Five Below stock continues its tear, as upbeat outlook eases fears of consumer slowdown

What Happened

Shares of Five Below rallied after hours Wednesday after the teen-centric discount retailer offered an upbeat forecast for this year and said shoppers across all income levels were buying at its stores, helped by efforts to draw younger shoppers and keep apace with viral trends online.

Why It Matters

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Background Context

Shares of Five Below rallied after hours Wednesday after the teen-centric discount retailer offered an upbeat forecast for this year and said shoppers across all income levels were buying at its stores, helped by efforts to draw younger shoppers and keep apace with viral trends online.

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Source: MarketWatch.com – Top StoriesOriginal Link

Source: MarketWatch.com – Top Stories

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