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Five Below posts results beat, CFO exits for personal reasons - MSNFive Below (NASDAQ:FIVE) on Wednesday reported a top and bottom line beat for the first quarter, updated its forecast, and announced the departure of its chief financial officer. Shares of the ...
Five Below CFO exits as Q1 sales jump 20%. ... Chipman’s departure comes as Five Below co-founder Tom Vellios is set to depart the company as executive chairman of the board on Thursday.
Five Below also said it expects second-quarter sales of between $820 million and $826 million, down from a forecast of $830 million to $850 million provided in June.
Five Below shares delivered a total return of -47% since my Hold recommendation was published. Read why I am downgrading FIVE’s stock from Hold to Sell here.
Five Below’s comparable sales for the 10 weeks ended Jul 13, 2024 decreased 5% versus the restated and comparable period ended Jul 15, 2023. Total sales in the said period rose 9.5% year over year.
Five Below's search for a new CEO comes as the company lowered its guidance for the second quarter. Sales are now projected between a range of $820 million to $826 million, with a 6% to 7% ...
Five Below Inc (NASDAQ:FIVE) is undergoing a transition in leadership, with the departure of CFO Kristy Chipman, which may impact financial strategy and execution. Story Continues Q & A Highlights ...
Five Below Chief Financial Officer to Step Down. Published: June 4, 2025 at 4:08 p.m. ET. Share. Resize. By Katherine Hamilton. ... Bull previously served as CFO for more than 10 years.
Five Below (NASDAQ:FIVE) on Wednesday reported a top and bottom line beat for the first quarter, updated its forecast, and announced the departure of its chief financial officer. In Q1, comparable ...
Five Below CFO exits as Q1 sales jump 20% ... Chipman’s departure comes as Five Below co-founder Tom Vellios is set to depart the company as executive chairman of the board on Thursday.
Shares of Five Below Inc. slid after hours Tuesday, after the teen-centered discount retailer said its chief executive had stepped down and that it forecasts further downbeat sales for the second ...
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