Can Five Below Stock Turn a 50% Drop in 2024 Into a 50% Gain in 2025?
Five Below(FIVE) The Motley Fool·2024-12-16 21:35
If you had invested $10,000 in Five Below (FIVE 0.15%) at its initial public offering (IPO) in 2012, you'd have nearly $40,000 now. That's not a bad long-term return. However, 2024 hasn't been a good year for shareholders. As of this writing, Five Below stock is down 51% year to date.Several factors contributed to Five Below's uncharacteristically bad stock performance this year. First, sales haven't been as strong as investors would like them to be. The company measures same-store sales for all locations t ...