Wal-Mart, Five Below, Dollar Tree among winners heading into final holiday shopping days [MarketWatch]
Five Below, Inc. (FIVE)
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Source: MarketWatch
Wal-Mart, Five Below, Dollar Tree among winners heading into final holiday shopping days Heading into the final days of the holiday shopping season, MKM Partners analyst Patrick McKeever strikes a cheerful note for both traditional and e-commerce retailers, with Wal-Mart Stores Inc., Five Below Inc. and Dollar Tree Inc. among the traffic winners in recent pre-Christmas checks. “Following a generally better-than-expected Q3 2017 for retail, the tone going into the final holiday stretch seems fairly upbeat and consistent with, or a bit better, than some industry forecasts, including the NRF’s call for 3.6%-to-4.0% growth over last year,” he wrote in a Friday note. The National Retail Federation announced its forecast in October , anticipating a total of $678.8 billion to $682.0 billion in sales for the November-to-December period. “And while sales continue to shift online at an accelerated pace – e-commerce is growing mid-to-high-teens – the buoyant economy appears to be lifting traditi
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News
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- Five Below, Inc. (NASDAQ: FIVE) was upgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating. They now have a $180.00 price target on the stock.MarketBeat
- Five Below is downgraded at J.P. Morgan on consumer discretionary spending worries [Seeking Alpha]Seeking Alpha
- Five Below, Inc. (NASDAQ: FIVE) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $170.00 price target on the stock.MarketBeat
FIVE
Earnings
- 3/20/24 - Miss
FIVE
Sec Filings
- 3/28/24 - Form 4
- 3/25/24 - Form 4
- 3/25/24 - Form 4
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