Five Below Considering 'Price Adjustments'

Five Below, a popular chain of specialty discount stores named for pricing most of its products at $5 or less, had a difficult 2024 holiday season. 

The company's fourth-quarter earnings report for 2024 showed that even with opening 22 new stores during that usually busy last quarter of the year, its comparable sales were down by 3% year-over-year.

Now, Five Below has a new CEO in Winnie Park, who came to the company from Forever 21, where he had served as CEO since January 2022.

On Five Below's latest earnings call...