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Five Below Makes Surprise Turnaround in Challenging Retail Environment

Analysts are optimistic about the company’s future, based on the arrival of a new CEO, further store openings, and a K-shaped recovery.
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Five Below Makes Surprise Turnaround in Challenging Retail Environment
A Five Below store in Lake City, Fla., on Aug. 26, 2017. Michael Rivera/Wikimedia
Panos Mourdoukoutas
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Five Below surprised Wall Street with better-than-expected sales in a challenging retail environment, crediting better execution and new store openings.

Analysts are optimistic about the company’s future, based on the arrival of a new CEO, further store openings, and a K-shaped recovery.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”