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Stock impact report

Five Below Makes Major Announcement [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 chain of specialty discount stores was founded in 2002 by Tom Vellios and David Schlessinger and is headquartered in Philadelphia. While the chain often appeals to tweens and teens, people of all ages can usually find something to like at the spot. Now, Five Below has made a major announcement, and it should make regular shoppers happy. In a new report about the company's 2024 earnings, Five Below dropped the news that they'll open an impressive 150 new stores this year. “We entered the holiday period with the goal of showcasing more newness with key trend-right, value product, while also improving our operational execution and in-store experience. We were very encouraged to see early positive results from our teams' efforts and are excited to build on this in 2025 with [CEO Winnie Park] at the helm," the company's COO, Ken Bull, said. It's worth noting that the same report showed that Five Below had a rough holiday season, with the company's comparable sales down by 3% ye Show less Read more
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