Five Below's gross profit for the
three
months ended in Jan. 2024 was $552 Mil. Five Below's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $1,274 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Five Below's gross profit for the
three
months ended in Jan. 2024 was $552 Mil. Five Below's Revenue for the
three
months ended in Jan. 2024 was $1,338 Mil. Therefore, Five Below's Gross Margin % for the quarter that ended in Jan. 2024 was 41.23%.
Five Below had a gross margin of 41.23% for the quarter that ended in Jan. 2024 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Five Below was 36.50%. The lowest was 33.25%. And the median was 35.74%.
Five Below Gross Profit Historical Data
The historical data trend for Five Below's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Five Below's Gross Profit
For the Specialty Retail subindustry, Five Below's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Five Below's Gross Profit Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's Gross Profit distribution charts can be found below:
* The bar in red indicates where Five Below's Gross Profit falls into.
Five Below Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Five Below's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,274 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Five Below's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Five Below (NAS:FIVE) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Five Below had a gross margin of 41.23% for the quarter that ended in Jan. 2024 => Durable competitive advantage
Five Below Gross Profit Related Terms
Thank you for viewing the detailed overview of Five Below's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Five Below is a value-oriented retailer that operated 1,340 stores in the United States as of the end of fiscal 2022. Catering to teen and preteen consumers, its stores feature a wide variety of merchandise, the vast majority of which is priced below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 48% of fiscal 2022 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 29% of fiscal 2022 sales), and party and snack (including seasonal goods, candy, and beverages; 23% of fiscal 2022 sales). The chain had stores in 42 states as of the end of fiscal 2022.
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