Five Below, Inc. (FIVE) reported a significant increase in net sales for Q2 of fiscal 2026, raising 22.9% year-over-year to $1.26 billion, with comparable sales growing 14.1%. The increase was largely driven by a 13.6% rise in transactions, marking the fifth consecutive quarter of double-digit comparable growth.
During the quarter, Five Below opened 52 new locations, expanding its total to 2,022 stores across 46 states. Additionally, the company anticipates net sales between $5.63 billion and $5.71 billion for fiscal 2026, projecting comparable sales growth of 10-12% and adjusted EPS of $9.83-$10.31.
Despite rising competition, Five Below’s strategy focuses on customer engagement and digital marketing, leading to robust traffic from both new and returning shoppers. The broader demand is bolstered by popular product categories, which include toys, tech, and snacks.
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