Five Below sales, earnings surge as comps jump 15.4%; to open 150 stores
Five Below reported strong fourth-quarter earnings and sales that topped estimates and gave a positive forecast for this year as its value proposition draws younger shoppers across all income levels.
The tween- and teen-focused value retailer said its fourth-quarter results included its strongest holiday performance since becoming a public company. On the earnings call, CEO Winnie Park said the company saw strength across all its merchandising worlds, all vintages of stores and across all income cohorts.
“We drove both traffic and ticket growth resulting from improved marketing, amazing new product packed with compelling value, better in-store execution, and positive customer response to our simplified pricing strategy,” Park told analysts.
Five Below plans to open 150 new stores this year, the same as it did in 2025.
Fourth Quarter
Five Below reported net income of $238.2 million, with earnings per share of $4.28, for the quarter ended Jan. 31, compared compared to $187.5 million and earnings per share $3.39 in the year-ago period. Adjusted earnings per share were $4.31 compared to $3.48 in the fourth quarter of fiscal 2024 and topping Street estimates of $3.96 per share.
Net sales jumped 24.3% to $1.73 billion, ahead of estimates of $1.71 billion. Comparable sales increased by 15.4%.
"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,” Park stated in the earnings release. “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."
Full Year
Five Below’s net sales in 2025 increased by 22.9% to $4.76. Comparable sales increased by 12.8%.
Net income was $358.6 million compared to $253.6 million in fiscal 2024. Adjusted net income was $369.9 million compared to $277.8 million in fiscal 2024. Adjusted diluted income per common share was $6.67 compared to $5.04 in fiscal 2024.
The company expects full-year earnings to range from $7.74 to $8.25 per share adjusted, with net sales from $5.2 billion to $5.3 billion. Comparable sales are expected to rise 3% to 5%.
‘Looking ahead, we are focused on delivering trend-right merchandise at exceptional value, deepening our connectivity with our customers, and providing amazing shopping experiences that delight our customers,” Park stated. “With a growing store base, strong new store performance, and a differentiated customer value proposition, we believe we are well positioned to drive sustainable sales growth, margin expansion and long-term shareholder value.”
Five Below ended the quarter with 1,921 stores in 46 states.
