September 21, 2017 1:49 AM ET

Specialty Retail

Company Overview of Five Below, Inc.

Company Overview

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, as well as provides 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, inc...

1818 Market Street

Suite 2000

Philadelphia, PA 19103

United States

Founded in 2002

1,800 Employees

Phone:

215-546-7909

Key Executives for Five Below, Inc.

Chief Executive Officer, President and Director
Age: 52
Total Annual Compensation: $750.0K
Co-Founder and Executive Chairman
Age: 62
Total Annual Compensation: $600.0K
Chief Financial Officer and Treasurer
Age: 54
Total Annual Compensation: $450.0K
Executive Vice President of Merchandising
Age: 51
Total Annual Compensation: $450.0K
Chief Administrative Officer
Age: 59
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2016.

Five Below, Inc. Key Developments

Five Below, Inc. Reports Unaudited Consolidated Earnings Results for the Thirteen and Twenty-Six Weeks Ended July 29, 2017; Provides Earnings Guidance for the Third Quarter and Full Year of 2017

Five Below, Inc. reported unaudited consolidated earnings results for the thirteen and twenty-six weeks ended July 29, 2017. For the thirteen week period, the company reported net sales were $283,320,000 against $220,130,000 a year ago. Operating income was $26,301,000 against $15,714,000 a year ago. Income before income taxes was $26,560,000 against $15,787,000 a year ago. Net income was $16,804,000 against $9,847,000 a year ago. Basic and diluted income per common share was $0.30 against $0.18 a year ago. For the twenty-six weeks, the company reported net sales were $516,201,000 against $412,845,000 a year ago. Operating income was $39,083,000 against $26,466,000 a year ago. Income before income taxes was $39,651,000 against $26,613,000 a year ago. Net income was $25,195,000 against $16,605,000 a year ago. Diluted income per common share was $0.45 against $0.30 per basic and diluted share a year ago. Net cash provided by operating activities was $31,102,000 against $16,391,000 a year ago. Capital expenditures were $29,949,000 against $22,372,000 a year ago. For the third quarter of fiscal 2017, net sales are expected to be in the range of $241 million to $246 million based on opening approximately 35 new stores and assuming a 3% to 5% increase in comparable sales. Net income is expected to be in the range of $6.2 million to $7.4 million, with a diluted income per common share range of $0.11 to $0.13 on approximately 55.6 million estimated diluted weighted average shares outstanding. For the full year of fiscal 2017, net sales are expected to be in the range of $1.236 billion to $1.248 billion based on opening approximately 100 new stores and assuming a 3.5% to 4.5% increase in comparable sales. Net income is expected to be in the range of $90.3 million to $92.6 million, with a diluted income per common share of $1.62 to $1.66 on approximately 55.7 million estimated diluted weighted average shares outstanding. The 53rd week is expected to contribute approximately $15 million in sales and approximately $0.02 in diluted income per common share.

Five Below, Inc. to Report Q2, 2018 Results on Aug 30, 2017

Five Below, Inc. announced that they will report Q2, 2018 results at 4:30 PM, US Eastern Standard Time on Aug 30, 2017

Five Below, Inc., Q2 2018 Earnings Call, Aug 30, 2017

Five Below, Inc., Q2 2018 Earnings Call, Aug 30, 2017

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