Joel Anderson, President and CEO, said, “We are very pleased with our second quarter results, which exceeded our expectations. Sales grew 23% driven by strong performance from both new and existing stores. We saw broad-based strength across our worlds as our high quality, trend right products at incredible values continued to resonate with customers."
Mr. Anderson continued, “With our increasing scale, digital marketing expansion and store densification strategy, our brand awareness is growing and we are seeing great opportunities for product, real estate and talent. We believe we are well positioned to continue to execute in the second half and look forward to continuing to provide our customers with the amazing, one-of-a kind shopping experience that is unique to Five Below."
Five Below, Inc. Announces Second Quarter Fiscal 2018 Financial Results | Five Below Inc