FIVE
Five Below Inc.
Consumer
04/21/2014
Presented
Date | 04/16/2014 |
Price | $38.55 |
Market Cap | $2.09B |
Ent Value | $2.06B |
P/E Ratio | 40.14x |
Book Value | $2.55 |
Div Yield | N/A |
Shares O/S | 54.19M |
Ave Daily Vol | 1,190,000 |
Short Int | 18.79% |
Current
Price | $93.60 |
Market Cap | $5.15B |
Five Below, Inc. operates as a specialty value retailer in the United States. The company offers various products priced at $5 and below. It offers accessories, such as novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, and ‘attitude’ T-shirts, as well as beauty products, including nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space comprising glitter lamps, posters, frames, fleece blankets, pillows, candles, incense and related items, and storage options for the customer’s room and locker. The company also provides sport balls; team sports merchandise and fitness accessories, including hand weights, jump ropes, and gym balls; games comprising name brand board games, puzzles, toys, and plush items; and pool, beach and outdoor toys, games, and accessories. In addition, it offers accessories for PCs, cell phones, MP3 players, and tablet computers; cases, chargers, headphones, and other related items; and books, video games, and DVDs. Further, the company provides craft activity kits; arts and crafts supplies, such as crayons, markers, and stickers; trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, and everyday name brand items; and party goods, decorations, and greeting cards, as well as every day and special occasion merchandise. Additionally, it offers assortment of classic and novelty candy bars, and movie-size box candy, as well as gum and snack food; chilled drinks through coolers; and seasonally-specific items used to celebrate and decorate for events, such as Christmas, Easter, Halloween, and St. Patrick’s Day. As of February 1, 2014, Five Below, Inc. operated 304 stores under the Five Below name. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was founded in 2002 and is headquartered in Philadelphia, Pennsylvania. |
Highlights
Investors soured on shares of Five Below when the company posted flat comparable sales in Q4 last year, but the presenter attributes the miss to poor December weather in the Northeast, where 80% of the stores included in the comp are located. A tremendous growth retailer geared primarily toward 8-18 year olds with products at price points of $5 or less, the presenter stated that he has never before seen a retailer with better unit economics.
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