|Bid||73.51 x 800|
|Ask||73.53 x 1000|
|Day's range||70.10 - 74.19|
|52-week range||69.24 - 127.58|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||16.40|
|Forward dividend & yield||1.24 (1.74%)|
|Ex-dividend date||06 Jun 2022|
|1y target est||N/A|
Five Below (NASDAQ: FIVE), Ross Stores (NASDAQ: ROST), and The Container Store (NYSE: TCS) fell 12%, 9%, and 16%, respectively, through Thursday trading compared to a 3.2% decline in the wider S&P 500, according to data provided by S&P Global Market Intelligence. The drops added to big declines for these stocks, which are all down by more than 35% so far in 2022. It came as investors began to worry more about rising inventory risks ahead of a potential downturn in consumer spending. Smaller specialty retailers like Five Below might be more exposed to these margin pressures that are coming from supply chain challenges and generally rising prices.
Concerns over high inflation and slowing economic growth have caused the Nasdaq Composite to plummet nearly 30% year to date. Down 36% so far this year, the off-price retailer Ross Stores (NASDAQ: ROST) has been hit especially hard. When Ross Stores reported its earnings results for the first quarter on May 19, the company missed both analysts' sales and diluted earnings per share (EPS) expectations.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...