#5 - Five Below Inc. (NASDAQ:FIVE)
Five Below Inc. (NASDAQ: FIVE) - For investors, there is an axiom that you either want to be a high-end retailer or a discount retailer. Five Below is one of the best at creating a discount experience that caters to both teenagers and parents alike. The stores are bright and loud. Their model is to sell items at a price of $5 or below, which makes them attractive to an audience of pre-teens and teenagers who are finding that discount can be chic. And in some cases, stores are loaded with items that are discounted beyond these already low prices.
In their latest earnings report, the company reported a 2% increase in same-store sales. And the company is not just relying on same-store sales. They plan to open more stores with an aggressive revenue growth target of 20% through 2020. While the company faces headwinds from the online convenience and low pricing of Amazon and, increasingly, Wal-Mart, Five Below seems to know its audience well and is catering an experience that captures those dollars well.
About Five Below
Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.
Read More - Current Price
- $102.21
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 13 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $116.15 (13.6% Upside)
