Five Below Has Some Big Questions to Answer for Investors This Week
Investors' attitudes about Five Below (NASDAQ: FIVE) have improved sharply in the last few months. While the stock is still trailing the market in 2020, its losses are much improved from the 60% declines Wall Street saw in mid-March.
The retailer's subsequent rally will be put to the test this week, when the chain reports fiscal second-quarter results and comments on its inventory, cash, and sales trends heading into the key holiday shopping season.
Let's take a closer look at what to expect from that announcement, set for Wednesday, Sept. 2.
Source Fool.com
