FIVE
Five Below Inc
Consumer
06/22/2015
Presented
| Date | 06/17/2015 |
| Price | $39.00 |
| Market Cap | N/A |
| Ent Value | $2.07B |
| P/E Ratio | 44.1x |
| Book Value | $3.34 |
| Div Yield | N/A |
| Shares O/S | 54.48M |
| Ave Daily Vol | 1,240,000 |
| Short Int | 21.02% |
Current
| Price | $93.60 |
| Market Cap | $5.15B |
| Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including 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, such as hand weights, jump ropes, and gym balls; games, including 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, and tablet computers; cases, chargers, headphones, and other related items; books, video games, and DVDs; craft activity kits; arts and crafts supplies that consist of crayons, markers, and stickers; and trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, and everyday name brand items. Further, the company provides party goods, decorations, and greeting cards, as well as every day and special occasion merchandise products; assortment of classic and novelty candy bars, movie-size box candy, and 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 May 14, 2015, it operated approximately 385 stores in 23 states. 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. |
Publicly traded companies mentioned herein: Dollarama Inc (DOL CN), Dollar General Corp (DG), Five Below Inc (FIVE), Wal-Mart Stores Inc (WMT)
Highlights
The presenter said he began to build a position in shares of specialty value retailer Five Below (FIVE) in the fourth quarter of 2014 and added to the position in the first quarter of 2015. The retailer of all things at $5 and below recently opened its 400th store and has a long runway to get to 2000 stores across the US. In addition to new store growth, it appears as though the new management team, led by President and CEO Joel Anderson, is an upgrade and can potentially improve margins over the next 12-18 months.
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