Five Below (FIVE) Q4 2025 Earnings
Adjusted EPS excludes $1.770 million in retention awards related to CEO transition (net of tax: $1.331 million, or $0.02 per share impact)
How Did FIVE Stock React to Q4 2025 Earnings?
S&P 500 over the same 30 days: +6.71%.
Did FIVE Beat Earnings? Q4 2025 Results
Yes. Five Below reported Q4 2025 earnings of $4.31 a share on Mar 18, 2026, beating the $4.00 consensus estimate by 7.6%. Revenue was $1.7B against a $1.7B estimate.
Five Below capped fiscal 2025 with a standout fourth quarter, posting adjusted diluted EPS of $4.31 and revenue of $1.73 billion that beat consensus estimates of $4.00 and $1.71 billion by 7.63% and 1.04%, respectively, as the value retailer's momentum showed little sign of slowing. The quarter's defining driver was a 15.4% comparable sales increase, which combined with 14 net new store openings to push revenue 24.3% higher year-over-year. CEO Winnie Park credited a customer-centric merchandising approach targeting Gen Alpha, Gen Z, and millennial parents, a strategy that appears to be resonating broadly across the chain's 1,921 locations in 46 states. Investor sentiment has been reflecting the improving fundamentals, with short interest declining sharply ahead of the print. Looking ahead, Five Below guided fiscal 2026 adjusted diluted EPS of $7.74 to $8.25 on net sales of $5.20 billion to $5.30 billion, though management flagged tariff exposure as a meaningful risk embedded in that outlook.
- Q4 comparable sales increase of 15.4%
- Full year comparable sales increase of 12.8%
- 8.5% year-over-year store count growth, ending Q4 with 1,921 stores in 46 states
- 14 net new stores opened in Q4; 150 net new stores opened in fiscal 2025
- Broad-based execution of customer-centric strategy
“Our outstanding fourth quarter results capped off a transformational year that firmly established Five Below as THE destination for the Kid and the Kid in all of us. These exceptional, broad-based results reflect our Crew's amazing execution of our customer-centric strategy and demonstrate the progress we've made building a stronger, more agile brand.”
Five Below CEO, on the earnings call
What Was Five Below's Outlook in Q4 2025?
For Q1 fiscal 2026, Five Below expects net sales of $1.18 billion to $1.20 billion with approximately 14% to 16% comparable sales growth, adjusted diluted EPS of $1.57 to $1.69, and approximately 45 net new store openings. For full-year fiscal 2026, the company expects net sales of $5.20 billion to $5.30 billion with 3% to 5% comparable sales growth, adjusted diluted EPS of $7.74 to $8.25, approximately 150 net new stores, and gross capital expenditures of approximately $230 million to $250 million. The outlook includes the expected impact of tariffs in place at the start of the fiscal year but does not include the impact of share repurchases.
FIVE YoY Financials
| Metric | Q4 2025 | Q4 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.7B | $1.4B | +24.3% |
| Gross Profit | $697.0M | $559.3M | +24.6% |
| Operating Income | $310.9M | $246.8M | +26.0% |
| Net Income | $238.2M | $187.5M | +27.1% |
Figures from SEC filings and company reports. Not investment advice.