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SAN FRANCISCO - Uber Technologies, Inc. (NYSE: UBER) and Five Below, Inc. (NASDAQ: FIVE) have announced a new partnership that brings the retail offerings of Five Below to the Uber Eats platform across the United States. As of today, customers can order a variety of items from over 1,500 Five Below locations via the Uber Eats app and receive their purchases delivered directly to their homes. Five Below, with a market capitalization of $6.73 billion and strong financial health according to InvestingPro analysis, has shown robust revenue growth of 8.91% over the last twelve months.
Five Below, known for its affordable and trendy products for kids, teens, and families, offers a range of items including toys, games, candy, crafts, and electronics. The integration into Uber Eats’ delivery service aims to provide convenience for consumers seeking quick and easy access to these products. The company’s strong business model is reflected in its healthy current ratio of 1.79, indicating solid operational efficiency. InvestingPro data shows the company maintains moderate debt levels while consistently delivering profitability.
Hashim Amin, Head of Grocery & Retail for Uber Eats North America, expressed excitement about the collaboration, stating that it allows for more convenience and value for customers looking for anything from last-minute gifts to snacks for a game night.
The partnership represents a strategic move by Uber Eats to broaden its range of deliverable goods, extending beyond food to include retail and non-food items. This initiative is part of Uber’s broader commitment to assist retailers in establishing digital storefronts and reaching customers more effectively.
To use the service, customers can simply open the Uber Eats app, navigate to the "Retail" category, select their local Five Below store, and then browse and add items to their cart. Uber One members can enjoy added benefits such as no delivery fees on eligible orders. While taxes and fees may apply, the service promises a new level of accessibility to Five Below’s assortment of low-priced products.
Uber, which began as a ride-hailing service in 2010, has since evolved into a platform that facilitates movement of people, food, and goods through urban environments. Five Below, with its origins dating back to 2002, has grown to operate more than 1,800 stores across 44 states, offering a dynamic shopping experience with a focus on value.
This news is based on a press release statement from Uber Technologies, Inc. and Five Below, Inc. With 8 analysts recently revising earnings upward and a strong return over the last three months, Five Below shows promising momentum. For deeper insights into Five Below’s financial health and growth prospects, including exclusive ProTips and comprehensive analysis, visit InvestingPro, where you’ll find detailed research reports and expert recommendations.
In other recent news, Five Below reported strong first-quarter earnings, with an earnings per share (EPS) of $0.86, surpassing several estimates. The company also achieved a comparable sales increase of 7.1%, exceeding projections. In response to these results, several analysts have adjusted their price targets for Five Below. Mizuho raised its target to $115, Citi to $135, Jefferies to $155, Telsey to $128, and BofA Securities to $93, each maintaining their respective ratings. The company’s strategic move to reduce reliance on China for sourcing and improve product assortment has contributed to its positive performance. Despite the positive momentum, Five Below remains cautious about the second half of 2025 due to tariff pressures and other macroeconomic factors. Management has revised fiscal 2025 guidance, expecting sales between $4.3 billion and $4.4 billion, with comparable sales growth of 3% to 5%. Additionally, the company announced a transition in its Chief Financial Officer position, with Ken Bull stepping in as interim CFO.
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