Analysts call Five Below one the success stories of U.S. retail. It has continuously added new stores and generated strong revenue growth. However, as of late, the discretionary discount store's volatility has been exposed. The company missed Wall Street expectations on revenue and same-store sales in the fourth quarter of 2023 and first quarter of 2024, sending the stock price plummeting to its 52-week low in the first week of June. But some analysts are still bullish. Watch the video to learn more about Five Below. Chapters: 0:00 Introduction 1:35 Chapter 1 - Growth 5:40 Chapter 2 - Threats 7:50 Chapter 3 - Looking ahead Produced by: Ryan Baker Edited by: Evan Lee Miller, Darren Geeter Animation: Christina Locopo, Jason Reginato Senior Managing Producer: Tala Hadavi Editorial Support by: Gabrielle Fonrouge Animation: Jason Reginato, Christina Locopo Additional Footage: Dollar General, Getty Images, Walmart » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today a |
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