Roberts & Ryan hosted an investor call with Christiane Pelz Alpher, Five Below’s VP of Investor Relations and Treasury. We covered a lot in a short time – and had a lot of questions from participating investors.
As big as the company is, they’re still in growth mode. They’re approaching the 1,600 store mark with a goal of reaching 3,500 locations by 2030 – that’s a lot of growth! Add in their store conversions to include their FIVE BEYOND concept and they’re going to be busy.
If you follow the company you likely heard that “Shrink” (theft) has been an issue for them. Unfortunately, this is not unique to Five Below, but it sounds like they’re addressing it effectively. Absent the shrink issue, things are going very well. Their model offers a lot of flexibility in terms of product offering – and they always “keep it fun”.
Take a look at Five Below here: https://investor.fivebelow.com/investors/default.aspx
This was an interesting and informative call, and we want to thank everyone that participated. “Thank You” Christiane, and “thank you” to the entire Five Below team for your support.
We also want to acknowledge our friends from Seaport Research Partners. They extended this opportunity to their tremendous client base and we greatly appreciate their partnership. They’re building a research powerhouse over there!
