Five Below (NASDAQ:FIVE) Issues Q2 2026 Earnings Guidance

Five Below (NASDAQ:FIVE) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.170-1.290 for the period, compared to the consensus EPS estimate of 1.100. 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 8.650-9.050 EPS.

Five Below Price Performance

Five Below stock opened at $192.17 on Friday. The stock’s 50 day moving average price is $224.87 and its 200 day moving average price is $205.37. Five Below has a 1-year low of $121.11 and a 1-year high of $251.63. The company has a market cap of $10.63 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 1.64 and a beta of 0.97.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.45. Five Below had a return on equity of 22.09% and a net margin of 8.67%.The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the business posted $0.86 earnings per share. Five Below’s 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. On average, equities research analysts anticipate that Five Below will post 8.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FIVE shares. Guggenheim increased their price target on shares of Five Below from $225.00 to $260.00 and gave the company a “buy” rating in a report on Friday, March 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Five Below from $247.00 to $287.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Mizuho dropped their target price on shares of Five Below from $240.00 to $225.00 and set a “neutral” rating for the company in a report on Thursday. Telsey Advisory Group lifted their price target on shares of Five Below from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. Finally, Wells Fargo & Company boosted their price target on Five Below from $220.00 to $260.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $254.25.

Insider Activity

In other news, Director Ronald Sargent sold 10,000 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the completion of the sale, the director owned 83,674 shares in the company, valued at approximately $19,352,122.72. The trade was a 10.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Kenneth R. Bull sold 10,000 shares of the firm’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 transaction of $2,341,400.00. Following the completion of the transaction, the chief operating officer owned 92,531 shares in the company, valued at $21,665,208.34. The trade was a 9.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.96% of the company’s stock.

Key Five Below News

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 Investors Weigh In On Five Below

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

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.