Five Below Inc (FIVE)

Five Below Shares Drop Despite Earnings Beat and Raised Outlook (FIVE)June 4, 2026 6:35 AM
IH Market News Five Below Inc. (NASDAQ:FIVE) came under pressure in premarket trading on Thursday, with shares falling around 12% despite reporting first-quarter results that comfortably exceeded Wall Street expectations and issuing upbeat guidance for the remainder of the year. The discount retailer delivered adjusted earnings per share of $2.22, outperforming analyst forecasts of $1.69. Revenue rose 32.5% year-on-year to $1.29 billion, ahead of the $1.2 billion consensus estimate, while comparable sales increased by 22.7% during the quarter. Management attributed the strong performance to broad-based demand across its product categories and customer base. “We are thrilled with our outstanding first quarter performance, which is a testament to the team’s execution of our customer-centric strategy,” said Chief Executive Officer Winnie Park. “The result was broad-based growth across our merchandising worlds, new and existing customers, and all demographic and geographic segments.” The company also delivered a significant improvement in profitability. Operating income climbed to $154.2 million from $50.8 million in the same period last year, reflecting stronger sales volumes and improved operating leverage. During the quarter, Five Below opened 49 net new stores and ended the period with 1,970 locations across 46 U.S. states, representing a year-on-year increase in store count of nearly 8%. Full-Year Forecast Raised Looking ahead, Five Below raised its expectations for fiscal 2026 and continues to anticipate strong growth across both sales and earnings. The retailer now expects adjusted earnings per share of between $8.65 and $9.05 for the full year, implying a midpoint of $8.85. Revenue is forecast to range from $5.40 billion to $5.48 billion, with the midpoint of $5.44 billion supported by plans to open approximately 150 net new stores and deliver comparable sales growth of 6% to 8%. For the second quarter, management expects adjusted earnings per share of $1.17 to $1.29 and revenue of between $1.18 billion and $1.20 billion. The outlook assumes comparable sales growth of 7% to 9% and roughly 50 additional store openings. The company noted that its forecasts incorporate currently enacted tariff rates through July 24, 2026, while assuming that tariffs revert to the levels in place at the start of the fiscal year thereafter. Analysts Debate Sustainability of Growth Despite the strong quarterly performance, some analysts questioned whether the exceptional growth seen in the first quarter can be maintained throughout the remainder of the year. Bernstein analysts highlighted the possibility that management’s guidance may still prove conservative given the scale of the earnings beat. “Given the recent momentum, the updated guide may still prove to be conservative. In particular, if the company manages to meet or beat its Q2 comp guide, it will be able to reach the high end of the full-year guide even with very muted comp in H2,” the analysts said. The brokerage believes future comparable sales trends will be a key indicator of whether recent improvements are sustainable. “We see meaningful upside potential if FIVE manages to continue to comp positive in H2, which will be an indication that its strong momentum is sustainable, led by fundamental improvements in merchandising and marketing that result in stronger pricing power… Conversely, we see downside if comp turns negative especially going into Q4,” Bernstein added. While the market reacted negatively in the short term, the company’s results underscored continued momentum across both existing stores and new locations, supported by customer growth, expanding store coverage and improving operational performance. More About Five Below Five Below is a U.S.-based specialty discount retailer focused on offering trend-driven merchandise at value-oriented price points. The company targets younger consumers and families through a broad assortment of products spanning toys, technology accessories, beauty, sports, home décor, snacks and seasonal items. Operating nearly 2,000 stores across the United States, Five Below continues to pursue an aggressive expansion strategy while investing in merchandising, marketing and customer engagement initiatives designed to drive long-term sales growth and market share gains. Five Below stock price Original: Five Below Shares Drop Despite Earnings Beat and Raised Outlook (FIVE)

PT > $230.

Morgan Stanley Upgrades Five Below to Overweight, Announces $230 Price Target
6:17 am ET October 7, 2021 (Benzinga) Print
Morgan Stanley analyst Simeon Gutman upgrades Five Below (NASDAQ:FIVE) from Equal-Weight to Overweight and announces $230 price target.

Latest Ratings for FIVE DateFirmActionFromTo

Oct 2021Morgan StanleyUpgradesEqual-WeightOverweight Aug 2021Telsey Advisory GroupMaintainsOutperform Aug 2021Morgan StanleyDowngradesOverweightEqual-Weight

FIVE

$FIVE | #FiveBelow --> Long Five Below Into #Earnings



Potential entry above $117.50
Targets price $129
Potential resistance at Gap Fill @$120

News; $FIVE Five Below (FIVE) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool. Five Below   (NASDAQ: FIVE) Q2 2020 Earnings Call Sep 02, 2020 , 4:30 p.m. ET Operator Continue reading

Find out more FIVE - Five Below (FIVE) Q2 2020 Earnings Call Transcript

News; $FIVE Five Below Has Some Big Questions to Answer for Investors This Week

Investors' attitudes about Five Below   (NASDAQ: FIVE) have improved sharply in the last few months. While the stock is still trailing the market in 2020, its losses are much improved from the 60% declines Wall Street saw in mid-March. The retailer's subsequent rally will be put to the t...

Got this from FIVE - Five Below Has Some Big Questions to Answer for Investors This Week

Growth is good

Another point of interest from the business channel about Amazon. They, meaning Amazon, is discontinuing lower priced items. Claim they can't make enough money on those items to even carry them in stock. This is "FIVE'S sweet spot.

Get ready for a huge run in 2019. I see $150.00 a share in 2019.

A christmas present come early

For the full year, our Zacks Consensus Estimates are projecting earnings of $2.63 per share and revenue of $1.56 billion, which would represent changes of +46.93% and +21.66%, respectively, from the prior yea

Anyone interested in this stock should find this article of great interest. Long term two factors stick look very good to me. One, shoppers find the stores a great and interesting place to shop for less expensive items. Kind of Amazon proof!!. Two, the growth moving forward, 745 stores with 2500 coming in the next 2 years. 30+% margins. Seems like a really good combination.

https://marketrealist.com/2018/12/five-below-evaluating-the-target-price-changes

Seems to me FIVE s a real bargain at these levels!!

FIVE buy 99.035

it's like a dollar store and a novelty store together with better stuff $5 instead of just $1
good deals on headphones and small electronics when I visited
bulk candy, exercise equipment, super cheerful helpful staff, store music
wide open orderly layout with room, unique neat selection, products with high profit potential
have a lot of retail store work experience, this is a good store

buying covered calls on margin makes 15.7% a month or 5.25x a year compounded
this is whatever large funds are used and even if the stock goes nowhere
but the SCTR is above 50 so it is at least mildly bullish
great timing with stochastics in lower boundary at the gap up area but this is not really required here with this more relaxed method
perfect stock for covereds that cost a lot so it seems boring and keeps flippers away



https://www.fivebelow.com
























normal chart




log chart

Moved up 22% after earnings? Is this a buy still?

Anyone been following FIVE?

Good ER but PE getting up there.

Book value laughable $5 / P/E 40 = Fantastic Short opp ,near term tgt $30-33 in long term it will be below $10 .mark this

Our Five Below $FIVE fundamental analysis highlights stock's 10% undervalued b4 earnings Wednesday:

Fair Value Source

KeyBanc started Five Below $FIVE at Overweight today. Valuation models imply it's undervalued: analysis

Bull

* * $FIVE Video Chart 12-05-14 * *

Link to Video - click here to watch the technical chart video

$FIVE Five Below: The 3Q Release Will Favor The Bears, But It Should Present A Buying Opportunity, Says UBS http://www.smarteranalyst.com/2014/12/05/five-below-the-3q-release-will-favor-the-bears-but-it-should-present-a-buying-opportunity-says-ubs/

Negative SA article.

Seems to cover new ground in that it highlights why consensus view of 2,000+ stores over time is exaggerated by company and 1,300 is more realistic.

http://seekingalpha.com/article/2587285-five-belows-fair-value-is-only-27-long-term-unit-potential-is-around-1300-stores-not-2000

Do you still think Seeking Alpha has it right as it relates to FIVE?

http://seekingalpha.com/article/1489812-five-below-overvalued-and-unproven?source=yahoo

"Five Below is currently trading at 54 times forward earnings, well above its competitors whom trade around 15-18 times forward earnings. Should we see comparable same store sales continue to slow, in combination with any hints of a store growth slowdown, multiple contraction would be devastating to shareholders. Best case, if the company was able to successfully dominate new markets with additional stores the company would then be just fairly valued. Such high valuations are rarely reserved for companies selling Snickers and cheap iPhone cases."

"As the economy starts to turn around and income rise, I would expect the declines to continue."

I love the store. And, expecting to invest after rebalance.

Latest Shares Outstanding (mil) 65.9

$FIVE - Okaayyy, i'm reloaded got in at 30.06 avg yesterday

$FIVE chart looks very bullish

all indicators are turning up again. very nice uptrend

$FIVE is making a strong bounce off the MA 50... up another 3.5% today long and strong here!

FIVE - I agree. This stock looks nice. I'm in long for this one :)

I'm back in nice bounce off the MA 50

it's a double top chart.. i'm expecting a pull back here

Thanks!

the kids around here love this store...

In the next few more days expect more upside. At this point on the next long day...I would take profits off the table and keep your initial investment in until further notice.

High five!

Nice!FIVE

new highs today i love this company! i will post why later

loaded some this morning and will be holding long

FIVE - I've been keeping my eye on this stock -- looking great!

great IPO...

holding steady as she goes.

Wow. I guess so.

Nevermind! Lol

You think that will happen today?

Agreed. I will buy when it drops down to $13.

$17.00....BS!!

Exactly....

I didn't mean to reference that it is similiar to WAL-MART.

It isn't.

Dollar General or Dollar Tree is it's niche audience.

Perfect for getting the kids out of the house and picking up something for them cheaply.

Kids need attention...if I can five something for under $5 bucks to keep them occupied for a few hours...I am there.

From the Form S-1 Filing:

PROSPECTUS SUMMARY
This summary highlights information contained elsewhere in this prospectus. It does not contain all of the information that may be important to you and your investment decision. You should carefully read this entire prospectus, including the matters set forth under “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our financial statements and related notes included elsewhere in this prospectus. In this prospectus, unless the context otherwise requires, references to “Five Below,” the “Company,” “we,” “us” and “our” refer to Five Below, Inc. Numbers may not sum due to rounding.
Overview
Five Below is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the aspirational teen and pre-teen customer. We offer a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of categories, which we refer to as “worlds”: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal (which we refer to as “Now”). We believe we are transforming the shopping experience of our target demographic with a unique merchandising strategy and high-energy retail concept that our customers consider fun and exciting. Our compelling value proposition and the dynamic nature of our merchandise offering appeal to teens and pre-teens, as well as customers across a variety of age groups beyond our target demographic.
Five Below was founded in 2002 by our Executive Chairman, David Schlessinger, and our President and Chief Executive Officer, Thomas Vellios, who recognized a market need for a fun and affordable shopping destination aimed at our target customer. We opened the first Five Below store in 2002 and have since been expanding across the eastern half of the U.S. At the end of fiscal 2011, we operated a total of 192 locations across 16 states. Our stores average approximately 7,500 square feet and are typically located within power, community and lifestyle shopping centers across a variety of urban, suburban and semi-rural markets. We plan to open approximately 50 stores in 2012, and we believe we have the opportunity to grow our store base to more than 2,000 locations over time.
We believe our powerful business model has resulted in strong financial performance irrespective of the economic environment:

•
We have achieved positive comparable store sales during each of the last 23 fiscal quarters.


•
Our comparable store sales increased by 12.1% in fiscal 2009, 15.6% in fiscal 2010 and 7.9% in fiscal 2011 with positive comparable store sales performance across all geographic regions and store-year classes.


•
Over the past two fiscal years, we expanded our store base from 102 stores to 192 stores, representing a compound annual growth rate of 37.2%.


•
Between fiscal 2009 and 2011, our net sales increased from $125.1 million to $297.1 million, representing a 54.1% compound annual growth rate.


•
Over the same period, our operating income increased from $6.9 million to $26.2 million, representing a compound annual growth rate of 95.3%.

http://www.sec.gov/Archives/edgar/data/1177609/000119312512166860/d333840ds1.htm

I agree. I really like this business model. I think it is closer to a Dollar General company model than Wal-Mart, but it has just started it's expansion.

I have a feeling this is going to storm through the nation.

Think about Wal-Mart and Targets toy sections, they are pretty lame.

Toys R Us is just too darn expensive in any economic times.

The old KB Toys of yesteryear doesn't exist anymore. (use to love that store)

If I was young and my great grandmother was still around this would be the place we would visit every week, besides McDonalds, of course.

Let's see how this goes with the IPO.

George W Rasmussen

As the Black Eyed Peas would say, "I gotta feeling."

Five Below
General Information
Business: Five Below is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the aspirational teen and pre-teen customer. We offer a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of our category worlds: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal (which we refer to as “Now”).
Industry: RETAIL-VARIETY STORES
Employees: 2,960 Founded: 2002
Contact Information
Address: 1818 Market Street, Suite 1900, Philadelphia, PA 19103, US
Phone: 215-546-7909
Web Address: www.fivebelow.com
View Prospectus: Five Below
Financial Information
Market Cap: $ 701.5 mil
Revenues: $ 321.5 mil (last 12 months)
Net Income: $ 13.9 mil (last 12 months)
IPO Profile
Symbol: FIVE
Shares (millions): 9.6
Price Range: $12.00 - $14.00
Est.$ Volume $ 125.0 mil
Manager / Joint Managers Goldman, Sachs/ Barclays/ Jefferies
Co Managers Credit Suisse/ Deutsche Bank Securities/ UBS Investment Bank/ Wells Fargo Securities
Expected to Trade 7/19/2012
Status Thursday
SCOOP RATING Available only to Subscribers
RATING CHANGE Available only to Subscribers