- 12-Week # shares sold: 4,000
- 24-Week # shares sold: 10,000
Alden Global reduced its stake in Pier 1 to 4.3%, noting a combination of factors.
Traffic to the company's stores will remain challenged due to a competitive retail environment, analysts said.
Five Below's holiday sales results may be underwhelming, but the retailer remains a solid long-term growth story.