I have implemented this simple switcher regulator circuit in a project with the output set to 5V.
Upon power on, the output voltage was about 2V with Vcc (pin 3) measured at about 3.7V and Vfb around 0.5V. The feedback resistors are Rtop: 88.7k and Rbot: 22.1k.
For your reference, the schematic, layout and the recommended Web Bench solution are attached to this email.
Thanks.