Five Below (FIVE) Q3 2025 Earnings
Adjusted EPS of $0.68 excludes $0.02 per share in retention awards related to CEO transition equity grants. GAAP EPS of $0.66 includes these charges.
How Did FIVE Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: +0.76%.
Did FIVE Beat Earnings? Q3 2025 Results
Yes. Five Below reported Q3 2025 earnings of $0.68 a share on Dec 3, 2025, beating the $0.26 consensus estimate by 165.4%. Revenue was $1.0B against a $983.5M estimate.
Five Below posted a blowout third quarter of fiscal 2025, with adjusted diluted EPS of $0.68 clearing the $0.26 consensus estimate by 165.42% and net sales of $1.04 billion topping expectations by 5.57% while climbing 23.1% year over year. The engine behind the outperformance was a powerful 14.3% comparable-store sales increase, paired with 49 net new store openings that lifted the total store count to 1,907 locations across 44 states. Gross profit expanded to $351.42 million from $258.04 million a year ago as improved merchandise margins amplified the top-line momentum, and operating income swung to $43.30 million from a near-breakeven loss in the prior-year period. Shares climbed to a new 52-week high in the session following the report, reflecting broad investor enthusiasm for the results. Buoyed by the quarter's execution, management raised its full-year fiscal 2025 outlook, now guiding for net sales of $4.62 billion to $4.65 billion and adjusted diluted EPS of $5.71 to $5.89, with the forecast incorporating the anticipated impact of tariffs currently in place.
- 14.3% comparable sales increase in Q3
- 49 net new stores opened in Q3, reaching 1,907 stores in 44 states
- Trend-right merchandise at exceptional value
- Compelling marketing campaigns driving customer engagement
- Improved gross margins and strong top-line growth
“We are thrilled to report third quarter results that surpassed our expectations, marking our second consecutive quarter of over $1 billion in sales and robust double-digit same-store sales growth. This outstanding performance reflects our Crew's great execution of our customer-centric strategy: delivering trend-right merchandise at exceptional value, connecting with our customers through compelling marketing campaigns, and creating amazing shopping experiences that truly resonate.”
Five Below CEO, on the earnings call
What Was Five Below's Outlook in Q3 2025?
Five Below raised its full-year fiscal 2025 guidance. For Q4, net sales are expected to be $1.58 billion to $1.61 billion with comparable sales growth of approximately 6% to 8%, and adjusted diluted EPS of $3.36 to $3.54. For the full year, net sales are expected to be $4.62 billion to $4.65 billion with comparable sales growth of approximately 9.4% to 10.1%, and adjusted diluted EPS of $5.71 to $5.89. Gross capital expenditures are expected to be approximately $200 million. The company plans to open approximately 150 net new stores. This outlook includes the expected impact of tariffs currently in place.
FIVE YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.0B | $843.7M | +23.1% |
| Gross Profit | $351.4M | $258.0M | +36.2% |
| Operating Income | $43.3M | $589,501 | +7,246.0% |
| Net Income | $36.5M | $1.7M | +2,063.9% |
Figures from SEC filings and company reports. Not investment advice.