• 09/21/2024

Five Below Profit Hit by Shrinkage, Sees Impact Continuing This Year

Wall Street Journal

Five Below logged a big jump in sales in the latest quarter amid a real estate expansion plan, but said its profitability was hit by higher-than-expected shrinkage, including theft.

https://www.wsj.com/articles/five-below-profit-hit-by-shrinkage-sees-impact-continuing-this-year-46914bef