Five Below (NASDAQ:FIVE) Updates Q3 2026 Earnings Guidance

Key Points

• Five Below issued upbeat Q3 2026 guidance, forecasting EPS of $1.01–$1.13 versus the $0.86 consensus and revenue of about $1.2 billion versus the $1.1 billion estimate. Full-year 2026 EPS guidance was set at $9.83–$10.31.
• The retailer recently beat quarterly expectations, reporting $1.68 in adjusted EPS on $1.26 billion in revenue, with sales up 22.9% year over year. Management also highlighted 52 net new stores and a $600 million share-repurchase authorization.
• Shares fell 0.8% to $243.08, while analysts maintained an overall “Moderate Buy” consensus with a $267.45 target price; ratings ranged from Loop Capital’s downgrade to “Hold” to bullish upgrades from Mizuho and Craig Hallum.

Five Below (NASDAQ:FIVE - Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.010-1.130 for the period, compared to the consensus earnings per share estimate of 0.860. 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 9.830-10.310 EPS.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Loop Capital lowered shares of Five Below from a "buy" rating to a "hold" rating and set a $250.00 target price on the stock. in a report on Tuesday, August 25th. Weiss Ratings cut Five Below from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, June 5th. Evercore set a $215.00 target price on Five Below in a report on Tuesday, July 7th. Mizuho raised their target price on shares of Five Below from $260.00 to $278.00 and gave the stock an "outperform" rating in a report on Wednesday, August 26th. Finally, Craig Hallum upped their price target on shares of Five Below from $255.00 to $270.00 and gave the company a "buy" rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $267.45.

Five Below Stock Down 0.8%

Shares of Five Below stock traded down $2.00 on Wednesday, reaching $243.08. The company's stock had a trading volume of 1,861,891 shares, compared to its average volume of 1,167,294. Five Below has a 52 week low of $137.77 and a 52 week high of $263.88. The firm's fifty day simple moving average is $214.60 and its two-hundred day simple moving average is $217.04. The company has a market capitalization of $13.44 billion, a price-to-earnings ratio of 30.69, a P/E/G ratio of 1.28 and a beta of 0.99.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.28. The firm had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.22 billion. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The firm's quarterly revenue was up 22.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 earnings per share. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. As a group, research analysts predict that Five Below will post 9.19 EPS for the current year.

Trending Headlines about Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Five Below reported fiscal Q2 net sales of approximately $1.26 billion, a 22.9% year-over-year increase, while comparable sales rose 14.1%. GAAP diluted EPS reached $3.99, and adjusted diluted EPS was $1.68 versus the $1.40 consensus estimate. Five Below fiscal 2026 second-quarter results
• Positive Sentiment: Management raised its fiscal 2026 sales forecast to $5.63 billion-$5.71 billion from $5.40 billion-$5.48 billion previously. Full-year diluted EPS guidance was increased to $12.10-$12.58, and third-quarter sales are expected to reach $1.21 billion-$1.23 billion. Five Below raises outlook as sales gain
• Positive Sentiment: The retailer opened 52 net new stores during the quarter and ended the period with 2,022 locations across 46 states, supporting continued revenue expansion. Five Below also authorized a new $600 million share-repurchase program, which could provide support for earnings per share and shareholder returns. Five Below Q2 sales and earnings report
• Neutral Sentiment: Institutional positioning was mixed in the latest quarter: Wellington Management and Sixth Street Partners added significant holdings, while D. E. Shaw, American Century, Capital World and other investors reduced positions. This creates an uncertain signal for near-term trading.
• Negative Sentiment: Reported insider activity over the past six months was weighted toward selling, with several executives and directors selling shares. Although insider transactions do not necessarily reflect the company’s operating outlook, they may temper some investor enthusiasm.

Hedge Funds Weigh In On Five Below

Several institutional investors have recently bought and sold shares of FIVE. Lido Advisors LLC lifted its position in shares of Five Below by 2.7% during the 4th quarter. Lido Advisors LLC now owns 2,559 shares of the specialty retailer's stock worth $482,000 after purchasing an additional 68 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in Five Below by 3.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,047 shares of the specialty retailer's stock worth $386,000 after buying an additional 69 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Five Below by 17.5% in the third quarter. Parallel Advisors LLC now owns 625 shares of the specialty retailer's stock valued at $97,000 after acquiring an additional 93 shares during the period. State of Tennessee Department of Treasury grew its position in Five Below by 0.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 22,158 shares of the specialty retailer's stock worth $4,246,000 after purchasing an additional 94 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in Five Below by 5.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,038 shares of the specialty retailer's stock worth $384,000 after acquiring an additional 113 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.

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