Five Below has had a rough year so far. Here's why

"It's been one of the success stories of U.S. retail over the past five or so years," said Neil Saunders, managing director of GlobalData Retail. Despite an impressive few years of growth, things have taken a turn for the worse in 2024. The company's share price fell to a 52-week low in the first week of June as the company grapples with mounting shrink, or inventory losses from various sources; inflationary pressure; and overseas competition. Watch the video to find out why Wall Street is still bullish on ...