Retail store closures increased in 2025 with chains such as FatFace and Claire's announcing significant U.S. shutdowns. Five Below announced plans to open approximately 150 new stores in fiscal 2025 and reported strong quarterly results. Net sales reached $1.02 billion, up 23.7% year over year, with net income of $42.8 million and adjusted diluted EPS of 81 cents versus 54 cents a year earlier. The company opened 32 net new stores in the quarter, totaling 1,858 locations across 44 states, and opened 87 net new stores in the first half of fiscal 2025. Five Below remains popular with Gen Z and benefits from value-focused consumer spending.
Yesterday, Five Below, Inc. (Nasdaq: FIVE) reported its second-quarter earnings for fiscal 2025. For the most part, the company had a good quarter. Here are the most important metrics it reported for the three-month period ending August 2: Net sales: $1.02 billion (up 23.7% from the same quarter a year earlier) Net income: $42.8 million (up from $33 million in the same quarter a year earlier) Adjusted diluted income per common share: 81 cents (versus 54 cents in the same quarter a year earlier)
Announcing the results, Five Below CEO Winnie Park said they "exceeded our sales and earnings expectations" and demonstrated "the effectiveness of our strategy and are a testament to the hard work, dedication and tight collaboration of our teams across the company, especially in an ever-changing tariff environment." In addition to the above numbers, Five Below also announced that it opened 32 net new stores during the quarter, bringing the company's total number of locations to 1,858 stores across 44 states.
Collection
[
|
...
]