and their financial health, which will affect their willingness to go back to department stores and malls.

Philadelphia-based Five Below shuttered all 900 of its stores across 36 states on March 19 in response to the coronavirus.

The company’s growth plans could improve its outlook Continue reading...

Five Below, Inc. (FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today provided an update on operations and announced additional measures it is taking in response to the current business environment created by COVID-19. “As certain states and localities update their restrictions, we are beginning the process of reopening our stores and reconnecting with our customers,” said CEO Joel Anderson.

All Five Below (FIVE) stores to remain temporarily shut until the situation normalizes.

Five Below, Inc. (FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond provides an update on COVID-19 and its impact on operations. The Company will reopen stores as soon as federal, state and local authorities allow. The Company will cover health benefits costs for furloughed employees through April.

Firm's largest sales of the 1st quarter Continue reading...

Considering the current scenario, Five Below is leaving no stone unturned to contain costs, minimize expenditures and manage liquidity.

Etsy tops the list Continue reading...

The COVID-19 coronavirus is making its way across the world. The outbreak began at the end of 2019 in Wuhan, China; it has killed roughly 2,500 people, infected more than 83,000 people overall and spread to nearly 50 countries, including the U.S., since then.The coronavirus has now passed the 2002-03 SARS and 2015 MERS outbreaks in scale, and that has triggered heavy selling: Stock indices around the world, including here at home, have been sent into correction territory. Numerous stock picks are already in bear markets.It's no small worry. The SARS outbreak tallied 774 deaths across more than 8,000 cases over a six-month period, yet helped knock China's GDP down from 11.1% in the first quarter of 2003 to 9.1% in the second quarter. The coronavirus's ultimate potential to disrupt the global economy is far worse.This health issue is weighing on most stocks, but it's cutting particularly deep into a few specific industries where the financial strain is already being felt. If there's any silver lining, it's that, like with SARS, this could end up being an opportunity to buy otherwise high-quality stocks at a discount for a potential snap-back.Here, we look at 13 stock picks that are being hammered by the coronavirus outbreak. These stocks might be best avoided until a clearer picture of the coronavirus's eventual fallout develops. But they eventually might be extremely attractive buy-the-dip prospects. SEE ALSO: 11 Best Stocks to Ride Out the Coronavirus Outbreak

As the coronavirus outbreak continues, it's raising questions about the schedule for opening some new retail stores planned in the Sacramento area. One of the early indications came last month, when an online posting from Target Corp. said the Minneapolis-based retailer was revising its schedule for opening some new small-format stores. In the message, Target CEO Brian Cornell said the company will "reduce the number of new small format store openings and store remodel projects set for 2020—completing the ones already in progress and rescheduling the rest for 2021."

Five Below, Inc. (FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced that it will hold its Annual Shareholder Meeting as a virtual meeting as a result of continuing concerns surrounding COVID-19. Shareholders are entitled to participate in the virtual Annual Meeting, post questions, and vote their shares, if they were a shareholder of record as of the close of business on April 21, 2020, the record date, or hold a legal proxy for the meeting provided by the shareholder’s bank, broker, or nominee. To attend and participate in the Annual Shareholder Meeting, shareholders must register in advance at http://viewproxy.com/fivebelow/2020 (the “Meeting Registration Website”) prior to the deadline of 11:59 pm ET on June 13, 2020.

Investors need to pay close attention to Five Below (FIVE) stock based on the movements in the options market lately.

Q4 2019 Five Below Inc Earnings Call

Five Below, Inc. (FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced additional measures it is taking in response to the current business environment created by COVID-19. For further details and a discussion of these risks and uncertainties, see the Company's periodic reports, including the annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, filed with or furnished to the Securities and Exchange Commission and available at www.sec.gov.

This story was updated to include the total number of employees affected at David's Bridal Inc. The information wasn't publicly available at the time it was first published. Three Philadelphia-area retailers have taken proactive steps to preserve ongoing operations by either furloughing employees, instituting pay cuts, canceling projects or a combination of those measures amid the ongoing coronavirus pandemic. Urban Outfitters Inc., Five Below Inc. and David’s Bridal Inc. have had their respective stores closed since mid-March, essentially shutting off a significant generator of revenue for their businesses.

Five Below, Inc. (FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced that its financial results for the first quarter of 2020 will be released after market close on Tuesday, June 9, 2020. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect management's current views and estimates regarding the Company's industry, business strategy, goals and expectations concerning its market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources and other financial and operating information.