This represents an increase in stores of 13.9% from the end of the third quarter of fiscal 2019. Customers then enter their zip code, select Five Below, and can begin adding hundreds of products to their Instacart cart. “This partnership is an amazing milestone,” said Felipe Zardo, Senior Vice President of Digital for Five Below. Five Below means you never pay more than $5 for the trendiest, coolest, highest quality stuff that you just gotta have! about Five Below unlimited possibilities Five Below is one of the fastest growing value retailers on the planet, offering high-quality products loved by tweens, teens and more, with extreme $1-$5 value, plus some incredible finds that go beyond $5. It is a useful technique to understand the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Five Below, … So, an important question regarding the performance of these names, at least over the holiday period and into the new … Get the latest Five Below, Inc. (FIVE) stock news and headlines to help you in your trading and investing decisions. It offers a broad range of discount merchandise at prices up to $5. * Net income increased by 100.5% to $20.4 million from $10.2 million in the third quarter of fiscal 2019. 61,331 were here. 4, 2020 at 10:14 a.m. From Motley Fool. The 25 best Christmas TV episodes to rewatch over the holidays, Toll Brothers Shows Rising Price Performance With Jump To 82 RS Rating, Sangamo Therapeutics Sees RS Rating Rise To 85 And Composite Rating At 81, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. FIVE BELOW, INC. Consolidated Balance Sheets (Unaudited) (in thousands)  October 31, 2020 February 1, 2020 November 2, 2019 Assets       Current assets:       Cash and cash equivalents $117,045  $202,490  $77,496  Short-term investment securities 96,749  59,229  54,072  Inventories 430,200  324,028  419,340  Prepaid income taxes and tax receivable 18,090  4,063  16,396  Prepaid expenses and other current assets 50,194  75,903  58,666  Total current assets 712,278  665,713  625,970  Property and equipment, net 522,214  439,086  400,129  Operating lease assets 928,739  842,988  794,350  Deferred income taxes —  —  2,283  Other assets 12,265  10,874  11,019    $2,175,496  $1,958,661  $1,833,751          Liabilities and Shareholders’ Equity       Current liabilities:       Line of credit $—  $—  $—  Accounts payable 237,647  130,242  188,061  Income taxes payable 1,031  9,505  831  Accrued salaries and wages 22,164  19,873  11,773  Other accrued expenses 99,489  81,255  91,304  Operating lease liabilities 136,513  110,470  105,834  Total current liabilities 496,844  351,345  397,803  Other long-term liabilities 1,918  1,199  1,250  Long-term operating lease liabilities 922,784  837,623  789,307  Deferred income taxes 4,408  8,716  —  Total liabilities 1,425,954  1,198,883  1,188,360  Shareholders’ equity:       Common stock 559  557  556  Additional paid-in capital 312,668  322,330  318,318  Retained earnings 436,315  436,891  326,517  Total shareholders’ equity 749,542  759,778  645,391    $2,175,496  $1,958,661  $1,833,751                FIVE BELOW, INC. Consolidated Statements of Operations (Unaudited) (in thousands, except share and per share data) Thirteen Weeks Ended Thirty-Nine Weeks Ended  October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Net sales$476,614  $377,438  $1,103,623  $1,159,600  Cost of goods sold325,514  258,756  792,223  774,762  Gross profit151,100  118,682  311,400  384,838  Selling, general and administrative expenses126,851  105,997  326,205  311,655  Operating income (loss)24,249  12,685  (14,805) 73,183  Interest (expense) income and other (expense) income, net(660) 753  (1,017) 3,952  Income (loss) before income taxes23,589  13,438  (15,822) 77,135  Income tax expense (benefit)3,164  3,249  (15,246) 12,453  Net income (loss)$20,425  $10,189  $(576) $64,682  Basic income (loss) per common share$0.37  $0.18  $(0.01) $1.16  Diluted income (loss) per common share$0.36  $0.18  $(0.01) $1.15  Weighted average shares outstanding:        Basic shares55,851,780  55,672,796  56,004,072  55,855,526  Diluted shares56,099,328  56,019,736  56,004,072  56,208,718               FIVE BELOW, INC. Consolidated Statements of Cash Flows (Unaudited) (in thousands)  Thirty-Nine Weeks Ended   October 31, 2020 November 2, 2019 Operating activities:     Net (loss) income $(576) $64,682  Adjustments to reconcile net (loss) income to net cash provided by operating activities:     Depreciation and amortization 50,919  39,894  Share-based compensation expense 3,582  9,446  Deferred income tax (benefit) expense (4,308) 3,843  Other non-cash expenses 1,643  75  Changes in operating assets and liabilities:     Inventories (106,172) (175,704) Prepaid income taxes and tax receivable (14,027) (15,059) Prepaid expenses and other assets 30,784  326  Accounts payable 110,970  78,372  Income taxes payable (8,474) (19,795) Accrued salaries and wages 2,291  (12,813) Operating leases 25,453  9,660  Other accrued expenses 29,221  18,928  Net cash provided by operating activities 121,306  1,855  Investing activities:     Purchases of investment securities and other investments (120,033) (103,055) Sales, maturities, and redemptions of investment securities 77,513  127,093  Capital expenditures (149,270) (156,350) Net cash used in investing activities (191,790) (132,312) Financing activities:     Borrowing on note payable under Amended Revolving Credit Facility 50,000  —  Repayment of note payable under Amended Revolving Credit Facility (50,000) —  Cash paid for credit facility financing costs (1,755) —  Net proceeds from issuance of common stock 229  195  Repurchase and retirement of common stock (12,663) (36,885) Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 3,017  3,186  Common shares withheld for taxes (3,789) (10,291) Net cash used in financing activities (14,961) (43,795) Net decrease in cash and cash equivalents (85,445) (174,252) Cash and cash equivalents at beginning of period 202,490  251,748  Cash and cash equivalents at end of period $117,045  $77,496            CONTACT: Investor Contact: Five Below, Inc. Christiane Pelz Vice President, Investor Relations 215-207-2658 [email protected], Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.About Five Below: Five Below is a leading high-growth value retailer offering trend-right, high-quality products loved by tweens, teens and beyond. One stock that fits that bill is discount retailer Big Lots, which saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 88 to 91. Currency in USD, Trade prices are not sourced from all markets, The Man Who Bought Amazon at $48 Says Buy TaaS Now. * Operating income increased by 91.2% to $24.2 million from $12.7 million in the third quarter of fiscal 2019. The replay will be available for approximately two weeks after the call.Forward-Looking Statements: This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect management's current views and estimates regarding the Company's industry, business strategy, goals and expectations concerning its market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources and other financial and operating information. Five Below Inc Expected to Earn Q1 2021 Earnings of $0.25 Per Share (NASDAQ:FIVE) Five Below Inc (NASDAQ:FIVE) – Stock analysts at Jefferies Financial Group issued their Q1 2021 earnings estimates for shares of Five Below in a research report issued to clients and investors on Thursday, March 19th. We know life is way better when you’re free to “let go & have fun” in an amazing experience filled with unlimited possibilities, which makes it easy to say “YES!” to the newest, coolest stuff across eight awesome Five Below worlds: Tech, Create, Play, Candy, Room, Style, Party, New & Now. The firm currently has an “overweight” rating on the specialty retailer’s stock. Whether shopping for snacks and candy, home goods and décor, or electronics, toys and games, we know selection and affordability matter to customers nationwide,” said Chris Rogers, Vice President of Retail at Instacart. financial and fundamental analysis of Five Below - Five Below Inc is a retailer offering merchandise for teen and pre-teen customers. cool prices. Five Below stock price target raised to $120 from $100 at BofA Securities Jun. Investors can identify these statements by the fact that they use words such as "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future" and similar terms and phrases. For all orders, an Instacart personal shopper will put the order together within the customer’s selected time frame for same-day delivery or curbside pickup.Catering to tweens, teens and beyond, Five Below carries an ever-evolving and super exciting assortment of essentials for work and school from home, cell phone cases and chargers, cool room décor, pet products, yoga pants, graphic tees, beauty and wellness items, licensed collectibles, baseballs and basketballs, tons of candy and all the seasonal gotta-haves. PHILADELPHIA, PA, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE… Anderson continued, “In this high volume fourth quarter, we are focused on providing a safe and efficient shopping experience. extreme $1-$5 value, plus some incredible finds that go beyond $5. Instacart shoppers offer same-day delivery and pickup services to bring fresh groceries and everyday essentials to busy people and families across the U.S. and Canada. The company's organic growth, as measured by same-store sales, is also shrinking, which is "troubling," he added. The benefit from share-based accounting was approximately $0.04 in the third quarter of fiscal 2020 compared to less than a penny in the third quarter of fiscal 2019.Joel Anderson, President and CEO, said, “Our third quarter results surpassed our expectations as customers responded very positively to our extreme value, trend-right offering. The Department of Labor is set to release its weekly report on new jobless claims at 8:30 a.m. * The effective tax rate was a benefit of 96.4% versus an expense of 16.1% in the year to date period of fiscal 2019. ... Investors in Five Below Inc (FIVE) saw new options become available this week, for the January 2022 expiration. Five Below, Inc. Common Stock (FIVE) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. When looking for the best stocks to buy and watch, focus on those with rising relative price strength. Wells Fargo & Company‘s price target points to a potential upside of 15.12% from the company’s previous close. There are over 1,000 stores located across the United States. ... Five Below Inc news and strategies from IG. Tags FIVE Market News. For anyone interested in becoming an Instacart shopper, visit https://shoppers.instacart.com/. On top of these new shopping options, we’re ready to serve our customers safely in 1,000+ stores across the country, as well as online at fivebelow.com, and through our new app.”Customers will have even more access to classic Five Below products like phone chargers, toys, blankets, and candy, and now, new household essentials, and gifts for everyone on their lists. (FIVE) Alert: Johnson Fistel Launches Investigation Into Five Below, Inc.; Investors Suffering Losses Encouraged To Contact Firm By PR Newswire Jan 15, 2020 7:16 AM EST Five Below, a popular store focusing on products for $5 and under, is undergoing a colossal change: Its price point is going up for the first time in 17 years. “We want our customers to be able to shop Five Below in a way that’s most convenient for them. Our performance this quarter demonstrates the inherent flexibility of our model and the agility of our teams to deliver a differentiated shopping experience with incredible value.”Mr. Create an alert to follow the executive moves at Five Below. Announces Fourth Quarter Fiscal 2019 Earnings Release and Conference Call Date Download PDF format download (opens in new window) Jan 13, 2020 Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's revealing his #1 pick for free. 61,374 were here. Announces Third Quarter Fiscal 2020 Earnings Release and Conference Call Date. ET, Subscribe to Premium to view Fair Value for FIVE, Tween and teen brand now offering even more ways for customers to receive hot stuff. React to the latest company news and analysis in-platform, where you need it. A 16-year-old company, Five Below added 125 new locations in 2018. ET, Subscribe to Premium to view Fair Value for FIVE. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has over 1,000 stores in 38 states. Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The benefit from share-based accounting was approximately $0.08 in the year to date period of fiscal 2020 compared to $0.13 in the year to date period of fiscal 2019.Fourth Quarter and Fiscal 2020 Outlook: Given the uncertainty related to COVID-19, the Company will not be providing sales or earnings guidance for the fourth quarter or fiscal 2020. shop fivebelow.com & 1,000+ locations! For more information, visit www.instacart.com. All rights reserved. Five Below, Inc. Five Below, Inc. * The effective tax rate was 13.4% compared to 24.2% in the third quarter of fiscal 2019. With most items priced $1-$5, and some extreme value items priced beyond $5, we make it easy to say YES! For more information, please visit www.fivebelow.com and a store!About Instacart Instacart is the leading online grocery platform in North America. Announces Management Change August 06, 2013 Five Below, Inc. (Nasdaq: FIVE ) today announced that David Johnston, Chief Operating Officer, will be leaving the Company … Recent executive movements at Five Below. Instacart has partnered with more than 500 beloved national, regional and local retailers, including unique brand names, to deliver from nearly 40,000 stores across more than 5,500 cities in North America. 11/11/2020 17:59:16 1-888-992-3836 Free Membership Login. Reuters news feed. In 2017, it reported revenue exceeding $1 billion. Five Below is a value-oriented retailer that operated 900 stores in the United States as of the end of fiscal 2019. All News Headlines and Company Releases. Phoenix Arizona Business News - Breaking Arizona business and real estate news, as well as the latest housing, consumer, tech and finance news and video. * Diluted loss per common share was $0.01 compared to a diluted income per common share of $1.15 in the year to date period of fiscal 2019. Https: //shoppers.instacart.com/ 10.2 million in the third quarter fiscal 2020 Earnings release Conference... Founded in 2002 and headquartered in Philadelphia, PA 19106 Email: Dana.Zuppo fivebelow.comwww.fivebelow.com! Interested in becoming an Instacart Express membership that includes reduced service fees and unlimited free delivery orders... Hitting 80-Plus RS rating still attracting plenty of shoppers to its stores follow five below company news. The third quarter of fiscal 2019 shopper, visit https: //shoppers.instacart.com/ leading online platform! Households and 70 % of Canadian households strategies from IG prior to the latest Five Below stock target. 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