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Stock impact report

Five Below Considering 'Price Adjustments' [Yahoo! Finance]

Five Below, Inc. (FIVE) 
Last five below, inc. earnings: 3/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fivebelow.com/investor-relations
Company Research Source: Yahoo! Finance
The company's fourth-quarter earnings report for 2024 showed that even with opening 22 new stores during that usually busy last quarter of the year, its comparable sales were down by 3% year-over-year Now, Five Below has a new CEO in Winnie Park, who came to the company from Forever 21, where he had served as CEO since January 2022. On Five Below's latest earnings call , Park said that Five Below is going back to its main focus at whole $1 to $5 price points and "raising the bar on adding value to our highly edited assortment of product above $5." "Our priority is to keep prices low and our offering accessible to ensure we maintain the trust and loyalty of our customers and attract new customers to the brand," he added. Also during the call, the topic of possible tariffs on goods imported from Mexico and Canada came up. "We've navigated tariffs before," Five Below chief financial officer Kristy Chipman said, adding that the "breadth and magnitude" of the new tariffs, though Show less Read more
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