Five Below, Inc. Announces Fourth Quarter and Full Year Fiscal 2024 Earnings Release and Conference Call Date
March 05 2025 - 4:01PM
Five Below, Inc. (NASDAQ: FIVE), the trend-right, high-quality,
extreme-value retailer for tweens, teens and beyond, today
announced that its financial results for the fourth quarter and
full year of fiscal 2024 will be released after market close on
Wednesday, March 19, 2025. The company will host a conference call
at 4:30 p.m. Eastern Time to discuss the financial results.
A live audio webcast of the conference call will be
available online at investor.fivebelow.com, where a replay will be
available shortly after conclusion of the call. Investors and
analysts interested in participating in the call are invited to
dial 412-902-6753 approximately 10 minutes prior to the start of
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, store count
potential and other financial and operating information. 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. The
Company cannot assure investors that future developments affecting
the Company will be those that it has anticipated. Actual results
may differ materially from these expectations due to risks related
to disruption to the global supply chain, risks related to the
Company's strategy and expansion plans, risks related to our
ability to attract, retain, and integrate qualified executive
talent, risks related to disruptions in our information technology
systems and our ability to maintain and upgrade those systems,
risks related to the inability to successfully implement our online
retail operations, risks related to cyberattacks or other cyber
incidents, risks related to increased usage of machine learning and
other types of artificial intelligence in our business, and
challenges with properly managing its use; risks related to our
ability to select, obtain, distribute and market merchandise
profitably, risks related to our reliance on merchandise
manufactured outside of the United States, the availability of
suitable new store locations and the dependence on the volume of
traffic to our stores, risks related to changes in consumer
preferences and economic conditions, risks related to increased
operating costs, including wage rates, risks related to inflation
and increasing commodity prices, risks related to potential
systematic failure of the banking system in the United States or
globally, risks related to extreme weather, pandemic outbreaks,
global political events, war, terrorism or civil unrest (including
any resulting store closures, damage, or loss of inventory), risks
related to leasing, owning or building distribution centers, risks
related to our ability to successfully manage inventory balance and
inventory shrinkage, quality or safety concerns about the Company's
merchandise, increased competition from other retailers including
online retailers, risks related to the seasonality of our business,
risks related to our ability to protect our brand name and other
intellectual property, risks related to customers' payment methods,
risks related to domestic and foreign trade restrictions including
duties and tariffs affecting our domestic and foreign suppliers and
increasing our costs, including, among others, the direct and
indirect impact of current and potential tariffs imposed and
proposed by the United States on foreign imports, risks associated
with the restrictions imposed by our indebtedness on our current
and future operations, the impact of changes in tax legislation and
accounting standards and risks associated with leasing substantial
amounts of space. For further details and a discussion of these
risks and uncertainties, see the Company's periodic reports,
including the annual report on Form 10-K, quarterly reports on Form
10-Q and current reports on Form 8-K, filed with or furnished to
the Securities and Exchange Commission and available at
www.sec.gov. If one or more of these risks or uncertainties
materialize, or if any of the Company's assumptions prove
incorrect, the Company's actual results may vary in material
respects from those projected in these forward-looking statements.
Any forward-looking statement made by the Company in this news
release speaks only as of the date on which the Company makes it.
Factors or events that could cause the Company's actual results to
differ may emerge from time to time, and it is not possible for the
Company to predict all of them. 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. We believe
life is better when customers are free to "let go & have fun"
in an amazing experience filled with unlimited possibilities. With
most items priced between $1 and $5 and some extreme value items
priced beyond $5, Five Below makes it easy to say YES! to the
newest, coolest stuff across eight awesome Five Below worlds:
Style, Room, Sports, Tech, Create, Party, Candy, and New & Now.
Founded in 2002 and headquartered in Philadelphia, Pennsylvania,
Five Below today has approximately 1,800 stores in 44 states. For
more information, please visit www.fivebelow.com or find Five Below
on Instagram, TikTok, and Facebook @FiveBelow.
Investor Contact: Five Below,
Inc.Christiane PelzVice President, Investor Relations
215-207-2658InvestorRelations@fivebelow.com
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