initial public offerings (IPOs) trading on American exchanges
Showing posts with label Five Below (FIVE). Show all posts
Showing posts with label Five Below (FIVE). Show all posts

Wednesday, September 2, 2015

Five Below (FIVE) reported earnings on Wed 2 Sepember 2015 a/h

** charts before earnings **



** after earnings **
Five Below Inc. FIVE, -8.50% said Wednesday it earned $7.1 million, or 13 cents a share, in the fiscal second quarter, compared with 15 cents a share a year ago. Revenue rose 19.5% to $182.2 million in the quarter, while comparable-store sales rose 3%. The company opened 32 new stores in the quarter to end it with 417 stores, or 18% more than a year ago. Analysts polled by FactSet had expected the teen-oriented retailer to report earnings of 13 cents a share on sales of $185 million. Shares of Five Below dropped as much as 12% in after-hours trading after ending the regular session up 1.4%.

Saturday, February 23, 2013

Best and worst IPOs of 2012 : Five Below (FIVE) +119%; Facebook (FB) -26.3%

+119% return; Best out of 101 U.S. IPOs in 2012 with an offer size of at least $100 million.

The retailer Five Below (FIVE) sells candy, stationery and beauty products aimed at teenagers, with products priced at $5 or less. The company, which held its initial public offering in July, is growing sales at a rate of 47 percent per year.

Facebook (FB):  -26.3% The social network Facebook (FB) plunged as much as 53 percent after its $16 billion debut in May. The stock rallied after third-quarter sales rose 32 percent, beating analysts' estimates.


Monday, September 10, 2012

Five Below Q2 profit falls 44% on debt expenses; drops 7% after hours

Five Below Inc.'s (FIVE) fiscal second-quarter profit fell 44% as the teen discount retailer logged heavy debt-related expenses, masking an increase in sales.
** pre-earnings charts **
 ** weekly **
Shares fell 7.6% in after-hours trading to $32.16. Through the close, the stock had more than doubled from its July initial offering price of $17.
Targeting teen and pre-teen shoppers, Five Below offers everything from headphones to nail polish, priced at $5 or less. The company's quickly revolving merchandise is intended to draw in repeat customers, helping it book 25 straight quarters of same-store sales growth.
The latest quarter included a loss of $1.59 million on the extinguishment of debt. Interest expense reached $1.32 million, up from $5000 a year ago. The interest expenses were related to a term loan of $100 million taken in the second quarter, of which $65.3 million was repaid after the company's public launch.
For the quarter ended July 28, the company posted a profit of $1.25 million, down from $2.21 million a year earlier. On a per-share basis, which includes the effects of dividend payments, the company reported a loss of $3.41, compared with a year-ago loss of 10 cents. Excluding dividend payments and expenses related to founders' stock compensation, per-share earnings were flat at four cents.
Sales increased 40% to $86.8 million.
Analysts polled by Thomson Reuters expected a per-share profit of a penny on sales of $82 million.
Gross margin widened to 33.1% from 32.3%.
Same-store sales grew 8.6%.
Five Below opened 27 stores in the second quarter, ending with 226 stores.
For the current quarter, the company expects to report per-share income of breakeven to a penny, excluding tax-related expenses, on revenue of $79 million to $81 million. Analysts polled by Thomson Reuters recently expected per-share earnings of breakeven on revenue of $80 million.
For the year, Five Below expects adjusted per-share earnings of 45 cents to 47 cents, with sales of $402 million to $407 million. The Street expected per-share earnings of 44 cents on revenue of $399 million.

Thursday, June 28, 2012

Five Below (FIVE) started trading on the NASDAQ on 19 July 2012

Five Below Inc. (FIVE), a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at teen and pre-teen customers, visited the NASDAQ MarketSite in Times Square to celebrate its initial public offering, occurring today, July 19, on The NASDAQ Stock Market.In honor of the occasion, David Schlessinger, Executive Chairman & Co-founder and Tom Vellios, CEO & Co-founder rang the Opening Bell.





Five Below CEO Joel Anderson.