Five Below Earnings: Analysts Predict 15% Revenue Growth

Five Below gears up for earnings announcement, predicted to grow by 15.3% year over year, reaching $973M. Analysts forecast adjusted earnings of 24 cents per share. Despite missing revenue forecasts twice in the last two years, Five Belows stock has seen a 2.3% increase over the last month. Other discount retailers like Ross Stores and TJX reported positive results, boosting their stock prices. The discount retail sector has seen a 5.2% average stock price increase over the last month.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.