Q3 Earnings Forecast for Five Below Issued By Zacks Research

Five Below, Inc. (NASDAQ:FIVE) – Equities researchers at Zacks Research raised their Q3 2027 EPS estimates for Five Below in a research note issued on Tuesday, September 15th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $1.10 per share for the quarter, up from their prior estimate of $0.80. The consensus estimate for Five Below’s current full-year earnings is $10.56 per share. Zacks Research also issued estimates for Five Below’s FY2027 earnings at $10.12 EPS, Q2 2028 earnings at $1.85 EPS, Q3 2028 earnings at $1.35 EPS, Q4 2028 earnings at $6.30 EPS, FY2028 earnings at $11.49 EPS, Q2 2029 earnings at $2.03 EPS and FY2029 earnings at $12.57 EPS.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. Five Below had a return on equity of 22.13% and a net margin of 11.65%.Five Below’s quarterly revenue was up 22.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.81 earnings per share. 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.

Other equities analysts also recently issued reports about the company. HSBC upgraded Five Below to a “hold” rating in a research report on Tuesday, July 21st. Raymond James Financial upgraded Five Below to an “outperform” rating in a report on Tuesday, July 21st. Susquehanna downgraded shares of Five Below to a “neutral” rating in a research report on Tuesday, July 21st. Cantor Fitzgerald lowered shares of Five Below to a “neutral” rating in a report on Thursday, August 13th. Finally, Guggenheim boosted their price target on shares of Five Below from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Five Below currently has an average rating of “Moderate Buy” and an average price target of $300.70.

Five Below Trading Up 0.7%

Shares of FIVE opened at $237.68 on Thursday. The stock’s 50-day moving average price is $228.52 and its two-hundred day moving average price is $219.39. Five Below has a 12 month low of $137.77 and a 12 month high of $263.88. The company has a market capitalization of $13.08 billion, a PE ratio of 21.34, a PEG ratio of 0.91 and a beta of 0.99.

Insiders Place Their Bets

In other news, CAO Eric M. Specter sold 5,500 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $248.99, for a total transaction of $1,369,445.00. Following the completion of the sale, the chief accounting officer owned 35,482 shares of the company’s stock, valued at $8,834,663.18. This trade represents a 13.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Kenneth R. Bull sold 10,510 shares of Five Below stock in a transaction on Friday, September 4th. The shares were sold at an average price of $248.06, for a total transaction of $2,607,110.60. Following the completion of the sale, the chief operating officer owned 75,064 shares of the company’s stock, valued at $18,620,375.84. This represents a 12.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,438 shares of company stock valued at $4,580,933 in the last ninety days. 0.96% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Five Below

Large investors have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC boosted its position in shares of Five Below by 43.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,833 shares of the specialty retailer’s stock worth $509,000 after purchasing an additional 854 shares in the last quarter. Tidal Investments LLC grew its stake in shares of Five Below by 37.8% in the 2nd quarter. Tidal Investments LLC now owns 23,519 shares of the specialty retailer’s stock valued at $4,228,000 after buying an additional 6,457 shares during the period. WINTON GROUP Ltd increased its position in Five Below by 19.5% in the 2nd quarter. WINTON GROUP Ltd now owns 25,702 shares of the specialty retailer’s stock valued at $4,621,000 after buying an additional 4,190 shares in the last quarter. NewEdge Advisors LLC increased its position in Five Below by 12.2% in the 2nd quarter. NewEdge Advisors LLC now owns 3,325 shares of the specialty retailer’s stock valued at $598,000 after buying an additional 361 shares in the last quarter. Finally, Arizona State Retirement System raised its stake in Five Below by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 15,242 shares of the specialty retailer’s stock worth $2,740,000 after buying an additional 92 shares during the period.

Five Below News Roundup

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

• Positive Sentiment: Zacks raised multiple long-term earnings forecasts. Estimates increased for FY2027 EPS to $10.12 from $8.94, FY2028 to $11.49 from $9.79, and FY2029 to $12.57 from $10.67. Forecasts also rose for Q3 2027, Q2 and Q3 2028, Q4 2028, and Q2 2029, signaling improved expectations for the retailer’s future profitability.
• Positive Sentiment: The bullish revisions follow Five Below’s strong latest quarter, when revenue grew 22.9% year over year to $1.26 billion and EPS of $1.68 exceeded the $1.40 consensus estimate. Zacks has highlighted the company’s revenue and earnings-growth profile as potential support for future returns. Zacks growth stock analysis
• Positive Sentiment: Five Below’s store-expansion strategy and maintained fiscal 2026 EPS guidance of $9.83–$10.31 continue to reinforce the long-term growth narrative. The company’s previously authorized $600 million share-repurchase program may also provide support by signaling management confidence.
• Neutral Sentiment: Five Below presented at the Goldman Sachs Global Consumer and Retail Conference, but no major new guidance change or material negative announcement was reported. The event therefore offered limited immediate stock-specific direction. Goldman Sachs conference transcript
• Negative Sentiment: Some estimates moved lower: Zacks reduced Q1 2028 EPS to $1.99 from $2.14 and Q1 2029 EPS to $2.19 from $2.33. These cuts suggest near-term seasonal or operating uncertainty despite the stronger full-year outlook.
• Negative Sentiment: Chief Accounting Officer Eric Specter sold 5,500 shares for approximately $1.37 million, reducing his position by 13.42%. Additional recent executive sales and broader insider-selling activity may weigh on sentiment, particularly after Five Below’s strong rally. Eric Specter insider sale report

Five Below Company Profile

Five Below, Inc is a specialty value retailer that sells merchandise primarily designed for children, teens and preteens. Its product assortment generally includes toys, games, fashion accessories, room décor, sports equipment, technology accessories, party supplies, seasonal items and candy. The company operates under a “five and beyond” pricing concept, offering most products at affordable price points while also selling selected higher-priced items.

Founded in 2002 by David Schlessinger and Tom Vellios, Five Below has expanded from its original store base into a nationwide retail chain.