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Five Below Gains as Investors Buy Shares and Earnings Beat

Five Below logoFive Below
Sig1.78Sen+4.12Env0.00Soc0.00Gov0.00

Institutional investors increased holdings in Five Below, including Fund 1 Investments LLC, Empowered Funds LLC, and UBS Asset Management, with purchases totaling millions in value. Five Below reported quarterly EPS of $2.22 versus $1.77 expected and revenue up 32.5% year over year to $1.29 billion, prompting raised price targets and expectations for $9.12 EPS this year.

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