Five Below's Growth Story Keeps Getting Better
Five Below (NASDAQ: FIVE) delivered another quarter of 20%-plus growth on the top line when it reported earnings in early December. The company reported broad growth across its eight "worlds" led by style, tech, candy, and room items. Growth has mostly been driven by new store openings, but comparable sales also accelerated quarter over quarter, which should provide some momentum for the holiday season.
There were a few things discussed on the conference call that highlight why Five Below is such a great growth story, so let's dig in.
Source Fool.com