Five Below (FIVE) Q2 2025 Earnings
Adjusted EPS of $0.81 excludes $0.03/share in retention awards related to CEO transition and $0.01/share in non-recurring lease acquisition costs
How Did FIVE Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +2.66%.
Did FIVE Beat Earnings? Q2 2025 Results
Yes. Five Below reported Q2 2025 earnings of $0.81 a share on Aug 27, 2025, beating the $0.63 consensus estimate by 29.4%. Revenue was $1.0B against a $996.0M estimate.
Five Below delivered a blowout second quarter of fiscal 2025, posting adjusted diluted EPS of $0.81 against a Wall Street consensus of $0.63, a beat of 29.37%, as net sales climbed 23.7% year-over-year to $1.03 billion and cleared analyst estimates by 3.09%. The standout driver was a 12.4% comparable sales increase, a reflection of CEO Winnie Park's disciplined push on assortment curation, simplified pricing, and improved in-stock levels, all executed while the company navigated what management called an "ever-changing tariff environment." Thirty-two net new stores opened in the period, bringing the total to 1,858 locations across 44 states, and Five Below is bucking a broader retail trend by pressing forward with roughly 150 net new openings for the full fiscal year. Management raised its full-year outlook accordingly, now targeting net sales of $4.44 billion to $4.52 billion and adjusted diluted EPS of $4.76 to $5.16, with current tariff impacts already embedded in that guidance.
- 12.4% comparable sales increase in Q2
- 23.7% net sales growth driven by both comparable sales and new store openings
- 32 net new stores opened in Q2, ending with 1,858 stores in 44 states
- Curating Wow! newness in assortment and simplifying pricing while maintaining extreme value
- Improved in-stock levels and optimized product flow
- 11.5% increase in store count year-over-year
“We are excited to deliver second quarter results that exceeded our sales and earnings expectations. These results demonstrate the effectiveness of our strategy and are a testament to the hard work, dedication and tight collaboration of our teams across the company, especially in an ever-changing tariff environment. We have been maniacally focused on executing with excellence, specifically curating Wow! newness in our assortment, simplifying our pricing while maintaining extreme value, improving in-stock levels and optimizing product flow. Importantly, our results demonstrate that our customers are recognizing us as the destination for fun at great value for the KID and the KID in all of us.”
Five Below CEO, on the earnings call
What Was Five Below's Outlook in Q2 2025?
Five Below raised its full-year fiscal 2025 guidance. For Q3, net sales are expected in the range of $950 million to $970 million with approximately 50 net new stores and 5% to 7% comparable sales growth. Q3 adjusted diluted EPS is expected to be $0.12 to $0.24. For the full year, net sales are expected in the range of $4.44 billion to $4.52 billion based on approximately 150 net new stores and 5% to 7% comparable sales growth. Full-year adjusted diluted EPS is expected to be $4.76 to $5.16. Gross capital expenditures are expected to be approximately $210 million. Guidance includes the expected impact of tariffs currently in place.
FIVE YoY Financials
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.0B | $830.0M | +23.7% |
| Gross Profit | $342.4M | $271.8M | +26.0% |
| Operating Income | $52.4M | $41.5M | +26.2% |
| Net Income | $42.8M | $33.0M | +29.6% |
Figures from SEC filings and company reports. Not investment advice.