On Tuesday, Five Below Inc (NASDAQ:FIVE)’s shares inclined 1.33% to $40.41.
RBC Capital analyst Scot Ciccarelli initiated coverage of Five Below Inc ( FIVE) with a Buy rating and $48 price target. The analyst believes that the company has “huge” potential for unit growth and offers high ROI. The stock is ideal for investors seeking long-term growth.
Five Below is predictable to expand its store base by about 20 percent in 2015 and 2016, with a growth rate of 15-20 percent over the next several years. The company intends of grow its stores to about 2,000 locations over the longer term. This means that there is potential to grow the current store base by almost 500 percent, which would be the biggest unit expansion potential in Hardlines Retail.
The analyst also anticipates Five Below to be able to attain an “impressive” ROI of 110-120 percent within the first 12 months of operation of any store. For its new store classes during 2011-2014, the company was able to generate 4-wall ROI of over 150 percent, indicating a payback period of just 8 months.
Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, counting novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, in addition to beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, counting glitter lamps, posters, frames, fleece blankets, pillows, candles, incense and related items, and storage options for the customer’s room and locker.
Kosmos Energy Ltd (NYSE:KOS)’s shares gained 0.11% to $8.74.
Kosmos Energy Ltd (KOS) declared an amendment and restatement of its corporate revolving credit facility. The company has made three noteworthy changes.
The first is an enhance in borrowing capacity to $400 million from $300 million. The second is extending the date of maturity by three years to Nov 2018, and the third change is cutting down the commitment fee to 30% of the margin.
Combined with its $1.5 billion reserves-based lending facility, Kosmos has now secured debt facilities totaling $1.9 billion, of which only $300 million was drawn as of June 1, 2015. The amendment to the corporate revolving credit facility enhances an already strong liquidity position. With this extra capital in hand, Kosmos has the financial strength and flexibility to continue growing profitably through the cycle.
Kosmos exited the first quarter of 2015 with $1.7 billion of liquidity and $407.4 million in net debt contrast with $1.9 billion and $213.1 million, respectively, as of Dec 31, 2014. The enhance in net debt since year-end 2014 was primarily driven by the timing of changes in working capital.
Kosmos Energy Ltd. explores for and produces oil and gas in Africa, Europe, and South America. Its asset portfolio comprises production and other development projects in offshore Ghana, in addition to exploration licenses with hydrocarbon potential in offshore Ireland, Mauritania, Morocco, Senegal, and Suriname. The company was founded in 2003 and is based in Hamilton, Bermuda.
At the end of Tuesday’s trade, Dunkin Brands Group Inc (NASDAQ:DNKN)‘s shares surged 2.02% to $54.96.
Dunkin Brands Group Inc (DNKN) declared the kick-off of a sweepstakes in partnership with Liverpool FC (LFC), one of the world’s most historic and famous football clubs. The sweepstakes will give fans in Vietnam the chance to score the ultimate LFC fan experience during the club’s forthcoming summer Southeast Asia tour and also celebrate Dunkin’ Donuts’ wide range of delicious coffees and baked goods.
From now through July 4th, Dunkin’ Donuts guests in Vietnam can earn an entry into the sweepstakes when they purchase a half dozen donuts. One lucky grand prize winner will receive a trip for two to Kuala Lumpur, Malaysia with three nights hotel accommodation, two tickets to the LFC match against Malaysia XI on July 24th in Kuala Lumpur, two tickets to an LFC training session and two tickets to an exclusive meet and greet with LFC players.
Dunkin Brands Group, Inc., together with its auxiliaries, develops, franchises, and licenses quick service restaurants under the Dunkin Donuts and Baskin-Robbins brands worldwide. The company operates through four segments: Dunkin’ Donuts U.S., Dunkin’ Donuts International, Baskin-Robbins U.S., and Baskin-Robbins International.
Honeywell International Inc. (NYSE:HON), ended its Tuesday’s trading session with -0.58% loss, and closed at $104.76.
Fifty middle school teachers from 11 countries are in San Diego this week for Honeywell Green Boot Camp, an annual workshop that provides educators with the information, experience and resources to bring lessons on energy efficiency, sustainability and the environment back to their classrooms. The event is part of Honeywell’s (HON) commitment to supporting science, technology, engineering and math (STEM) education.
The workshop curriculum comprises hands-on learning on a range of topics — from renewable energy technologies to green building materials. And each subject is paired with expert-led activities to demonstrate these concepts in action. For example, teachers will assemble and race solar cars, identify “energy vampires” and build wind turbines. Following the exercises, teachers convene to talk about how to apply the ideas in their classrooms.
Now in its seventh year, Green Boot Camp is made possible by Honeywell Hometown Solutions, the company’s corporate citizenship initiative that focuses on five areas of vital importance to communities around the world: science and math education; habitat and conservation; family safety and security; housing and shelter; and humanitarian relief.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
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