Five Below falls after CFO Chipman steps down

ReutersJun 4, 2025 8:18 PM

Shares of discount chain Five Below FIVE.O fall 1.5% to $119.9 in extended trade

CFO Kristy Chipman to step down due to personal reasons, Chief Operating Officer Ken Bull to take on the role in the interim

FIVE posts Q1 net sales increase of 19.5% to $970.5 million from last year, above estimates of $966.5 million, according to data compiled by LSEG

For Q2, FIVE sees net sales in the range of $975 million to $995 million, above an estimate of $958.3 million

FIVE expects fiscal 2025 net sales between $4.33 billion and $4.42 billion, compared to estimates of $4.37 billion

FIVE has risen 15.5% YTD

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