Five Below tweaks full-year forecasts, and shares rally

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Five Below tweaks full-year forecasts, and shares rally
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Shares of Five Below Inc. rose 5.2% after hours on Thursday after the teen-and-tween-focused discount retailer raised the low end of its full-year revenue...

Shares of Five Below Inc.

rose 5.2% after hours on Thursday after the teen-and-tween-focused discount retailer raised the low end of its full-year revenue and profit forecasts, even as management said its customers faced “multiple macro headwinds.” The chain — which sells things like toys, gear and electronics largely priced at $5 or less — said it expected full-year revenue of between $3.5 billion and $3.

rose 5.2% after hours on Thursday after the teen-and-tween-focused discount retailer raised the low end of its full-year revenue and profit forecasts, even as management said its customers faced “multiple macro headwinds.” The chain — which sells things like toys, gear and electronics largely priced at $5 or less — said it expected full-year revenue of between $3.5 billion and $3.

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