Five Below stock soars on strong Q1 results, raised outlook, plans to open more stores.

From Yahoo Finance: 2025-06-05 10:18:00

Five Below exceeded Q1 profit and sales forecasts, reporting adjusted EPS of $0.86 on revenue of $970.5 million. Same-store sales grew 7%, with CEO Winnie Park attributing the increase to transaction-driven growth and strong new store performance. The discount retailer plans to open 30 more locations this quarter.

Five Below added 55 new stores in Q1 and expects to add 30 more this quarter. The company raised its 2025 outlook and anticipates full-year adjusted EPS of $4.25 to $4.72, up from previous estimates. Shares of Five Below surged 7% following the positive results and increased guidance, trading at their highest level in over a year.

Read more: Five Below Stock Soars on Discount Retailer’s Strong Results, Raised Outlook