PHILADELPHIA -- Five Below Inc. today posted gains in sales and profit in its fiscal fourth quarter and full year.
For the quarter ended January 31, net sales increased 24.3% and comparable-store sales were up 15.4% from a year earlier. Adjusted operating income was $312.7 million compared to $253.3 million in the fourth quarter of fiscal 2024.
"Our outstanding fourth quarter results capped off a transformational year that firmly established Five Below as the destination for the kid and the kid in all of us,” CEO Winnie Park said in a press release. “These exceptional, broad-based results reflect our crew’s amazing execution of our customer-centric strategy and demonstrate the progress we’ve made building a stronger, more agile brand.”
Five Below added 14 net new stores in the quarter and ended the fiscal year with 1,921 stores in 46 states.
The stores seek to redefine value for the kids and families that flock to its stores to hunt treasures in categories including apparel, accessories, tech gadgets, crafts, room decor. The majority of items sell for $5 or less but Park has been integrating more expensive items onto store shelves.
Net sales for the full year increased 22.9% to $4.7 billion. Comps increased 12.8% over fiscal 2024’s performance.
Fiscal-year operating income on an adjusted basis came in at $472.2 million, up from $356.1 million a year earlier.
The retailer opened 150 net new stores in fiscal 2025 after opening 227 new locations in the previous year.
Five Below’s updated guidance anticipates fiscal 2026 net sales in the range of $5.20 billion to $5.30 billion based on opening approximately 150 net new stores and assumes an approximate 3% to 5% increase in comparable sales.
“Looking ahead, we are focused on delivering trend-right merchandise at exceptional value, deepening our connectivity with our customers, and providing amazing shopping experiences that delight our customers, Park said. “With a growing store base, strong new store performance, and a differentiated customer value proposition, we believe we are well positioned to drive sustainable sales growth, margin expansion, and long-term shareholder value.”
