PHILADELPHIA, PA — Philadelphia-based value retailer Five Below, Inc. (NASDAQ: FIVE) is set to release its financial results for the fourth quarter and full year of fiscal 2023 after the market closes on Wednesday, March 20, 2024. The company will subsequently host a conference call at 4:30 p.m. Eastern Time to discuss the results.
The announcement is eagerly anticipated by investors and analysts, who are keen to assess the company’s performance over the past fiscal year. Those interested in participating in the call have been asked to dial in around 10 minutes prior to the start time.
A live audio webcast of the conference call will also be available online, with a replay being made accessible shortly after the call concludes.
Five Below has carved a niche for itself as a high-growth value retailer, appealing primarily to tweens and teens with its budget-friendly, trend-right offerings. With the majority of its products priced between $1 and $5, the company has positioned itself as a go-to destination for affordable style, room decor, sports equipment, tech gadgets, creative supplies, party essentials, and candy.
In addition to its core $1 to $5 range, the company has also ventured into higher price points with its Five Beyond Shop, which offers extreme value items priced above $5.
Founded in 2002, Five Below operates nearly 1,600 stores across 43 states. Its commitment to providing an “amazing experience filled with unlimited possibilities” has resonated with customers, contributing to its robust growth in the competitive retail sector.
The upcoming financial results will provide further insights into the company’s performance and strategic direction, shedding light on how it is navigating the evolving retail landscape. As such, the announcement represents a key moment for Five Below and its stakeholders.
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