Five Below Shares Drop Despite Earnings Beat Amid Tariff Concerns
Despite reporting better-than-expected Q1 earnings and raising full-year guidance, Five Below shares fell about 11% as investors focused on the company's assumptions regarding tariffs. The discount retailer projected net sales of $5.40 billion to $5.48 billion for fiscal 2026.
Tickers: $FIVE
Topics: earnings_beat guidance retail tariffs