From GlobeNewswire: 2025-06-04 16:01:00

Five Below, Inc. reported a 19.5% increase in net sales to $970.5 million, with a 7.1% increase in comparable sales. Q1 GAAP Diluted EPS was $0.75, and Adjusted Diluted EPS was $0.86. The company opened 55 new stores, ending the quarter with 1,826 stores. Operating income was $50.8 million.

Five Below raises its full-year 2025 sales guidance and increases the low end of the EPS guidance range. The company also announced a CFO transition, with Kristy Chipman stepping down for personal reasons. Ken Bull, COO, will serve as interim CFO. The second quarter of fiscal 2025 is expected to have net sales between $975 million to $995 million.

For the full year of Fiscal 2025, Five Below expects net sales to range from $4.33 billion to $4.42 billion, with an increase in stores and comparable sales. Net income is estimated to be between $223 million to $249 million. Adjusted net income is expected to range from $235 million to $261 million. Diluted income per common share is expected to be between $4.04 to $4.51.

A conference call to discuss the financial results for the first quarter of fiscal 2025 is scheduled for June 4, 2025, at 4:30 p.m. Eastern Time. The company provided a reconciliation of gross profit, adjusted gross profit, adjusted operating income, adjusted net income, and adjusted diluted income per common share. Five Below is a high-growth value retailer with over 1,800 stores in 44 states.



Read more at GlobeNewswire:: Five Below, Inc. Announces First Quarter Fiscal 2025