Five Below, Inc. Earnings Recaps
Q1 2026
Jun 5, 2026
The stock declined 12.8% as investors reacted negatively to cautious commentary on the macro environment and implied deceleration risks despite reported strong sales and earnings growth.
Key takeaways
- Reported first quarter sales rose nearly 33% to $1.3 billion, driven by 23% comp growth and 49 net new stores added.
- Adjusted EPS grew over 2.5x year-over-year to $2.22 per share.
- Broad-based comp strength with 15 of 18 departments positive, notably games and toys.
- Management acknowledged a more challenging macro environment ahead and indicated raised full-year guidance includes cautious assumptions.
- Despite operational execution and sales momentum, shares fell sharply likely reflecting investor skepticism about sustainability and margin pressures going forward.
Q3 2025
Dec 4, 2025
Five Below's Q3 2025 results exceeded expectations with impressive sales growth, delivering over $1 billion in revenue and significant earnings gains, driven by a robust customer-centric strategy.
Key takeaways
- Net sales increased by 23% year-over-year, with comparable sales up more than 14%.
- Adjusted diluted earnings per share surged 62% to $0.68.
- Store count grew by 9%, adding 49 new locations, including a strong entry into the Pacific Northwest.
- The company is focused on enhancing customer engagement through a seamless multi-channel shopping experience.
- A disciplined approach to merchandising resulted in a diverse product range and improved inventory management.