Five Below's "True Magic" ✨

And, Solana Futures ETFs launch.

March 20, 2025

Source: Five Below / Facebook

Today is Thursday, March 20, 2025.

The Early Bird Index today is 70.28

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Five Below's "True Magic" ✨

Shares of Five Below $FIVE ( ▼ 0.74% ) surged 12.58% in after-hours trading on Wednesday after the specialty discount store posted its financial earnings results.

Financials: Five Below reported earnings of $3.48 per share in the past quarter, which was better than expected. It also reported revenue of $1.39 billion, which was in-line.

Details: Net sales grew 7.8% in the past quarter. Despite tariff fears, Five Below is bullish on 2025 and plans to open 150 new stores.

Quote: “Our focus on affordability and value is not just a strategy; it’s a promise to our customers that Five Below is a place where they can and joy and excitement at WOW prices. This is the true magic of Five Below.” - CEO Winnie Park.

Early Bird’s Nest Egg Gains: Five Below is well-positioned to thrive in an environment of inflation and tariffs.

  • As a discount retailer offering products between $1 and $5, Five Below appeals to price-conscious consumers seeking affordable options during inflationary periods.

  • The company’s focus on its supply chain can help it maintain profitability in a challenging economic environment.

Final Thoughts: This might be a potential comeback for Five Below. The stock is down 63% in the past 12 months.

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Notables

Notable Earnings Today: FedEx (NYSE: FDX), Lenar (NYSE: LEN), NIKE (NYSE: NKE), Micron (Nasdaq: MU), Jabil (NYSE: JBL), Academy Sports + Outdoors (Nasdaq: ASO), Darden Restaurants (NYSE: DRI), Luminar Technologies (Nasdaq: LAZR), Designer Brands (NYSE: DBI), Commercial Metals (NYSE: CMC), KinderCare Learning Companies (NYSE: KLC), Caleres (NYSE: CAL), ZEEKR Intelligent (NYSE: ZK), Torrid (NYSE: CURV), Accenture (NYSE: ACN), Adaptimmune Therapeutics (Nasdaq: ADAP), Amprius (NYSE: AMPX), Cibus (Nasdaq: CBUS), FactSet (NYSE: FDS), Gambling.com Group (Nasdaq: GMB), Lands’ End (Nasdaq: LE), PDD Holdings (Nasdaq: PDD), Planet Labs (NYSE: PLT), Shoe Carnival (Nasdaq: SCVL).

Notable IPOs Today: RedCloud Holdings plc Ordinary Shares (Nasdaq: RCT), FATPIPE, INC. Common Stock (Nasdaq: FATN).

Notable Equity Crowdfunding Campaigns Ending Today: Son Fish Sauce (Wefunder), Hook Hand Rum (Netcapital), Smart Soda (Republic), The Axe Parlor (Honeycomb).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Philadelphia Fed Manufacturing Index (8:30 a.m. ET), Philly Fed Employment (8:30 a.m. ET), Existing Home Sales (10:00 a.m. ET), U.S. Leading Indicators (10:00 a.m. ET), Fed's Balance Sheet (4:30 p.m. ET).

Solana Futures ETFs Launch

The price of the cryptocurrency Solana $SOL.X ( ▲ 4.51% ) jumped about 7% on Wednesday thanks to new Solana investment products launching.

Details: Volatility Shares will launch the first Solana Futures ETFs (exchange-traded funds) today. While not the same as a spot ETF, which directly owns the crypto, a futures ETF tracks long-term prices. 

Final Thoughts: We’re one step closer to having a spot Solana ETF someday.

Microchip's Latest Offering

Microchip Technology $MCHP ( ▲ 0.83% ) fell 2.29% in after-hours trading on Wednesday after the semiconductor company posted a new offering of shares.

Final Thoughts: The stock is down 4% this year.

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.