Why Five Below Stock Was Falling Today
Five Below(FIVE) The Motley Fool·2024-03-21 17:18
Shares of Five Below (FIVE -15.61%) were heading lower after the discount retailer posted disappointing results in its fourth-quarter earnings report, missing estimates on the bottom line. As a result, the stock was down 14.3% as of 11:38 a.m. ET.Five Below can't keep up with expectationsThe company, which sells toys, games, clothes, and other products for $5 or less typically in mall and shopping center settings, delivered decent results in the quarter, but they couldn't keep up with expectations. Revenue ...