Five Below stock poised for 26% surge as squishy toy trend drives sales

cnbc.com

Analyst Spencer Hanus of Wolfe Research recommends buying Five Below stock, setting a $291 price target implying a 26% surge. The analyst cites the immense popularity of "squish" toys, particularly dumpling-shaped ones, as a key, underappreciated driver of the retailer's momentum. This trend, amplified by TikTok virality, is boosting store traffic and sales, with Five Below experiencing product scarcity and repeat customer visits.


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Five Below stock poised for 26% surge as squishy toy trend drives sales | News Minimalist