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Five Below flies after management issues rosy outlook

Dec. 02, 2016 10:04 AM ETFive Below, Inc. (FIVE) StockFIVEBy: Clark Schultz, SA News Editor3 Comments
  • Five Below (NASDAQ:FIVE) is up 9% after reporting Q3 results above expectations.
  • The tone from management was positive during the earnings call.
  • "We are pleased with the more positive business trends that we are seeing and we believe this provides nice momentum heading into the big holiday weeks of December," said CEO Joel Anderson.
  • Previously: Five Below EPS in-line, misses on revenue (Dec. 1)
  • Previously: Five Below trades higher after guidance lift (Dec. 1)

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