Five Below Spins Its Way to a Beat and Raise
Five Below (NASDAQ: FIVE) announced fiscal second-quarter 2017 results on Wednesday after the market closed, highlighting exceptional comparable sales and the continued rapid expansion of the specialty retailer's store base. Given its relative outperformance in spite of today's difficult retail environment, Five Below also increased its full-year guidance.
Let's take a closer look at how Five Below ended the first half, as well as exactly what investors should expect for the rest of the year.
Image source: Five Below.
Source: Fool.com
fiveBelow Inc. Stock
€67.20
2.810%
The stock is one of the favorites of our community with 42 Buy predictions and 1 Sell predictions.
With a target price of 195 € there is potential for a 190.18% increase which would mean more than doubling the current price of 67.2 € for fiveBelow Inc..
