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

Five Below (NASDAQ:FIVE) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 8.650-9.050 for the period, compared to the consensus estimate of 6.690. The company issued revenue guidance of $5.4 billion-$5.5 billion, compared to the consensus revenue estimate of $4.9 billion. Five Below also updated its Q2 2026 guidance to 1.170-1.290 EPS.

Five Below Stock Down 13.8%

Five Below stock opened at $192.17 on Friday. Five Below has a twelve month low of $121.11 and a twelve month high of $251.63. The firm has a fifty day simple moving average of $224.87 and a two-hundred day simple moving average of $205.37. The company has a market capitalization of $10.63 billion, a PE ratio of 24.26, a P/E/G ratio of 1.64 and a beta of 0.97.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.45. Five Below had a return on equity of 22.09% and a net margin of 8.67%.The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the company posted $0.86 EPS. Five Below’s quarterly revenue was up 32.5% compared to the same quarter last year. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. As a group, equities analysts expect that Five Below will post 8.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded Five Below from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Wolfe Research reissued an “outperform” rating and set a $242.00 price objective on shares of Five Below in a research report on Thursday. UBS Group restated a “buy” rating and set a $285.00 price objective on shares of Five Below in a research note on Thursday. Mizuho decreased their price objective on shares of Five Below from $240.00 to $225.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Morgan Stanley lowered their price target on Five Below from $245.00 to $235.00 and set an “equal weight” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $254.25.

Insider Activity at Five Below

In related news, Director Ronald Sargent sold 10,000 shares of Five Below stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the completion of the transaction, the director directly owned 83,674 shares of the company’s stock, valued at approximately $19,352,122.72. The trade was a 10.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kenneth R. Bull sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.14, for a total value of $2,341,400.00. Following the transaction, the chief operating officer owned 92,531 shares of the company’s stock, valued at $21,665,208.34. This trade represents a 9.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.96% of the stock is owned by corporate insiders.

Five Below News Summary

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

• Positive Sentiment: Five Below reported Q1 revenue of $1.29 billion and diluted EPS of $2.21, both well ahead of expectations, with comparable sales up 22.7% and operating income more than tripling year over year. Article Title
• Positive Sentiment: Management raised full-year fiscal 2026 guidance, calling for net sales of $5.40 billion to $5.48 billion and adjusted EPS of $8.65 to $9.05, signaling confidence in continued traffic and margin momentum. Article Title
• Positive Sentiment: Analysts remained constructive after the report, with multiple firms reiterating bullish ratings and several raising price targets, reinforcing that Wall Street still sees upside despite the selloff. Article Title
• Neutral Sentiment: Commentary around the earnings call says Five Below’s traffic gains came from merchandising and marketing changes, suggesting the strategy is working but still needs more quarters of proof. Article Title
• Negative Sentiment: The stock fell because investors questioned whether recent strength can be repeated and worried about tariff assumptions embedded in guidance, even after the earnings beat. Article Title
• Negative Sentiment: Some market coverage suggests Five Below’s “squishy dumplings” and other fad-driven products may be harder to replicate, raising concerns that growth could slow in coming quarters. Article Title

Institutional Trading of Five Below

Several institutional investors and hedge funds have recently modified their holdings of FIVE. NewEdge Advisors LLC increased its position in Five Below by 143.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer’s stock valued at $82,000 after purchasing an additional 645 shares during the period. United Services Automobile Association purchased a new stake in Five Below during the first quarter worth $268,000. Empowered Funds LLC bought a new stake in Five Below during the 1st quarter valued at $1,416,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Five Below by 13.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 184,518 shares of the specialty retailer’s stock worth $13,825,000 after acquiring an additional 21,625 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of Five Below by 63.8% during the 1st quarter. Focus Partners Wealth now owns 3,858 shares of the specialty retailer’s stock worth $289,000 after purchasing an additional 1,503 shares during 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.