|Bid||1.65 x 100|
|Ask||2.59 x 300|
|Day's range||2.15 - 2.25|
|52-week range||1.30 - 7.63|
|PE ratio (TTM)||N/A|
|Earnings date||4 Sep 2018 - 10 Sep 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.00|
Hedge funds and private equity firms have swooped in to replace traditional media management companies, prompting fears these owners' profit-first management styles have damaged their civic duty.
On a per-share basis, the Memphis, Tennessee-based company said it had a loss of 60 cents. Losses, adjusted to account for discontinued operations, came to 54 cents per share. The discount retailer posted ...
As of June 7, Five Below (FIVE) stock has risen an impressive 49.4% YTD (year-to-date). After it announced its fiscal first-quarter results on June 6, the stock rose 21.9% on June 7. The company reported robust quarterly performance, driven by new store openings, expense leverage, and a lower tax rate.
Law Offices of Howard G. Smith continues its investigation on behalf of Fred’s Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
Analysts expect the company’s gross margin to expand by 80 basis points to 32.5%. The company’s gross margin was flat at 41.1% for the fourth quarter of fiscal 2017 because higher incentive compensation costs nullified a positive impact from occupancy expense leverage. For fiscal 2018, the company projects a negative impact of 50 basis points to its operating margin due to ongoing investments in growth initiatives.
Wall Street expects the company’s sales to grow 25.2% to $291.4 million, marking a significant improvement over the 20.8% growth a year before. Sales are likely to sustain their momentum, given the new store openings. Five Below is one of the retailers bucking the industry trend of store closures.
As of May 29, Five Below’s (FIVE) stock price is up 6.6% on a YTD (year-to-date) basis. In comparison, as of May 29, Dollar General (DG) is up 3.5%. Dollar Tree (DLTR), Fred’s (FRED), and Big Lots (BIG) are down 11.6%, 61.7%, and 26.1%, respectively, on a YTD basis.
Ahead of its upcoming first-quarter, the majority of analysts covering Five Below (FIVE) have maintained a “buy” rating on the stock. As of May 29, of the 17 analysts covering the stock, 65% recommended a “buy” while the remaining recommended a “hold.” Five Below is scheduled to report its first-quarter earnings on June 6.
On May 7, Fred’s (FRED) said that CVS Health (CVS) has agreed to purchase some of the assets of its specialty pharmacy business, EntrustRx, for $40 million. Fred’s has been looking to turn around its financials by reducing debt and generating positive earnings and free cash flow. CVS is among leading US providers of specialty pharmacy services.
The Memphis, Tennessee-based company said it had a loss of 88 cents per share. Losses, adjusted to account for discontinued operations, came to 62 cents per share. The discount retailer posted revenue ...
Glancy Prongay & Murray LLP announces that it has commenced an investigation on behalf of Fred’s Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
Law Offices of Howard G. Smith announces an investigation on behalf of Fred’s Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
Fred's (FRED) has rescheduled its earnings announcement date.This is solely connected to Fred's plans to divest its specialty pharmacy business.
Five Below (FIVE) is a retail sector stock that investors may want to keep an eye on. The company’s stock has generated YTD (year-to-date) returns of 13.4% as of April 13, 2018. The stock rose ~66% in 2017. Ever since going public in July 2012 at the IPO price of $17, the company has generated a return of 342.6%.
Fred's (FRED) has been reeling under soft comparable store sales for quite some time now. Let's see if Fred???s strategic initiatives can provide any respite in Q4.