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Why Five Below Stock Popped Today

TheMotleyFool

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Why Five Below Stock Popped TodayPhoto, wide shot, wide-angle lens, Online marketplace, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/27d484d8-d1b1-4519-9797-b5dcaa68d4e2.png

Shares of Five Below (NASDAQ: FIVE) climbed on Thursday after the extreme value retailer's quarterly results topped investors' expectations.

Image source: Getty Images.

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

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