Five Below Earnings Reports

Five Below delivered solid Q1 performance with double-digit revenue growth and an increase in net income. Comparable sales rose and store expansion continued aggressively. The company also raised full-year guidance despite ongoing macro uncertainties.

Five Below delivered a solid performance in Q4 2024, with net sales reaching $1.39 billion, representing a 4.0% increase year-over-year. The company reported a GAAP EPS of $3.39 and adjusted EPS of $3.48. Net income totaled $187.5 million, and operating income was $246.8 million. Despite a 3.0% decline in comparable sales, the company’s strategic execution and new store openings contributed positively.