Five Below Inc
Q3 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +0.76%.
Did FIVE Beat Earnings? Q3 2026 Results
Five Below delivered a blowout third quarter of fiscal 2025, posting adjusted diluted EPS of $0.68 against a consensus estimate of $0.26, a beat of 165.42%, while revenue of $1.04 billion topped expectations by 5.57% and climbed 23.1% year over year. The standout driver behind the quarter was a 14.3% comparable sales increase, which combined with 49 net new store openings to push the company past the $1.00 billion sales threshold for the second consecutive quarter. GAAP operating income swung to $43.30 million from an operating loss of $606,000 in the year-ago period, reflecting both the strong top-line momentum and the absence of a $21.21 million non-recurring inventory write-off that had weighed on results a year earlier. Shares jumped roughly 3.5% following the report, reaching a new 52-week high. Looking ahead, Five Below raised its full-year fiscal 2025 outlook, now guiding net sales of $4.62 billion to $4.65 billion and adjusted diluted EPS of $5.71 to $5.89, with approximately 150 net new store openings underpinning the growth trajectory.
- 14.3% comparable sales increase in Q3
- Strong execution of customer-centric strategy with trend-right merchandise at exceptional value
- Compelling marketing campaigns driving customer engagement
- 49 net new store openings in the quarter, ending with 1,907 stores
- Absence of prior-year $21.2 million non-recurring inventory write-off improved year-over-year comparisons
“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
Forward Guidance & Outlook
Five Below raised its full-year fiscal 2025 outlook. For Q4, the company expects net sales of $1.58B to $1.61B with comparable sales growth of 6%–8%, and adjusted diluted EPS of $3.36 to $3.54 on approximately 55.6 million diluted shares. For the full year, net sales are expected at $4.62B to $4.65B based on approximately 150 net new store openings and a 9.4%–10.1% comparable sales increase. Full-year adjusted diluted EPS is expected at $5.71 to $5.89 and gross capital expenditures approximately $200 million. The outlook includes the expected impact of tariffs currently in place but excludes potential share repurchases.
FIVE YoY Financials
Figures from SEC filings and company reports. Not investment advice.