Five Below Slides After Profit Beat as Retailer Flags Consumer Hit Over Oil High Prices
Shares of Five Below Inc. tumbled on Wednesday after the discount retailer beat first-quarter earnings expectations and raised its full-year profit guidance but signaled caution over the consumer in the...
By Rachel Phua · Bloomberg Markets
Shares of Five Below Inc. tumbled on Wednesday after the discount retailer beat first-quarter earnings expectations and raised its full-year profit guidance but signaled caution over the consumer in the months ahead.