#5 - Five Below Inc. (NASDAQ:FIVE)
Five Below Inc. (NASDAQ: FIVE) - Teenagers and clothes go together like peanut butter and jelly. The presence of a market that’s not going away anytime soon underpins the stock’s performance. But how does that translate to the real world. Same-store sales increased by 2% in the company’s 2016 fiscal year. In retail, when brick-and-mortar stores are still going out of business at an alarming rate, that number speaks loudly. So what’s the secret? They make discount shopping chic. And when you’re competing with an online behemoth like Amazon, not to mention proven performers like WalMart, you have to give consumers a reason to shop with you. FIVE relies on a concept that prices items at $5 and below. This model is not only attractive to their pre-teen and teenage audience, but also to their parents. And Five Below is betting on themselves by continually opening stores and has a plan to grow revenues by 20% every year until 2020 and beyond.
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
- $138.13
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 13 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $206.44 (49.5% Upside)
