SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

Five Below lifts full-year sales outlook after 2Q gains

Five Below raised its sales guidance for the year to $5.63 billion to $5.71 billion, citing second-quarter sales growth supported by new stores and trendy products.

FIVE

By Kelly CloonanFive Below raised its guidance for the year after second-quarter sales climbed, with the company pointing to a boost from new stores and trendy products.The value retailer said Wednesday it now expects sales of $5.63 billion to $5.71 billion for the year, up from its prior forecast…