Why Five Below's Growth Story Excites Investors
Discount retail has been one of the most successful business models of the past 10 years. Companies including Ross Stores and Dollar General have racked up huge gains by focusing on providing consumer value and steadily expanding store count.
Five Below (NASDAQ: FIVE) is a younger company, but it too is following the tried-and-true discount retail growth strategy. So far, the results have been strong, but what can investors expect going forward?
Five Below has a very straightforward concept: The company sells items priced $5 and below in its stores. The company focuses on kids and teenagers who want to buy toys, candy, or seasonal holiday items.
Source Fool.com
