Roberts & Ryan hosted an investor call with Five Below (Nasdaq: FIVE) and extend a special thank you to Christiane Pelz Alpher, VP of Investor Relations and Treasury at Five Below. When we were scheduling the call months ago, we selected today to honor Flag Day. It turns out the company is celebrating “Founder’s Week” today – which is why Christiane is showing off her shirt in the accompanying photo – and this morning they announced that Kristy Chipman, CPA, MBA will be their new CFO. A busy day for Christiane, to say the least. Like a trooper, she honored her commitment, and we had a great call!
The company’s tag line is “Let Go and Have Fun”. It’s clear that “fun” is important to them, just check out one of their stores. It’s also clear that they know how to run a business. They’ve experienced serious growth and expect to open another 200+ stores this year.
If you think that’s impressive, consider the fact that they have a debt free balance sheet and roughly $400M in cash. Their stores are profitable after just one year – and they’ve been introducing “Beyond Five”, which expands their product offerings. This company is nimble, monitors trends closely, and is innovative when dealing with costs and suppliers.
Thank you to the entire Five Below team for letting us borrow Christiane for a bit today. As a Service-Disabled Veteran Owned Broker Dealer, we greatly appreciate your support.