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

Five Below (NASDAQ:FIVE) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.830-10.310 for the period, compared to the consensus EPS 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 Price Performance

Shares of NASDAQ FIVE opened at $239.96 on Friday. Five Below has a 1-year low of $137.77 and a 1-year high of $263.88. The business’s 50 day moving average is $216.78 and its two-hundred day moving average is $217.58. The stock has a market capitalization of $13.27 billion, a P/E ratio of 21.54, a PEG ratio of 1.25 and a beta of 0.99.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.28. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. Five Below had a return on equity of 22.97% and a net margin of 11.65%.The company’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same period last year, the company earned $0.81 EPS. 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 9.24 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FIVE shares. Craig Hallum restated a “buy” rating and issued a $325.00 price target on shares of Five Below in a research report on Thursday. Royal Bank Of Canada downgraded shares of Five Below to a “sector perform” rating in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft set a $401.00 target price on shares of Five Below in a report on Thursday. Wolfe Research cut shares of Five Below from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 13th. Finally, BMO Capital Markets began coverage on shares of Five Below in a report on Tuesday, July 21st. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $296.20.

Five Below News Summary

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

• Positive Sentiment: Five Below reported adjusted Q2 EPS of $1.68 versus the $1.40 consensus estimate, while revenue rose 22.9% year over year to approximately $1.26 billion, ahead of expectations. Comparable sales increased 14.1%, supported by higher traffic, repeat visits and its “Rolling Thunder” product launches. Five Below fiscal 2026 second-quarter financial results
• Positive Sentiment: Management raised fiscal 2026 guidance to $5.63 billion-$5.71 billion in revenue and $9.83-$10.31 in EPS, and issued Q3 EPS guidance of $1.01-$1.13. The outlook reflects continued traffic, store growth and demand for trend-focused merchandise aimed at younger shoppers, including Gen Alpha. Five Below Q2 earnings call and raised outlook
• Positive Sentiment: The company authorized a $600 million share-repurchase program, potentially supporting per-share earnings and signaling confidence in cash generation. Analysts also raised targets, including JPMorgan’s increase to $368, Truist’s to $297 and Morgan Stanley’s to $300; Bank of America reiterated a Buy rating with a $340 target.
• Neutral Sentiment: Jim Cramer highlighted Five Below’s strong performance and customer appeal, but noted that comparable-sales growth is decelerating. He characterized the current growth rate as still impressive despite the moderation. Jim Cramer’s case for Five Below after earnings
• Negative Sentiment: The stock’s elevated valuation and decelerating comparable sales leave investors sensitive to any signs that traffic or merchandise momentum is weakening. The recent pullback after the post-earnings advance suggests some profit-taking and caution despite the favorable fundamentals.

Institutional Trading of Five Below

Several institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new stake in shares of Five Below during the third quarter valued at $32,000. iSAM Funds UK Ltd purchased a new position in Five Below in the 3rd quarter worth about $40,000. Steward Partners Investment Advisory LLC increased its stake 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 buying an additional 333 shares during the period. GW&K Investment Management LLC lifted its holdings in Five Below by 69.0% during the 4th quarter. GW&K Investment Management LLC now owns 475 shares of the specialty retailer’s stock valued at $90,000 after buying an additional 194 shares in the last quarter. Finally, Danske Bank A S bought a new stake in Five Below during the 3rd quarter valued at about $93,000.

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.