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Five Below (FIVE): A Bull Case Theory

We came across a bullish thesis on Five Below on InvestingWithWes Newsletter's Substack. As of 2ⁿᵈ July, Five Below's share was trading at $133.16. FIVE's trailing and forward P/E were 27.86 and 27.70  respectively according to Yahoo Finance.

[caption id="attachment_1022052" align="aligncenter" width="768"] Photo by Gautam Arora on Unsplash[/caption]

Five Below, founded in 2022 by Tom Vellios and David Schlessinger, operates as a discount store offering trendy products at $5 or less and up to $25. The company has a strong presence among tweens, teens, and budget-conscious...