Friday, September 7, 2018

Five Below Earnings Bring Extra Oomph In Q2 After Soggy Q1

Investor's Business Daily
Five Below  — which sells $5 headphones, fake slime, room supplies and other items targeted toward teens and tweens — reported a surprise Q2 same-store sales gain and top and bottom-line results that beat estimates. The company also raised its full-year guidance.

Net sales rose 23% to $347.7 million. Same-store sales rose 2.7%. . . . more

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