Five Below: Strong Q1 Comparable Sales
From Yahoo Finance: 2025-06-05 17:55:00
Five Below exceeded analyst expectations with strong comparable sales growth of 7.1%. Revenue increased by 19.5%, and adjusted EPS rose by 43%. Despite economic uncertainty and tariffs, the company remains resilient. The stock price rose 2% after-hours. The company expects solid growth in the second quarter, with 55 new stores opening.
Five Below’s first-quarter results were robust, with 7.1% comparable sales growth and 19.5% revenue increase. The company plans to open 30 new stores and projects 7-9% comparable sales growth for the second quarter. Full-year expectations include 3-5% comparable sales growth, 150 net new stores, and revenue between $4.33 billion and $4.42 billion.
While tariffs and economic uncertainty have not yet impacted Five Below significantly, the situation remains fluid. The company sources 60% of purchases from domestic vendors but remains exposed to tariffs. Investors should monitor the impact of potential trade deals on costs. The company’s management will discuss the outlook further in an earnings call.
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