Five Below stock slips 2.10 percent after guidance rises

Five Below stock stood at USD 227.41 on Nasdaq on September 23, 2026, down 2.10 percent from the prior session. The move followed a fiscal 2026 second-quarter update that lifted the retailer's full-year outlook on September 2, 2026.

Sales reach USD 1.26 billion

For the 13 weeks ended August 1, 2026, net sales reached USD 1.26 billion, while comparable sales increased 14.1 percent. Five Below also opened 52 net new stores, bringing its total to 2,022 locations in 46 states, according to Five Below.

The operating leverage was substantial. GAAP operating income reached USD 275.4 million, while GAAP net income came to USD 221.4 million and GAAP diluted earnings per share reached USD 3.99 for the quarter.

Guidance moves higher

The adjusted result also cleared expectations. Adjusted EPS of USD 1.68 exceeded the Zacks consensus estimate of USD 1.34, while revenue of USD 1.26 billion topped the USD 1.22 billion estimate, Zacks reported on September 8, 2026.

Management raised fiscal 2026 net sales guidance to USD 5.63 billion to USD 5.71 billion from USD 5.40 billion to USD 5.48 billion previously. The comparable-sales outlook also moved to 10 percent to 12 percent from 6 percent to 8 percent, giving investors a clearer measure of the retailer's operating momentum.

Stock remains below yearly high

Five Below stock was 13.82 percent below its 52-week high of USD 263.88 on September 23, 2026, while its 52-week low stood at USD 137.77. The USD 12.57 billion market capitalization reflects a retail business expanding its store base while using higher comparable sales to support profit growth.