Thursday, December 2, 2021

Five Below in strong Q3; holiday off to ‘strong start’

Five Below reported third-quarter results that beat Wall Street expectations despite a “challenging” supply chain environment. The teen and tween value retailer reported that its earnings totaled $24.2 million, or $0.43 a share, in the quarter ended Oct. 30, compared with $20.4 million, or $0.36 a share, in the year-ago period. Analysts had expected earnings per share of $0.29. . . . more