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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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May 24, 2026 / Dave DeCamp
Russia Launches Massive Drone and Missile Barrage on Kyiv After Ukrainian Strike Kills 21 at Luhansk College
Russia on Sunday launched a massive drone and missile barrage against the Ukrainian capital of Kyiv, an attack that came after Ukrainian drones hit a college in a Russian-controlled area of the Donbas region on Friday, massacring a group of students. Russia’s TASS news agency reported that the death toll in the Ukrainian attack on […]
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May 3, 2026 / Tyler Durden
Blue Cities Across The US Are Spiraling Into Financial Collapse
Blue Cities Across The US Are Spiraling Into Financial Collapse
Many people are familiar with the "blue state exodus" over the past several years, but are they aware of the blue city business exodus?
It might be one of the biggest economic stories in modern US history, and Democrats are trying to keep it as quiet as possible. There is a blood letting going on in blue cities; a financial disaster in the making. And, like most financial disasters, it will probably be ignored until the house of cards comes crashing...
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Jun 17, 2026 / Tyler Durden
COVID Origins, Lab-Leak Accountability, And The Next Pandemic Threat
COVID Origins, Lab-Leak Accountability, And The Next Pandemic Threat
The Hudson Institute hosted Dr. Steven Quay on Monday afternoon for a discussion on COVID-19 origins, during which he presented genetic evidence from his new book, The Code as Witness, arguing that the virus originated through gain-of-function research in a Chinese lab.
Years later, there has still been no accountability for what Quay argues was a Chinese lab leak that killed more than one million Americans and caused U.S. economic damages in excess of $18 trillion. Nor has there been a unified...
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