Five Below shares are trading lower after the company reported worse-than-expected Q1 earnings and cut its guidance.
Portfolio Pulse from Benzinga Newsdesk
Five Below shares are trading lower after the company reported worse-than-expected Q1 earnings and cut its guidance.
June 06, 2024 | 10:07 am
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Five Below reported worse-than-expected Q1 earnings and cut its guidance, leading to a decline in its share price.
The company's worse-than-expected Q1 earnings and reduced guidance are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100