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Five Below's Down in the Dumps, but Here Are 3 Reasons Why It's Still a Buy

TheMotleyFool

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Five Below's Down in the Dumps, but Here Are 3 Reasons Why It's Still a Buy: https://g.foolcdn.com/editorial/images/699464/teens-shopping.jpg

Investors weren't thrilled with the latest earnings report out of Five Below (NASDAQ: FIVE). Shares of the value-oriented retailer -- which mostly sells items that are $5 and below -- fell after the announcement and are now down over 30% so far in 2022.

Sure, Five Below revealed surprisingly weak customer traffic trends, suggesting a tough period ahead as it approaches the key holiday shopping period. But the stock still remains attractive today, given the chain's bright long-term prospects.

Let's look at a few reasons why you might want to add Five Below to your portfolio.

Source Fool.com

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