Five Below's Smarter Pricing Strategy Lifts Sales As Analyst Upgrades Stock

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Could a discount retailer become the unexpected darling of Wall Street? Five Below, Inc.‘s (NASDAQ:FIVE) latest financial results and strategic moves might just be the revelation investors have been waiting for.

Five Below shares are trading higher on Thursday, a day after the company posted second-quarter revenue of $1.03 billion vs $992.7 million expected and adjusted EPS of 81 cents, beating the Street view of 61 cents.