Business
Five Below, Inc. Announces Third Quarter Fiscal 2025 Financial Results
Q3 Net Sales Increase of 23.1% to $1.0 Billion; Comparable Sales Increase of 14.3% Q3 GAAP Diluted EPS of $0.66, Q3 Adjusted Diluted EPS of $0.68 Increases
About this update from Five Below, Inc.
[{"type":"text","content":"Q3 Net Sales Increase of 23.1% to $1.0 Billion; Comparable Sales Increase of 14.3% Q3 GAAP Diluted EPS of $0.66, Q3 Adjusted Diluted EPS of $0.68 Increases Full Year 2025 Sales and EPS Outlook PHILADELPHIA, PA, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the third quarter and year to date period ended November 1, 2025. For the third quarter ended November 1, 2025: Net sales increased by 23.1% to $1,038.3 million from $843.7 million in the third quarter of fiscal 2024; comparable sales increased by 14.3%.The Company opened 49 net new stores and ended the quarter with 1,907 stores in 44 states. This represents an increase in stores of 9.0% from the end of the third quarter of fiscal 2024.Operating income was $43.3 million compared to an operating loss of $0.6 million in the third quarter of fiscal 2024. Adjusted operating income(1) was $45.1 million compared to $27.6 million in the third quarter of fiscal 2024.The effective tax rate was 25.7% compared to 23.4% in the third quarter of fiscal 2024.Net income was $36.5 million compared to $1.7 million in the third quarter of fiscal 2024. Adjusted net income(1) was $37.8 million compared to $23.3 million in the third quarter of fiscal 2024.Diluted income per common share was $0.66 compared to $0.03 in the third quarter of fiscal 2024. Adjusted diluted income per common share(1) was $0.68 compared to $0.42 in the third quarter of fiscal 2024. (1) A reconciliation of adjusted operating income, adjusted net income, and adjusted diluted income per common share to the most directly comparable financial measure presented in accordance with generally accepted accounting principles in the United States (\"GAAP\") is set forth in the schedule accompanying this release. See also “Non-GAAP Information.” Winnie Park, CEO of Five Below, said, \"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. This outstanding performance reflects our Crew's great execution of our customer-centric strategy: delivering trend-right merchandise at exceptional value, connecting with our customers through compelling marketing campaigns, and creating amazing shopping experiences that truly resonate.” Ms. Park continu...