Five Below Inc
Q4 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +6.71%.
Did FIVE Beat Earnings? Q4 2026 Results
Five Below closed out fiscal 2025 with a standout fourth quarter, posting adjusted diluted EPS of $4.31 against a consensus estimate of $4.00, a beat of 7.63% that extended the discount retailer's streak of topping Wall Street expectations to four consecutive quarters. Revenue climbed 24.3% year over year to $1.73 billion, edging past the $1.71 billion consensus by 1.04%, with the outperformance anchored by a 15.4% comparable sales increase that reflected deepening resonance with its core Gen Alpha, Gen Z, and millennial parent shoppers. The company ended the quarter with 1,921 stores across 46 states, while cash and cash equivalents more than doubled to $723.70 million from $331.72 million a year earlier, signaling a meaningfully stronger balance sheet. Short interest dropped sharply in the weeks leading up to the print, a signal that bearish sentiment had been unwinding ahead of results. Looking ahead, Five Below guided full-year fiscal 2026 net sales of $5.20 billion to $5.30 billion and adjusted diluted EPS of $7.74 to $8.25, incorporating the anticipated impact of tariffs but excluding any share repurchases.
- 15.4% comparable sales increase in Q4
- 12.8% comparable sales increase for the full year
- 8.5% year-over-year store base growth to 1,921 stores
- Customer-centric strategy execution across broad-based categories
- Strong new store performance
“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
Forward Guidance & Outlook
For Q1 fiscal 2026, Five Below expects net sales of $1.18 billion to $1.20 billion with approximately 45 net new stores and a 14% to 16% comparable sales increase. Q1 adjusted diluted EPS is expected in the range of $1.57 to $1.69. For full-year fiscal 2026, net sales are expected at $5.20 billion to $5.30 billion with approximately 150 net new stores and a 3% to 5% comparable sales increase. Full-year adjusted diluted EPS is expected in the range of $7.74 to $8.25. Gross capital expenditures are expected to be approximately $230 million to $250 million. This outlook includes the expected impact of tariffs in place at the start of the fiscal year and does not include the impact of share repurchases.
FIVE YoY Financials
Figures from SEC filings and company reports. Not investment advice.