Five Below Stays Focused on Profitable Growth
Five Below's (NASDAQ: FIVE) second-quarter earnings report last week was mostly within expectations. Revenue was slightly lower than analysts expected, but the company squeaked past earnings estimates by $0.01. The stock price still jumped following the report, as investors were impressed with the retail chain's execution, especially its ability to raise prices to mitigate potential tariffs from the U.S.-China trade war.
Let's look at a few things management discussed during the conference call that have investors feeling more confident that Five Below can remain firmly in growth mode in spite of potential headwinds.
IMAGE SOURCE: FIVE BELOW.
Source Fool.com
