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Whitney Tilson: “Five Below is taking a few percentage points hits on their…”

Featuring: Whitney Tilson, Democratic | Former Hedge Fund Manager, Candidate for New York City Mayor

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WealthTrack Interview with Whitney Tilson on Investment Strategies and Market Lessons

Published | Video Starts at 13:14

… but then the following year your same store sales are going to be negative by the amount that they were positive the previous year because the fad's gone away. So Five Below is taking a few percentage points hits on their same store sales this year because the squishmallows have gone away and are no longer driving sales like they were last year. So those are the three main things that this is a business that investors really want to see. 3, 4, 5% same store sales growth and this year it looks like it's going to be negative 3 to 5%. (13:14–13:25)

CLAIM

Asserts that Five Below's sales are negatively impacted by the decline in popularity of Squishmallows.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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