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Five Below stock pops on earnings

Yahoo Finance Live anchors discuss the move in Five Below stock.

Video Transcript

[AUDIO LOGO]

RACHELLE AKUFFO: All right, well, stronger-than-expected results leading to a big pop for shares of Five Below. The discount retailer saw earnings fall 32% from last year. But that came in well above Wall Street expectations. Comparable sales also fell 2.7%. The relative momentum helped boost Five Below's full-year profit forecast with the company now expecting between-- revenue to come in between over $3 billion.