Investors had high expectations heading into Five Below 's (NASDAQ: FIVE) earnings report this past week. Despite COVID-19 challenges, the retailer entered the holiday shopping period with growth momentum that implied a great finish to a turbulent year.
Its actual results gave investors more reasons to feel optimistic about the business, whether it's the potential for rising profitability or dramatically higher sales over the long term. Let's take a closer look.
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Five Below's Expansion Strategy Goes Into Overdrive