Why Five Below Stock Popped Today
Shares of Five Below (NASDAQ: FIVE) climbed on Thursday after the extreme value retailer's quarterly results topped investors' expectations.
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Five Below's sales surged 24.3% to $1.73 billion in its fiscal fourth quarter, which ended on Jan. 31. The discount store chain opened 14 net stores during the quarter and a total of 150 over the trailing 12 months. Five Below ended the year with 1,921 locations across 46 states.
Source Fool.com
