FIVE BELOW- We'll give them 24 months Message Board

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Non-Tech : FIVE BELOW- We'll give them 24 months

FIVE 189.95

+0.7%

3:59 PM EST

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To: Smiling Bob who wrote (2)	7/19/2012 2:04:03 PM
From: Smiling Bob	Read Replies (1) of 27

a whole lot of hype coming from this one ------- Five Below surges 49% on first day of trading NEW YORK (MarketWatch) -- Discount retailer Five Below Inc. (NASDAQ:FIVE) on Thursday surged 49% to $25.30 after it priced its initial public offering of $9.62 million shares at $17 a share. The Philadelphia-based retailer sells things from soccer balls to mini-lockers targeting teens and pre-teens, for $5 or below. The company said it expects to receive proceeds of about $72 million. The company, founded in 2002, has more than doubled its sales to $297.1 million in fiscal 2011 from $125.1 million in fiscal 2009. Its operating income jumped to $26.2 million from $6.9 million during the same period. The company expects its U.S. store count could increase to more than 2,000 locations over time from 192 shops in the eastern U.S. at the end of fiscal 2011. Copyright © 2012 MarketWatch, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED 10/18/2011. Intraday Data provided by SIX Telekurs and subject to terms of use. Historical and current end-of-day data provided by SIX Telekurs. Intraday data delayed per exchange requirements. Dow Jones Indexes (SM) from Dow Jones & Company, Inc. All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More information on NASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Dow Jones IndexesSM from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Telekurs and is at least 60-minutes delayed. All quotes are in local exchange time.

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