FIVE FY 2018 Earnings Report — Five Below, Inc. Revenue & Financial Results | Market Cap Arena

Five Below, Inc.FIVE

FY 2018 Earnings

Reported March 28, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.6B	—	$1.3B	—	22.0%
Op. Income	$187M	—	$157M	—	18.9%
Gross Margin	36.2%	—	36.3%	—	-0.0pp
Net Margin	9.6%	—	8.0%	—	1.6pp
EPS (Diluted)	$2.66	—	$1.84	—	44.6%
Free Cash Flow	$70M	—	$100M	—	-29.3%

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$994M
GROSS PROFIT	$565M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$378M
Other Expenses	$0
Operating Expenses	$378M
Cost & Expenses	$1.4B
OPERATING INCOME	$187M
Interest Income	$5M
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$192M
Income Tax Expense	$42M
Net Income from Continuing Ops	$150M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$150M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$150M
D&A	$41M
EBIT	$187M
EBITDA	$229M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$994M
GROSS PROFIT	$565M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$378M
Other Expenses	$0
Operating Expenses	$378M
Cost & Expenses	$1.4B
OPERATING INCOME	$187M
Interest Income	$5M
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$192M
Income Tax Expense	$42M
Net Income from Continuing Ops	$150M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$150M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$150M
D&A	$41M
EBIT	$187M
EBITDA	$229M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$150M
Depreciation & Amortization	$41M
Stock-Based Compensation	$12M
Deferred Income Tax	$550.0K
Other Non-Cash Items	$44.0K
Change in Working Capital	-$20M
OPERATING CASH FLOW	$184M
Capital Expenditure	-$114M
Acquisitions (Net)	$114M
Purchases of Investments	-$117M
Sales/Maturities of Investments	$192M
Other Investing Activities	-$114M
NET CASH FROM INVESTING	-$39M
Net Debt Issuance	$0
Common Stock Repurchased	-$10M
Common Dividends Paid	$0
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$6M
FREE CASH FLOW	$70M
Net Change in Cash	$139M

Balance Sheet

Item	Amount
Cash & Equivalents	$252M
Short-Term Investments	$85M
Net Receivables	$0
Inventory	$244M
Other Current Assets	$34M
TOTAL CURRENT ASSETS	$642M
PP&E (Net)	$301M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$6M
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$310M
TOTAL ASSETS	$952M
Account Payables	$104M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$253M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$84M
TOTAL NON-CURRENT LIABILITIES	$84M
TOTAL LIABILITIES	$337M
Common Stock	$557.0K
Additional Paid-In Capital	$353M
Retained Earnings	$262M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$615M
Minority Interest	$0
TOTAL EQUITY	$615M
TOTAL LIABILITIES & EQUITY	$952M
Total Debt	$0
Net Debt	-$252M