Why Is Five Below Stock Soaring Thursday?
Five Below (FIVE) stock pops premarket as strong Q2 earnings beat estimates, driven by double-digit sales growth. Full-year outlook raised.
Five Below sold a lot more stuff than people expected, so the company thinks it will do even better this year. When a store does better than expected, people get more excited about owning a piece of it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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