Five Below Inc
FIVE
ISIN US33829M1018 / Valor 19010468
Five Below Inc
UMushroom community rating:
About company
Five Below Inc. is a leading value retailer that offers a wide range of trend-right, high-quality products at affordable prices, primarily targeting tweens, teens, and beyond. The company's product offerings span across various categories such as Style, Room, Sports, Tech, Create, Party, Candy, and New & Now, with most items priced between $1 and $5. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below has nearly 1,200 stores in 40 states, providing customers with an exciting shopping experience filled with unlimited possibilities.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (25.12.2024):
Net Sales Growth
In the third quarter of fiscal 2024, Five Below Inc. reported a net sales increase of 14.6%, reaching $843.7 million compared to $736.4 million in the same quarter of fiscal 2023. This growth was accompanied by a comparable sales increase of 0.6%.
Store Expansion
Five Below Inc. significantly expanded its retail footprint in the third quarter of fiscal 2024 by opening 82 new stores, bringing the total to 1,749 stores across 44 states. This represents an 18.1% increase in the number of stores compared to the end of the third quarter of fiscal 2023.
Operating and Net Income
During the third quarter of fiscal 2024, Five Below Inc. experienced an operating loss of $0.6 million, a decline from the operating income of $16.1 million in the same period of the previous year. The company's net income also decreased to $1.7 million from $14.6 million in the third quarter of fiscal 2023.
Earnings Per Share
Five Below Inc. reported a GAAP diluted earnings per share (EPS) of $0.03 for the third quarter of fiscal 2024, down from $0.26 in the same quarter of the previous year. However, the adjusted diluted EPS was $0.42, reflecting adjustments for non-GAAP measures.
Future Outlook
Looking ahead, Five Below Inc. has increased its full-year 2024 guidance. For the fourth quarter, the company expects net sales to range between $1.35 billion and $1.38 billion, with a projected net income between $174 million and $184 million. The adjusted net income is anticipated to be between $179 million and $189 million.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5914 M
Market cap (USD)
463,730
Daily traded volume (Shares)
112.6 / 107.48
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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