Five Below 2Q results seen reinforcing turnaround durability, UBS says
UBS analysts said Five Below’s second-quarter results solidified that its turnaround plan is durable, citing store traffic, compelling merchandise and consumer buying.
Five Below's second-quarter results solidified that the discount retailer's turnaround plan is durable, UBS analysts say. "Putting it simply, the company is driving traffic to its stores, displaying compelling items, and the consumer is buying them," the analysts say.
Five Below is attracting new c…