Five Below (NASDAQ:FIVE) Releases Q3 2026 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.010-1.130 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Five Below also updated its FY 2026 guidance to 9.830-10.310 EPS.

Five Below Stock Performance

Shares of NASDAQ:FIVE traded down $2.00 during midday trading on Wednesday, hitting $243.08. 1,861,891 shares of the company’s stock traded hands, compared to its average volume of 1,167,294. Five Below has a twelve month low of $137.77 and a twelve month high of $263.88. The firm’s fifty day moving average price is $214.60 and its two-hundred day moving average price is $217.04. The company has a market cap of $13.44 billion, a PE 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 results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.28. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was up 22.9% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Five Below will post 9.19 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Raymond James Financial upgraded Five Below to an “outperform” rating in a report on Tuesday, July 21st. Benchmark initiated coverage on shares of Five Below in a research note on Thursday, August 13th. They set a “buy” rating on the stock. Susquehanna cut shares of Five Below to a “neutral” rating in a report on Tuesday, July 21st. Weiss Ratings downgraded shares of Five Below from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, BNP Paribas Exane cut shares of Five Below from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat, Five Below has a consensus rating of “Moderate Buy” and a consensus target price of $267.45.

Five Below News Roundup

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 Investors Weigh In On Five Below

A number of institutional investors have recently modified their holdings of FIVE. Advisory Services Network LLC acquired a new stake in shares of Five Below during the 3rd quarter valued at $32,000. iSAM Funds UK Ltd bought a new stake in Five Below during the 3rd quarter worth $40,000. NewEdge Advisors LLC increased its holdings in Five Below by 143.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer’s stock worth $82,000 after purchasing an additional 645 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Five Below by 314.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 439 shares of the specialty retailer’s stock worth $83,000 after purchasing an additional 333 shares in the last quarter. Finally, GW&K Investment Management LLC raised its position in Five Below by 69.0% in the fourth quarter. GW&K Investment Management LLC now owns 475 shares of the specialty retailer’s stock valued at $90,000 after purchasing an additional 194 shares during the last quarter.

About Five Below

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.