Five Below (NASDAQ:FIVE) Issues FY 2026 Earnings Guidance

Five Below (NASDAQ:FIVE) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 9.830-10.310 for the period, compared to the consensus earnings per share estimate of 6.690. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $4.9 billion. Five Below also updated its Q3 2026 guidance to 1.010-1.130 EPS.

Five Below Trading Down 0.8%

Shares of NASDAQ FIVE traded down $2.00 during midday trading on Wednesday, hitting $243.08. The company’s stock had a trading volume of 1,861,891 shares, compared to its average volume of 1,167,294. The stock has a fifty day moving average price of $214.60 and a 200 day moving average price of $217.04. Five Below has a one year low of $137.77 and a one year high of $263.88. The firm has a market capitalization of $13.44 billion, a price-to-earnings ratio of 30.69, a P/E/G ratio of 1.28 and a beta of 0.99.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, topping the consensus estimate of $1.40 by $0.28. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the firm earned $0.81 EPS. Five Below’s revenue for the quarter was up 22.9% on a year-over-year basis. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. On average, equities research analysts predict that Five Below will post 9.19 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on FIVE. Susquehanna lowered Five Below to a “neutral” rating in a report on Tuesday, July 21st. Jefferies Financial Group reissued a “buy” rating on shares of Five Below in a report on Tuesday. BMO Capital Markets began coverage on Five Below in a research note on Tuesday, July 21st. They issued an “outperform” rating for the company. JPMorgan Chase & Co. lifted their target price on Five Below from $296.00 to $306.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wall Street Zen upgraded Five Below from a “hold” rating to a “buy” rating in a research report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $267.45.

Key Five Below News

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Five Below reported fiscal Q2 net sales of approximately $1.26 billion, a 22.9% year-over-year increase, while comparable sales rose 14.1%. GAAP diluted EPS reached $3.99, and adjusted diluted EPS was $1.68 versus the $1.40 consensus estimate. Five Below fiscal 2026 second-quarter results
• Positive Sentiment: Management raised its fiscal 2026 sales forecast to $5.63 billion-$5.71 billion from $5.40 billion-$5.48 billion previously. Full-year diluted EPS guidance was increased to $12.10-$12.58, and third-quarter sales are expected to reach $1.21 billion-$1.23 billion. Five Below raises outlook as sales gain
• Positive Sentiment: The retailer opened 52 net new stores during the quarter and ended the period with 2,022 locations across 46 states, supporting continued revenue expansion. Five Below also authorized a new $600 million share-repurchase program, which could provide support for earnings per share and shareholder returns. Five Below Q2 sales and earnings report
• Neutral Sentiment: Institutional positioning was mixed in the latest quarter: Wellington Management and Sixth Street Partners added significant holdings, while D. E. Shaw, American Century, Capital World and other investors reduced positions. This creates an uncertain signal for near-term trading.
• Negative Sentiment: Reported insider activity over the past six months was weighted toward selling, with several executives and directors selling shares. Although insider transactions do not necessarily reflect the company’s operating outlook, they may temper some investor enthusiasm.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FIVE. AQR Capital Management LLC increased its position in shares of Five Below by 176.0% in the fourth quarter. AQR Capital Management LLC now owns 1,168,832 shares of the specialty retailer’s stock worth $220,161,000 after purchasing an additional 745,272 shares during the last quarter. Marshall Wace LLP raised its stake in Five Below by 54.6% in the fourth quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock valued at $336,254,000 after purchasing an additional 630,710 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in Five Below during the fourth quarter valued at approximately $100,884,000. Wellington Management Group LLP lifted its position in Five Below by 149.0% during the third quarter. Wellington Management Group LLP now owns 848,105 shares of the specialty retailer’s stock valued at $131,202,000 after purchasing an additional 507,487 shares during the last quarter. Finally, Invesco Ltd. grew its stake in Five Below by 108.0% in the 4th quarter. Invesco Ltd. now owns 886,154 shares of the specialty retailer’s stock worth $166,916,000 after buying an additional 460,112 shares in the last quarter.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.