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Added to YB: 2024-07-18

Pitch date: 2024-07-17

FIVE [neutral]

Five Below, Inc.

+190.11%

current return

Author Info

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Company Info

Five Below, Inc. operates as a specialty value retailer in the United States. It offers assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, gum, and snack food products, as well as sells chilled drinks through coolers; socks, jewelry, hair accessories, cozy loungewear, and t-shirts; personal care essentials, skincare, fragrance, and branded cosmetics; and party goods, decorations, gag gifts, greeting cards, and every day and special occasion merchandise products.

Market Cap

N/A

Pitch Price

$75.76

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.78

P/E

33.14

EV/Sales

2.72

Sector

Specialty Retail

Category

turnaround

Show full summary:
Why I Am Selling Five Below

$FIVE: CEO Joel Anderson exits amid lowered Q2 guidance, raising execution concerns. Thesis shift from growth to turnaround story. Weak low-end consumer, rising competition (Temu, pOpshelf, Amazon) challenge niche. Selling position due to lost conviction despite attractive valuation. Insider buying puzzling. Monitoring from sidelines.

Read full article (6 min)