Five Below, Inc. (FIVE) reported second-quarter fiscal 2024 results, wherein the top line beat the Zacks Consensus Estimate, and the bottom line met the same. However, net sales increased while earnings declined year over year, impacted by macroeconomic pressures and an evolving consumer environment. This led the company to lower its fiscal 2024 outlook. In response, Five Below is addressing these challenges by refocusing on a curated assortment that emphasizes value and novelty to engage its core pre-teen ...