Quarterly ResultJun 4, 2026, 04:01 PM
Five Below Q1 Net Sales $1.29B; Net Income $123M; EPS $2.21
AI Summary
Five Below, Inc. reported a significant increase in financial performance for the thirteen weeks ended May 2, 2026. Net sales grew to $1.286 billion, and net income more than doubled to $123.1 million, resulting in diluted EPS of $2.21, compared to $41.1 million ($0.75 diluted EPS) in the prior year. The company also saw substantial growth in operating income and cash flow from operations. Total assets and shareholders' equity also increased year-over-year.
Key Highlights
- Net sales increased to $1.286 billion for the thirteen weeks ended May 2, 2026, up from $970.5 million in the prior year.
- Net income rose to $123.1 million ($2.21 diluted EPS) from $41.1 million ($0.75 diluted EPS) in the comparable prior period.
- Total assets grew to $5.055 billion as of May 2, 2026, compared to $4.453 billion as of May 3, 2025.
- Total liabilities were $2.743 billion as of May 2, 2026, compared to $2.595 billion as of May 3, 2025.
- Shareholders' equity increased to $2.312 billion as of May 2, 2026, from $1.858 billion as of May 3, 2025.
- Operating income surged to $154.2 million from $50.8 million year-over-year.
- Cash provided by operating activities was $227.2 million for the thirteen weeks ended May 2, 2026.
Price Impact
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