Five Below, Inc. reported a 23.1% increase in Q3 net sales to $1.0 billion with a 14.3% rise in comparable sales. The company opened 49 net new stores, ending the quarter with 1,907 stores. Q3 GAAP diluted EPS was $0.66, adjusted diluted EPS was $0.68. Full-year 2025 sales and EPS outlook increased.

For the year to date period ended November 1, 2025, net sales increased by 22.1% to $3.04 billion with a comparable sales increase of 11.3%. The company opened 136 net new stores. Operating income was $146.5 million, adjusted operating income was $159.8 million. Net income was $120.4 million, adjusted net income was $130.2 million.

Five Below raised its guidance for Q4 and full-year fiscal 2025. For Q4, net sales are expected to be $1.58 billion to $1.61 billion with net income in the range of $186 million to $196 million. Full-year net sales are expected to be $4.62 billion to $4.65 billion with net income in the range of $306 million to $316 million.

A conference call to discuss the financial results for Q3 of fiscal 2025 is scheduled for December 3, 2025, at 4:30 p.m. Eastern Time. Non-GAAP financial measures have been reconciled with GAAP measures. The company believes these measures provide meaningful supplemental information to investors.

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