Five Below (FIVE) PT Lowered to $104 at BofA Securities

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Five Below, Inc. Announces CEO Transition

July 16, 2024 4:01 PM EDT

Kenneth Bull, Chief Operating Officer, appointed interim President and CEO; Tom Vellios, Co-Founder and Chairman, appointed interim Executive Chairman; Board launches search for permanent CEO

Company provides quarter-to-date sales results and updates guidance for the second quarter of fiscal 2024

PHILADELPHIA, July 16, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced the appointment of Kenneth Bull as interim President and Chief Executive Officer (CEO), effective immediately.

Joel Anderson has stepped... More