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Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending
Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending
Five Below's core customer base is tweens, teens, and value-conscious households. That makes management's warning on Wednesday's earnings call particularly notable: the retailer is directly exposed to trends in low-end discretionary spending.
"We're looking at the world that our customers are living in: with rising fuel costs, with very sticky inflation, with a somewhat—soft labor market. And we think a piece of that pain that they are feeling wasn't felt in the first quarter purely because...
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Feb 14, 2026 / Tyler Durden
Iran Regime Change Would Be 'Best Thing', Trump Signals
Iran Regime Change Would Be 'Best Thing', Trump Signals
President Donald Trump continues to signal that he wants to see government overthrow in Iran, having told reporters Friday that regime change in Iran "would be the best thing that could happen" - at a moment he's also confirmed a second carrier group has been dispatched to the region.
Speaking to reporters after visiting troops at Ft. Bragg, North Carolina, Trump doubled down just hours after confirming he is sending the second carrier strike group from where it was operating in the...
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Aug 5, 2026 / Tyler Durden
FAFO: Democrat Candidate Threatening Beachgoers Gets Knocked Out Cold On Beach
FAFO: Democrat Candidate Threatening Beachgoers Gets Knocked Out Cold On Beach
A Democrat hopeful gunning for a seat in Congress is sitting behind bars on $1 million bail after police described a chaotic beachside confrontation on Maui that involved a knife, repeated threats, and the candidate left unconscious in the sand.
Kirill Basin, the 40-year-old primary challenger to Rep. Jill Tokuda in Hawaii's 2nd Congressional District, faces two counts of first-degree terroristic threatening stemming from the Aug. 1 incident at Keawakapu Beach in South Kihei.
It started with a request to turn...
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May 12, 2026 / Tyler Durden
HIMS Shares Plunge As Pivot To Branded GLP-1s Weighs On Outlook
HIMS Shares Plunge As Pivot To Branded GLP-1s Weighs On Outlook
Hims & Hers shares tumbled in premarket trading in New York, the most in three months, after the company posted a first-quarter loss and revenue that missed analyst estimates tracked by Bloomberg, as costs rose amid a massive pivot from selling copycat GLP-1 drugs toward branded obesity drugs from Novo Nordisk and Eli Lilly.
Revenue for the first quarter came in at $608 million versus the $617.5 million Bloomberg Consensus estimate, while the telehealth firm swung to a loss of...
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