Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Five Below Inc (NASDAQ: FIVE) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Five Below Inc (NASDAQ: FIVE) concerning whether a series of statements by Five Below Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 13, 2020, the Company announced sales guidance for the 2019 fiscal fourth quarter. The Company expects to report sales of $685 million to $688 million with comparable-store sales declining 2% to 2.5%. Just earlier in December 2019, Five Below had estimated sales to come in at $717 million to $732 million with comparable sales up 2% to 3%.

On this news, NASDAQ: FIVE fell 11.4% on January 13, 2020.

Based in Philadelphia, Pennsylvania, and founded in 2002 Five Below Inc operates as a specialty value retailer in the United States.

If you purchased shares of Five Below Inc (NASDAQ: FIVE) on or before January 13, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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