Five Below NASDAQ: FIVE markety z artykułami w cenach od 1$ do 5$

[slayer74]

Five Below Misses Badly But Upbeat On Reopening Sales Trends; Stock Jumps

Five Below Earnings
Estimates: Wall Street expected a loss of 35 cents per share, reversing a year-ago profit of 35 cents a share, according Zacks Investment Research. Revenue was seen slipping 38% to $225 million.

Analysts expected Five Below same-store sales to dive 38%, according to Consensus Metrix.

Results: Loss of 91 cents a share, or 93 cents excluding a benefit from share-based accounting, on revenue of $200.9 million. Same-store sales plunged 51.8%. As of Tuesday, the company has reopened approximately 90% of its stores.

"We are very pleased with the initial sales trends we are seeing as stores reopen, and I am really proud of how our team is adjusting to the new environment," said CEO Joel Anderson.

Five Below Stock
Shares leapt 10% late after closing down 3.2% at 103.90 on the stock market today. Five Below stock has formed a cuplike pattern and is shooting for a buy point of 118.54. MarketSmith analysis shows. it has been losing ground on its 200-day moving average, a key technical benchmark. However it remained clear of its 50-day line.

The relative strength line for Five Below stock has been making good progress in recent weeks. But it follows a period of decline that started in mid-October last year. It remains well off the all-time highs it reached last year. The stock is down almost 20% so far in 2020, though it is off lows.

https://www.investors.com/news/five-bel ... buy-point/

[slayer74]

Five Below | Percentage Increase Over 8%
Five Below (FIVE) - Get Report climbed after the after the specialty value retailer’s second-quarter revenue of $426.1 million beat analysts’ expectations of $405.8 million. Quarterly sales improved by 2.1% over a year ago, driven mostly by the gradual reopening of stores. The company reported earnings of 53 cents a share, more than triple Wall Street's call for 14 cents, and up from 51 cents per share a year earlier.

https://www.thestreet.com/investing/mac ... s-thursday

S&P 500 -3.5%

[slayer74]

ATechniczna

Stocks In Or Near Buy Zones: Five Below, Intuitive Surgical, Epam
Tuesday's IBD Stock Of The Day, Five Below, is in the 5% buy zone past a 168.07 buy point in a rare ascending base. The 5% buy area goes up to 176.47.

Shares rallied 0.3% Wednesday morning.

[slayer74]

Five Below Inc. (NASDAQ: FIVE) was downgraded to Neutral from Buy at Citigroup, though the firm raised the target price to $205. The consensus target for the red-hot retailer is $204.83. The last trade for Tuesday was reported at $184.75.

[slayer74]

Five Below (NASDAQ:FIVE) stock rose 3.8% on the back of Morgan Stanley (NYSE:MS) upgrading its investment stance on the discount store to ‘overweight’ from equal weight’, saying it could be an outperform in the sector, potentially rising 30%.

[slayer74]

Five Below (NASDAQ:FIVE) stock fell 4.2% after the discount store’s quarterly revenue and comparable sales came in below expectations.

[slayer74]

Five Below (NASDAQ:FIVE) posted Q3 earnings that came ahead of the average analyst estimates and paved the way for the company to raise its full-year forecast.

FIVE posted EPS of $0.29 on revenue of $607.6 million, which compares to the consensus of earnings of $0.14 on sales of $610.46M. Net sales rose by over 6% in the third quarter while comparable sales fell 2.7%, better than the feared 5.9% drop.

Joel Anderson, President and CEO of Five Below, said, "We delivered third quarter results that were better than our guidance in spite of the difficult macro environment and challenging year-over-year comparison."

For this quarter, Five Below projects flat comparable sales (up or down 1%), EPS of $3.01 (up or down $0.08), and sales in the range of $1.09B-1.1B. This compares to the analyst consensus of earnings of $2.93 on sales of $1.08B.

For FY2023, Five Below raised its EPS forecast to $4.55-4.71, up from the prior $4.26-4.56, and higher than the consensus of $4.41. Comparable sales are expected to decline between 2-3% on net sales of $3.05B (up or down $10M), higher than the consensus that called for FY comp. sales to decline 3.1% and revenue of $3B (Bloomberg consensus).

KeyBanc analysts increased the price target to $188 from the prior $172 on better-than-feared results.

"While the investing landscape for consumer/retail remains difficult at this time, we believe FIVE has strong merchandising and store remodeling opportunities to help navigate the next two to three years. As such, we believe FIVE remains one of the most compelling growth opportunities in retailing as we look out LT," they said.

Oppenheimer analysts said the results were "much better than expected."

"We look upon improved fundamental trends and particularly strengthening sales at FIVE lately as suggestive that the company’s merchandise-driven and value-focused business model is resonating well with consumers, amid a softer, but still not utterly weak macro backdrop," they said.

[slayer74]

Roth upgraded Five Below, Inc. (NASDAQ:FIVE) to a Buy rating (from Neutral) and raised their price target on the stock to $240.00 (from $180.00) as the industry sees a shift to value-oriented merchandise. The shift has taken place quicker than Roth had anticipated. Comps have improved sequentially but have not yet turned meaningfully positive. The analysts see profitability improvements coming and expect shares to outperform over the balance of the year.

Following a slow 1H22, the company’s 3Q results and sales trends showed Roth that the discount retailer’s sales trends are off the bottom and the shift to value-oriented product is taking shape. FIVE is now seeing revenue volumes come back and new unit expansion ramping up, all in tandem with excess costs being trimmed.

The analysts wrote in a note, “From our vantage point, virtually all parts of the store are performing well, and not only the newly implemented higher price points. The programmatic rollout of the Five Beyond concept (including 400+ store conversions this year, i.e. "supercharging" the base) should result in a steady comp lift over the next several quarters, if not years. We still see meaningful opportunity to in-fill price points between $10 and $25 and note this pricing subset as a very small % of the overall product base today.”

Shares of FIVE are up 1.71% in early trading on Monday.

https://www.investing.com/news/stock-ma ... SI-3001908

[slayer74]

Five Below (NASDAQ:FIVE) shares rose more than 5% after-hours following the company’s reported Q1 results, with EPS of $0.67 coming in better than the consensus estimate of $0.63.

Revenue was $726.2 million, compared to the consensus estimate of $728.67M. Comparable sales increased by 2.7% versus Q1/22.

“We are pleased with our first quarter results that were in line with our outlook highlighted by a 3.9% comp transaction increase. While our customers face multiple macro headwinds, we continue to be there for them, flexing our offering to bring them the Wow products they need and want,” said CEO Joel Anderson.

For Q2/24, the company expects EPS in the range of $0.80-$0.85, compared to the consensus of $0.88, and revenue in the range of $755-$765M, compared to the consensus of $768M.

For the full year, the company expects EPS of $5.31-$5.71, compared to the consensus of $5.60, and revenue of $3.5-$3.57 billion, compared to the consensus of $3.57B.

[slayer74]

Five Below (NASDAQ:FIVE) aftermarket 8% LOWER; reported Q2 EPS of $0.84, $0.01 better than the analyst estimate of $0.83. Revenue for the quarter came in at $759M versus the consensus estimate of $759.7M. Five Below sees Q3 2024 EPS of $0.17-$0.25, versus the consensus of $0.40. Five Below sees Q3 2024 revenue of $715-730M, versus the consensus of $737.8M. Five Below sees FY2024 EPS of $5.27-$5.55, versus the consensus of $5.58. Five Below sees FY2024 revenue of $3.5-3.57B, versus the consensus of $3.56B.