Why Five Below Stock Was Going Below Today

The discount retailer posted disappointing results in it first-quarter earnings report. Shares of Five Below (FIVE -12.19%) were falling today after the discount retailer posted disappointing results in its first-quarter earnings report. As a result, the stock was down 12.8% as of 12:07 p.m. ET. The consumer slowdown hits Five Below Five Below, which specializes in selling cheap merchandise like games, toys, fashion accessories, and candy, said that revenue rose 11.9% to $811.9 million, but that was well be ...