Why Five Below is struggling

Five Below is a discretionary-focused, discount retailer that has experienced robust growth, both in its stock price and physical expansion nationwide. Since 2018, it has more than doubled its sales and store count. However, 2024 is off to a rough start. Five Below's share price hit a 52-week low in the first week of June as it grapples with two consecutive quarters of disappointing earnings results. Watch the video to find out why Wall Street thinks Five Below can make a rebound.