
A discount retailer announced its fourth-quarter and full-year earnings results Wednesday before the market open. Also included in the earnings report: new plans to rapidly accelerate the company’s store count.
What Happened: Retailer Five Below Inc (NASDAQ:FIVE) announced fourth-quarter sales of $996.3 million, up 16% year-over-year. For the full fiscal year, net sales for Five Below were $2.8 billion, up 45% year-over-year.