Analysts call Five Below one the success stories of U.S. retail. It has continuously added new stores and generated strong revenue growth. However, as of late, the discretionary discount store’s volatility has been exposed. The company missed Wall Street expectations on revenue and same-store sales in the fourth quarter of 2023 and first quarter of 2024, sending the stock price plummeting to its 52-week low in the first week of June. But some analysts are still bullish. Watch the video to learn more about Five Below.
Correction (June 11, 2024):
0:56 We misstate the year Five Below aims to triple its store count. It should be 2030.
Chapters:
0:00 Introduction
1:35 Chapter 1 – Growth
5:40 Chapter 2 – Threats
7:50 Chapter 3 – Looking ahead