Five Below (FIVE) PT Lowered to $110 at RBC Capital
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Five Below (FIVE) PT Lowered to $135 at Buckingham Research, Following Holiday Sales, Guidance Cut
January 13, 2020 12:11 PM ESTBuckingham Research analyst Bob Summers lowered the price target on Five Below (NASDAQ: FIVE) to $135.00 (from $145.00) while maintaining a Buy rating.
... MoreFive Below (FIVE) PT Lowered to $130 at Loop Capital
January 13, 2020 12:02 PM ESTLoop Capital analyst Anthony Chukumba lowered the price target on Five Below (NASDAQ: FIVE) to $130.00 (from $145.00) while maintaining a Buy rating.
... MoreFive Below (FIVE) Defended at JP Morgan
January 13, 2020 11:02 AM ESTFive Below (NASDAQ: FIVE) was defends at JP Morgan. The analyst notes that importantly and adjusting the calendar apples to apples, FIVE comped positive over the key Black Friday, Cyber Week noting material acceleration (& above-plan sales) in the 7 days leading into Christmas with same-store-sales returning... More
Pre-Open Stock Movers 01/13: (PRWM) (MBOT) (JILL) Higher; (SSI) (INGN) (FIVE) Lower (more...)
January 13, 2020 9:31 AM ESTToday's Pre-Open Stock Movers
Stage Stores, Inc. (NYSE: SSI) 53.7% LOWER; today reported comparable sales for the holiday period. For the nine-week period ended January 4, 2020, comparable sales increased 1.4% as compared to the nine-week period ended January 5, 2019.1 For the 48-week year to date period, comparable sales increased 4.2%... now expect full year 2019 earnings to be approximately $25 million to $30 million below the low end of the previously announced guidance range.
Primo Water Corporation (Nasdaq: PRMW) 25.7% HIGHER; Cott Corporation (NYSE:... More
Five Below (FIVE) Holiday Comps Declined 2.6%, Lowers Q4 Guidance
January 13, 2020 8:32 AM ESTFive Below, Inc. (NASDAQ: FIVE) today announced net sales results for the quarter-to-date period from November 3, 2019 through January 4, 2020 ("Holiday Period"). The Company announced that net sales for the Holiday Period increased by 13.4% to $596.6 million from $526.1 million in the comparable nine-week period from November 4, 2018 to January 5, 2019. Comparable sales for the Holiday Period decreased by 2.6%.
Joel Anderson, President and CEO of Five Below, stated, While our comparable sales during key holiday selling periods were positive, they were not strong enough to overcome the headwind of six fewer shopping days between Thanksgiving and Christmas, and... More
