Five Below (NASDAQ:FIVE) Updates Q3 2026 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.010-1.130 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Five Below also updated its FY 2026 guidance to 9.830-10.310 EPS.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on FIVE shares. BMO Capital Markets began coverage on Five Below in a report on Tuesday, July 21st. They issued an “outperform” rating on the stock. Citigroup upped their price objective on shares of Five Below from $235.00 to $265.00 and gave the stock a “neutral” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft set a $401.00 price objective on shares of Five Below in a research note on Thursday. Loop Capital cut shares of Five Below from a “buy” rating to a “hold” rating and set a $250.00 price objective for the company. in a report on Tuesday, August 25th. Finally, Morgan Stanley boosted their target price on shares of Five Below from $235.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $296.20.

Five Below Stock Down 1.3%

Shares of NASDAQ:FIVE opened at $239.96 on Friday. The stock has a market cap of $13.27 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 1.25 and a beta of 0.99. Five Below has a 12-month low of $137.77 and a 12-month high of $263.88. The business’s 50 day moving average is $216.78 and its 200 day moving average is $217.58.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate 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 22.97% and a net margin of 11.65%.Five Below’s revenue was up 22.9% compared to the same quarter last year. During the same quarter in the prior year, the company 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. As a group, equities research analysts expect that Five Below will post 9.24 earnings per share for the current year.

Trending Headlines about Five Below

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 company. Rothschild Wealth LLC bought a new stake in Five Below in the fourth quarter worth about $201,000. Aster Capital Management DIFC Ltd bought a new position in shares of Five Below during the 4th quarter valued at approximately $175,000. Kestra Advisory Services LLC purchased a new stake in shares of Five Below during the 4th quarter worth approximately $173,000. UMB Bank n.a. increased its stake in shares of Five Below by 20.9% during the 4th quarter. UMB Bank n.a. now owns 717 shares of the specialty retailer’s stock worth $135,000 after purchasing an additional 124 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Five Below by 17.5% in the 3rd quarter. Parallel Advisors LLC now owns 625 shares of the specialty retailer’s stock worth $97,000 after purchasing an additional 93 shares during the period.

About Five Below

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.