Five Below Plans to Triple Its Store Count by 2030
Over the last 10 fiscal years, discount-store chain Five Below (NASDAQ: FIVE) increased revenue, operating income, and its number of locations tenfold, 15-fold, and sixfold, respectively. And the stock price has followed, climbing 500% since April 2012.
The days of market outperformance likely aren't over. During a recent investor day presentation, the booming retailer's management outlined an updated long-term strategy that should really excite shareholders. Let's take a closer look.
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Source Fool.com
