3 Must-Know Facts About Five Below Before You Buy the Stock
Five Below (FIVE -0.77%) just posted its fiscal 2024 first-quarter financial results, and the market was not happy with the report. Revenue and earnings per share came in at $812 million and $0.57, respectively. However, both of these headline figures missed Wall Street estimates. Clear growth strategy But the momentum isn't coming to an end anytime soon. The leadership team wants to have 3,500 stores open by 2030. That implies a more than twofold increase from the size of the current footprint. There is me ...