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Stock impact report

Why Five Below Inc. Stock Gained 11.7% in September [The Motley Fool]

Five Below, Inc. (FIVE) 
Last five below, inc. earnings: 3/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fivebelow.com/investor-relations
Company Research Source: The Motley Fool
This retailer has a magic touch with teenagers. What happened Shares of Five Below ( NASDAQ:FIVE ) popped last month following a solid earnings report that saw net sales surge 23%. Even better was the 50% growth in earnings per share, which beat expectations. Investors cheered the news, sending the shares up 11.7% for the month, according to data provided by S&P Global Market Intelligence . FIVE data by YCharts. So what The company's strategy of selling merchandise priced at $5 or less to teenagers has proven very resilient  against cutthroat competition. The store has been on fire over the last few years as it grew sales 24% annually between fiscal 2015 and 2017 despite sluggish traffic throughout the industry.  Speaking about the second quarter, CEO Joel Anderson said, We saw broad-based strength across our worlds as our high-quality, trend-right products at incredible values continued to resonate with customers.  Image source: Getty I Show less Read more
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