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MarketBeat
MarketBeat
Chris Markoch

Five Below and Dollar Tree Earnings Signal a Shopper Shift

Investors got solid earnings reports from Dollar Tree (NASDAQ: DLTR) and Five Below, Inc. (NASDAQ: FIVE) on Dec. 3. The reports were similar, with both companies beating on revenue and adjusted earnings per share (EPS) in the third quarter.

Notably, both stocks are breaking out in a pattern that looks eerily similar to 2022, when inflation peaked, and consumers shifted sharply toward value chains.

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