Description

Five Below’s Value Retail Powerhouse Push — Strong Comps, New Stores & Margin Gains Take Focus!

Five Below, Inc. reported first quarter fiscal year 2026 results that surpassed expectations, driven by a 33% increase in net sales to $1.3 billion and comparable store sales growth of 23%. The company opened 49 net new stores in the quarter, bringing the total store count to 1,970, reflecting an 8% year-over-year increase. Adjusted earnings per share reached $2.22, more than doubling compared to the prior year period, supported by operating income growth of 160% and an improved adjusted operating margin of 12%. The broad-based sales growth included positive comps in 15 of 18 merchandise departments, with particularly strong performance in games, toys, collectibles, candy, and beauty categories. The increase in transactions by 19% and average ticket by 4% illustrated strong customer traffic and engagement.