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Five Below said Tuesday that its CEO and President Joel Anderson has stepped down amid languishing sales at the discount retailer catering to teens. The Philadelphia-based company, which has been ...
Five Below, Inc. is an American chain of specialty discount stores that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $25. [5] Founded in 2002 by Tom Vellios and David Schlessinger and headquartered in Philadelphia , Pennsylvania, the chain is aimed at tweens and teens. [ 3 ]
Shares of discount retail chain Five Below (NASDAQ: FIVE) jumped on Thursday after the company announced financial results for the third quarter of 2024 and named a new CEO. As of 10 a.m. ET, Five ...
Five Below (NASDAQ: FIVE) Q3 2024 Earnings Call Dec 04, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. ... I want to say how excited we are to announce Winnie Park as our new CEO. The breadth of ...
On Wednesday afternoon, Five Below introduced Winnie Park as its new CEO. Park was CEO at Forever 21 for nearly three years before jumping to Five Below. She was CEO at Paper Source before that.
CEO [11] 2011 Replaced Steve Jobs: 2018-10-01 Arcelor Mittal: Aditya Mittal: CEO [12] 2006 Owner of Queens Park Rangers F.C. 2018-10-01 AT&T: John Stankey: CEO [13] 2020 Former CEO of WarnerMedia: 2020-11-19 BAE Systems: Charles Woodburn: Chief Executive Officer [14] 2008 Succeeded Ian King: 2018-10-01 Bajaj Allianz General Insurance: Tapan ...
FIVE PE Ratio data by YCharts. Hiring an experienced CEO could help restore confidence in Five Below as an investment, helping its valuation. Assuming it grows its profits at a double-digit rate ...
Strong Q3 earnings, new CEO. Five Below's Q3 headline numbers were strong. Revenue grew 14.6% year over year to $843.7 million, with comparable-store sales growth of 0.6%. Less than 1% same-store ...