Why Five Below Isn't Worried About a Growth Slowdown
Wall Street wasn't impressed with the latest earnings update from Five Below (NASDAQ: FIVE). While the youth-focused retailer beat sales expectations and issued an aggressive short-term outlook, investors were concerned about rising costs and disruptions to the global supply chain that could affect the holiday season.
In a conference call with analysts, CEO Joel Anderson and his team detailed those challenges while expressing optimism that Five Below will navigate through them in stride this year. Let's look at some highlights from that presentation.
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Source Fool.com
