Looking up, Five Below (NASDAQ: FIVE) stock up after strong Q3 results, sees positive outlook ahead

Five Below Inc (NASDAQ: FIVE) reported third-quarter earnings that significantly beat analyst expectations, driven by robust comparable sales growth and successful store expansion.

The company’s shares gained more than 2% in premarket trading Thursday.

The value retailer posted adjusted earnings of $0.68 per share for the quarter ended November 1, 2025, substantially beating the analyst estimate of $0.23. Revenue surged 23.1% YoY to $1.038 billion, topping the consensus estimate of $972.43 million. Comparable sales increased by 14.3% compared to the same period last year.

“We are thrilled to report third quarter results that surpassed our expectations, marking our second consecutive quarter of over $1 billion in sales and robust double-digit same-store sales growth,” said Winnie Park, CEO of Five Below. “This outstanding performance reflects our Crew’s great execution of our customer-centric strategy.”

The company opened 49 net new stores during the quarter, bringing its total store count to 1,907 locations across 44 states, representing a 9.0% increase from the same period last year.

Five Below also raised its full-year outlook, now expecting fiscal 2025 revenue between $4.62 billion and $4.65 billion, with adjusted earnings per share in the range of $5.71 to $5.89.