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The Street Debates Whether Five Below's Stock Is A Bargain
Wednesday, June 10, 2020 - 1:05pm | 736Value retailer Five Below Inc (NASDAQ: FIVE) reported first-quarter results Tuesday that were highlighted by a 52% decline in comps and a wider-than-expected loss of 91 cents per share due to the COVID-19 pandemic. Yet some Street analysts remain bullish on the stock on the basis of an encouraging...
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Street Is Bullish On Five Below After Q3 Sales Beat
Thursday, December 5, 2019 - 2:00pm | 521Five Below Inc (NASDAQ: FIVE) shares are sharply higher after reporting a third-quarter sales beat on Wednesday. Five Below reported quarterly earnings of 17 cents per share, which met the analyst consensus estimate. The company reported quarterly sales of $377.4 million, which beat the analyst...
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3 Retail Ideas For 2019's Back-To-School Season
Monday, August 12, 2019 - 4:18pm | 777Parents stocking up on back-to-school items might also want to pick up a few back-to-school stocks. Bank of America Merrill Lynch on Monday had an upbeat take on three retailers where parents are likely to be looking for start-of-school buys. Five Below Inc (NASDAQ: FIVE) As a discount...
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The Street's Reaction To Five Below's Earnings, Tariff Commentary
Thursday, June 6, 2019 - 11:10am | 614Five Below Inc (NASDAQ: FIVE), a retailer that sells all products in store for $5 or less, reported fiscal first-quarter results and a plan to help mitigate any impact from tariffs. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank of America...
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Abercrombie & Fitch In Free Fall After Q1 Print, Bull Analysts Nowhere To Be Seen
Thursday, May 30, 2019 - 3:34pm | 627Shares of Abercrombie & Fitch Co. (NYSE: ANF) have dropped nearly 50 percent over the past month. The retailer reported a first quarter earnings and sales beat Wednesday, but issued weak second-quarter guidance. The stock was down 4.79 percent at the time of publication Thursday. ...
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Analyst Lowers Tilly's Price Target But Sticks With Bullish Rating
Thursday, May 30, 2019 - 10:08am | 327Shares of Tilly's Inc (NYSE: TLYS) tumbled after the casual apparel, footwear and accessories company disappointed investors in its fiscal first-quarter earnings report, but Bank of America remains a bull ahead of sales and earnings acceleration in the back half of the year. The Analyst Bank of...
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BofA: Five Below Has Upside To $150
Monday, April 15, 2019 - 12:05pm | 426A value retailer that sells items for $5 or less, Five Below Inc (NASDAQ: FIVE) is expected to continue impressing the Street as the company succeeds in finding new ways to generate comp and earnings growth, according to Bank of America Merrill Lynch. The Analyst David Buckley initiated...
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American Eagle's Mixed Quarter: Analysts Speak Up
Thursday, March 7, 2019 - 11:21am | 526American Eagle Outfitters (NYSE: AEO) reported better-than-expected fourth-quarter earnings, but the stock fell after fourth-quarter revenue and first-quarter profit guidance missing consensus expectations. Fourth-quarter earnings of 43 cents per share were down 17.3 percent from a year ago,...
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Bank of America Analyst Says American Eagle Comps Have Peaked
Thursday, November 1, 2018 - 2:46pm | 368American Eagle Outfitters (NYSE: AEO) shares were trading down Thursday after Bank of America Merrill Lynch turned bearish on the apparel retailer. The Analyst Bank of America analyst David Buckley downgraded American Eagle from Neutral to Underperform rating and lowered the price target from $27...
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Cowen Says Childrens Place Is 'The Place to Be' For Shoppers And Investors
Thursday, March 1, 2018 - 2:53pm | 360Childrens Place Inc (NASDAQ: PLCE), a retailer that specializes in children's apparel, is considered to be "the place to be" for both shoppers and investors, according to Cowen. The Analyst Cowen's David Buckley initiated coverage of The Childrens' Place stock with an...