Bear of the Day: Five Below (FIVE)

Today's Bear of the Day is a stock that is not in the good graces of our Zacks Rank and is therefore also in a bad, negative earnings trend. It's Zacks Rank #5 (Strong Sell) Five Below (FIVE) ). Five Below has built its brand on offering trendy and affordable products to a younger demographic. However, the company's reliance on discretionary spending places it at a disadvantage in the current economic climate, where inflationary pressures and reduced consumer confidence are curtailing non-essential purchase ...