Five Below (FIVE) PT Lowered at UBS Despite 'Solid' Q3 Beat

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Five Below, Inc. Announces Third Quarter Fiscal 2015 Financial Results

December 3, 2015 5:00 PM EST

Q3 sales increased 23.0% to $169.7 million

Q3 EPS increased to $0.08

Guides Q4 2015 EPS to $0.74 to $0.76

PHILADELPHIA, PA, Dec. 3, 2015 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the thirteen and thirty-nine weeks ended October 31, 2015.

For the thirteen weeks ended October 31, 2015:

Net sales increased by 23.0% to $169.7 million from $138.0 million in the third quarter of fiscal 2014; comparable store sales increased by 4.8%. Operating income increased to $7.0 million from $5.5 million in... More

Five Below, Inc. Appoints Daniel Kaufman to Board of Directors

December 3, 2015 5:00 PM EST

PHILADELPHIA, PA, Dec. 3, 2015 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq: FIVE), the leading retailer of extreme-value merchandise for teens, pre-teens and beyond, today announced that it has appointed Daniel Kaufman to its Board of Directors.

"Dan has over two decades of experience with high growth specialty retailers and we are excited to welcome him to our Board of Directors," said Tom Vellios, Executive Chairman of Five Below. "With his deep understanding and expertise in growth retail, Dan will be a great addition to the Board and will be an important resource to... More

Five Below, Inc. Announces David Schlessinger Stepping Down From Board of Directors

December 3, 2015 5:00 PM EST

PHILADELPHIA, PA, Dec. 3, 2015 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq: FIVE), the leading retailer of extreme-value merchandise for teens, pre-teens and beyond, today announced that Co-Founder David Schlessinger has decided to step down from Five Below's Board of Directors to pursue personal interests. Since co-founding Five Below, Inc. in 2002, Mr. Schlessinger has served as Co-Founder, Executive Chairman until 2014, and most recently, Director.

"David and I co-founded Five Below thirteen years ago with the goal of building an amazing store for teens and pre-teens that offers high quality, trend-right products all at $5 and below,"... More

Five Below, Inc. Appoints Daniel Kaufman to Board of Directors

December 3, 2015 4:02 PM EST

PHILADELPHIA, PA, Dec. 3, 2015 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq: FIVE), the leading retailer of extreme-value merchandise for teens, pre-teens and beyond, today announced that it has appointed Daniel Kaufman to its Board of Directors.

"Dan has over two decades of experience with high growth specialty retailers and we are excited to welcome him to our Board of Directors," said Tom Vellios, Executive Chairman of Five Below. "With his deep understanding and expertise in growth retail, Dan will be a great addition to the Board and will be an important resource to... More

Five Below, Inc. Announces David Schlessinger Stepping Down From Board of Directors

December 3, 2015 4:01 PM EST

PHILADELPHIA, PA, Dec. 3, 2015 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq: FIVE), the leading retailer of extreme-value merchandise for teens, pre-teens and beyond, today announced that Co-Founder David Schlessinger has decided to step down from Five Below's Board of Directors to pursue personal interests. Since co-founding Five Below, Inc. in 2002, Mr. Schlessinger has served as Co-Founder, Executive Chairman until 2014, and most recently, Director.

"David and I co-founded Five Below thirteen years ago with the goal of building an amazing store for teens and pre-teens that offers high quality, trend-right products all at $5 and below,"... More

Five Below, Inc. Announces Third Quarter Fiscal 2015 Financial Results

December 3, 2015 4:00 PM EST

Q3 sales increased 23.0% to $169.7 million

Q3 EPS increased to $0.08

Guides Q4 2015 EPS to $0.74 to $0.76

PHILADELPHIA, PA, Dec. 3, 2015 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the thirteen and thirty-nine weeks ended October 31, 2015.

For the thirteen weeks ended October 31, 2015:

Net sales increased by 23.0% to $169.7 million from $138.0 million in the third quarter of fiscal 2014; comparable store sales increased by 4.8%. Operating income increased to $7.0 million from $5.5 million in... More