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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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Oct 27, 2026 / Tyler Durden
Chicago Man Who Staged Fake Armed Robberies For $30K Gets Two Years After Botched Job Turns Deadly
Chicago Man Who Staged Fake Armed Robberies For $30K Gets Two Years After Botched Job Turns Deadly
A federal judge in Chicago sentenced Parth Nayi, 29, of Woodridge, to two years in prison and a $50,000 fine on Thursday for organizing staged armed robberies so the people "robbed" could apply for 'U visas' (which are reserved for crime victims who help police), according to the DOJ. Nayi pleaded guilty to one count of conspiracy to commit visa fraud.
ucktown Food & Liquor, 1950 North Milwaukee, was the site of one robbery,...
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Mar 31, 2026 / Tyler Durden
Solar Stocks Surge As Energy Shock Revives Renewables Trade
Solar Stocks Surge As Energy Shock Revives Renewables Trade
Goldman analyst Adam Wijaya asked clients whether this year's surge in SolarEdge, Enphase Energy, and other solar stocks is reviving a familiar trade: higher crude oil and natural gas prices in Europe and globally, strengthening the case for renewables as the energy shock sparks a return to coal switching.
"Are we back to running the 2022 playbook?" Wijaya asked in a note published Monday.
Wijaya said, "Certainly seems that way based on recent px action in residential solar."
"SEDG is +79% YTD vs ENPH...
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Nov 6, 2026 / Tyler Durden
After Weeks Of Riots, France's Thursday General Strike Forces Macron's PM To Blink
After Weeks Of Riots, France's Thursday General Strike Forces Macron's PM To Blink
France's nationwide strike put 575,000 people in the streets on Thursday by the Interior Ministry's count, topping the 550,000 it counted on Oct. 17, when protests in several cities turned into riots and looting. France's major labor union, the CGT, claimed close to 1.6 million, France 24 reports. After the marches, Prime Minister Sébastien Lecornu called unions and employers to Matignon on Monday for talks on wages and the cost of living.
French police clash with protesters in...
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