Five Below, Inc.: How Is The Slowed Store Expansion Impacting Growth? 

Five Below’s second-quarter results for fiscal 2024 reflect a period of significant changes and challenges alongside the initiation of strategic shifts aimed at repositioning the company for future growth. Under the interim leadership of Kenneth Bull, following a recent CEO transition, the company undertook a detailed review of its operations and business strategy. This quarter’s earnings reveal some concerning trends but also highlight areas where management is actively working to steer the business back to its growth track.