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All Signs Point to Five Below Stock to Move Higher

1 7 12
31.08.2021

Five Below (NASDAQ: FIVE) is down nearly 10% in the last three sessions ending August 30. With the company due to report earnings on September 1, it’s fair that investors might be wondering why FIVE stock is being treated so roughly. However, with no news about the company, I see this as a general reaction to recent retail earnings reports, some of which, for example, Dollar General (NYSE: DG), disappointed analysts.

There’s no doubt that Five Below is going to face tougher comparisons. In its first-quarter earnings report, the company posted a 197% year-over-year revenue gain. But that was a comparison to a quarter when the pandemic forced the company to shut most of its stores. A more intriguing comparison was to the same quarter in 2019. That showed a 63% gain in revenue and a 151% improvement on the bottom line.

This time around analysts expect earnings........

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