Five Below

FIVE Q3 2025 Earnings

Reported Dec 4, 2024 at 4:22 PM ET · SEC Source

Q3 25 EPS

$0.42

BEAT +137.29%

Est. $0.18

Q3 25 Revenue

$843.7M

BEAT +5.34%

Est. $801.0M

vs S&P Since Q3 25

+38.3%

BEATING MARKET

FIVE +61.4% vs S&P +23.1%

Market Reaction

Did FIVE Beat Earnings? Q3 2025 Results

Five Below delivered a sharply better-than-expected third quarter, with adjusted diluted EPS of $0.42 clearing the $0.18 consensus estimate by 137.29% and revenue of $843.71 million beating expectations by 5.34% while climbing 14.6% year over year. T… Read more Five Below delivered a sharply better-than-expected third quarter, with adjusted diluted EPS of $0.42 clearing the $0.18 consensus estimate by 137.29% and revenue of $843.71 million beating expectations by 5.34% while climbing 14.6% year over year. The primary engine behind the top-line surge was an aggressive store expansion strategy, with a record 82 new locations opened during the quarter, lifting the total footprint to 1,749 stores across 44 states and an 18.1% year-over-year increase in store count, with new store performance exceeding internal expectations. A comparable sales improvement to positive 0.6% also offered encouragement after a negative 2.6% comp trend on a year-to-date basis. The quarter's momentum extended beyond the results themselves, as the company named Winnie Park, a retail veteran with over 30 years of experience, as its incoming CEO effective December 16, with shares rising on the announcement alongside an upbeat Black Friday readout. Looking ahead, Five Below raised its full-year adjusted EPS guidance to $4.78 to $4.96, projecting net sales of $3.84 billion to $3.87 billion across approximately 227 net new stores.

Key Takeaways

  • Stronger performance across a broader group of merchandise worlds compared to Q2
  • Positive results from initiatives to add newness and deliver value in key categories
  • Improved operational execution
  • Record 82 new store openings with performance surpassing expectations
  • 0.6% comparable sales increase
  • 14.6% net sales growth driven by 18.1% store count increase
24/7 Wall St

FIVE YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

“We are pleased to report third quarter results that exceeded our outlook. We delivered stronger performance across a broader group of our merchandise worlds compared to the second quarter and improved our operational execution. We were encouraged to see the positive results from the initiatives we undertook to add newness and deliver value in key categories. We opened a record 82 new stores during this period with new store performance also surpassing our expectations. Our merchant and operational teams across the organization are focused on our key priorities of product, value and store experience, and I want to thank them for their efforts in delivering these results.”

— Ken Bull, Q3 2025 Earnings Press Release