Q1 27 EPS
$2.22
BEAT +25.03%
Est. $1.78
Q1 27 Revenue
$1.29B
BEAT +4.81%
Est. $1.23B
vs S&P Since Q1 27
-11.8%
TRAILING MARKET
FIVE -13.2% vs S&P -1.4%
Market Reaction
Did FIVE Beat Earnings? Q1 2027 Results
Five Below delivered a blowout first quarter of fiscal 2027, posting adjusted diluted EPS of $2.22 and beating the $1.78 consensus estimate by 25.03%, extending the discount retailer's streak of consensus EPS beats to four consecutive quarters. Net s… Read more Five Below delivered a blowout first quarter of fiscal 2027, posting adjusted diluted EPS of $2.22 and beating the $1.78 consensus estimate by 25.03%, extending the discount retailer's streak of consensus EPS beats to four consecutive quarters. Net sales climbed 32.5% year-over-year to $1.29 billion, ahead of the $1.23 billion consensus by 4.81%, powered by a 22.7% surge in comparable sales that reflected broad-based gains across all merchandising categories, customer demographics, and geographies. GAAP operating income more than tripled to $154.24 million from $50.85 million a year ago, as the company converted its rapid top-line growth into substantial operating leverage. Five Below ended the quarter with 1,970 stores across 46 states after opening 49 net new locations, and with $638.89 million in cash plus $474.37 million in short-term investment securities, the balance sheet remains well-positioned. Looking ahead, management raised full-year fiscal 2026 guidance to net sales of $5.40 billion to $5.48 billion with adjusted diluted EPS of $8.65 to $9.05, incorporating current tariff assumptions through late July.
Key Takeaways
- • Comparable sales increase of 22.7%
- • Broad-based growth across all merchandising worlds, new and existing customers, and all demographic and geographic segments
- • Amplification of social media trends driving outsized traffic through coordinated merchandising and marketing efforts
- • Compelling newness at amazing value and great store execution
- • 49 net new stores opened during the quarter, ending with 1,970 stores across 46 states
- • Effective tax rate improvement to 24.3% from 27.2%
FIVE Forward Guidance & Outlook
Five Below raised its full-year fiscal 2026 outlook. For Q2, net sales are expected at $1.18 billion to $1.20 billion with approximately 50 new store openings and 7%–9% comparable sales growth; adjusted diluted EPS is expected at $1.17 to $1.29. For full-year fiscal 2026, net sales are expected at $5.40 billion to $5.48 billion with approximately 150 net new stores and 6%–8% comparable sales growth; adjusted diluted EPS is expected at $8.65 to $9.05; gross capital expenditures are expected at $230 million to $250 million. This outlook includes the expected impact of tariff rates currently in place through July 24, 2026, and assumes tariffs thereafter revert to rates at the start of the fiscal year. The outlook excludes the impact of tariff refunds and share repurchases.
FIVE YoY Financials
Q1 2027 vs Q1 2026, source: SEC Filings
“We are thrilled with our outstanding first quarter performance, which is a testament to the team's execution of our customer-centric strategy. The result was broad-based growth across our merchandising worlds, new and existing customers, and all demographic and geographic segments. Our continued focus on compelling newness at amazing value and great store execution are at the heart of our operating flywheel. We successfully amplified social media trends and drove outsized traffic through coordinated merchandising and marketing efforts.”
— Winnie Park, Q1 2027 Earnings Press Release
FIVE Earnings Trends
FIVE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FIVE EPS Trend
Earnings per share: estimate vs actual
FIVE Revenue Trend
Quarterly revenue: estimate vs actual
FIVE Quarterly Results
7 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $1.78 | $2.22 | +25.03% | $1.29B | +4.81% |
| Q4 26 BEAT FY | $4.00 | $4.31 | +7.63% | $1.73B | +1.04% |
| FY Full Year | — | $6.67 | — | $4.76B | — |
| Q3 26 BEAT | $0.26 | $0.68 | +165.42% | $1.04B | +5.57% |
| Q2 26 BEAT | $0.63 | $0.81 | +29.37% | $1.03B | +3.09% |
| Q1 26 BEAT | $0.83 | $0.86 | +3.34% | $970.5M | +0.42% |
| Q4 25 BEAT FY | $3.37 | $3.48 | +3.29% | $1.39B | +0.26% |
| FY Full Year | $4.93 | $5.04 | +2.15% | $3.88B | +0.48% |
| Q3 25 BEAT | $0.18 | $0.42 | +137.29% | $843.7M | +5.34% |