The low-end consumer 'is really being stretched,' says Five Below CEO

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Five Below Inc News

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U.S. consumers may still be feeling the effects of inflation for quite some time, according to Five Below CEO Joel Anderson.

Lower-income U.S. consumers are feeling stretched with their spending, Five Below CEO Joel Anderson said Wednesday.

Five Below issued soft revenue guidance for the second quarter and the full year. Revenue for the first quarter also came in below expectations.

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