Five Below, Inc.
- Open
- 198.22
- Day high
- 203.96
- Day low
- 198.22
- Prev close
- 197.71
- Volume
- 1.8M
- Mkt cap
- $11.2B
- P/E (TTM)
- 25.4
- EPS (TTM)
- $7.99
- P/B
- 4.8
- P/S
- 2.2
- Yield
- —
- Per share
- —
- ▲Insiders net buying $93K over the last 3 months (1 open-market buy, 0 sales)
- 🏛Institutions accumulating (13F)
Five Below, Inc. (FIVE) is a Consumer Cyclical company listed on NASDAQ. The stock is up 45% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 0 sales (SEC Form 4). Drillr has 4 published research articles covering FIVE.
Five Below, Inc. (FIVE) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 12 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
FIVE earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jun 3, 2026 | $1.77 | $2.22 | +25.4% | $1.3B | +4.6% |
| Mar 18, 2026 | $1.66 | $4.28 | +157.8% | $1.7B | +44.5% |
| Dec 3, 2025 | $0.25 | $0.68 | +173.4% | $1.0B | +5.8% |
| Aug 27, 2025 | $0.62 | $0.81 | +30.0% | $1.0B | +3.2% |
| Jun 4, 2025 | $0.83 | $0.86 | +3.5% | $971M | +0.4% |
| Mar 19, 2025 | $3.38 | $3.48 | +3.0% | $1.4B | +0.3% |
| Dec 4, 2024 | $0.17 | $0.42 | +147.1% | $844M | +5.3% |
| Aug 28, 2024 | $0.54 | $0.54 | +0.0% | $830M | +1.0% |
| Jun 5, 2024 | $0.63 | $0.60 | -4.8% | $812M | -2.7% |
| Mar 20, 2024 | $3.78 | $3.65 | -3.4% | $1.3B | -0.8% |
| Nov 29, 2023 | $0.24 | $0.26 | +8.3% | $736M | -0.2% |
| Aug 30, 2023 | $0.83 | $0.84 | +1.2% | $759M | +0.1% |
FIVE insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 1, 2026 | Lynch Robertdirector | Buy | 530 | $176.06 |
| Jul 1, 2026 | Lastinger Rodneyofficer: Chief Retail Officer | Grant | 3,618 | — |
| Jun 18, 2026 | Lynch Robertdirector | Grant | 976 | — |
| Jun 18, 2026 | SARGENT RONALDdirector | Grant | 976 | — |
| Jun 18, 2026 | DEVINE MICHAEL F IIIdirector | Grant | 1,663 | — |
| Jun 18, 2026 | VAUGHN MIMI ECKELdirector | Grant | 976 | — |
| Jun 18, 2026 | Bowman Karen Rdirector | Grant | 976 | — |
| Jun 18, 2026 | MARKEE RICHARD Ldirector | Grant | 976 | — |
| Jun 18, 2026 | Lathi Dinesh S.director | Grant | 976 | — |
| Jun 18, 2026 | Washington Zuhairah Scottdirector | Grant | 976 | — |
| Jun 17, 2026 | SPECTER ERIC Mofficer: CAO | Grant | 758 | — |
| Jun 17, 2026 | Yatrakis Christos Georgeofficer: Chief Legal Officer | Grant | 1,031 | — |
| Jun 17, 2026 | Jhunjhunwala Amitofficer: Chief Information Officer | Grant | 590 | — |
| Jun 17, 2026 | BULL KENNETH Rofficer: COO | Grant | 2,107 | — |
| Jun 17, 2026 | Poliner Grahamofficer: CSBIAO | Grant | 252 | — |
Source: FIVE SEC Form 4 filings, latest Jul 1, 2026. For informational purposes only — not investment advice.
See the full FIVE insider & 13F page →FIVE research & analysis
Off-Price Retail Scorecard: Ranking OLLI, FIVE, BURL, TJX, and ROST on Growth and Margins
TJX leads the off-price retail group with 12% operating margins and 54% ROE, while Ollie's offers the best value at 23x forward P/E with double-digit revenue growth. Five Below commands the richest valuation despite the weakest earnings track record, making it the least attractive risk/reward in the group.
OLLIBURLTJXWhich off-price retailer has the most runway: Ollie's at 559 stores or Five Below at 1,750+?
Ollie's Bargain Outlet has the most store growth runway among off-price retailers, with ~133% unit growth potential from 559 to 1,300+ stores, the highest operating margins (11.2%), and the cleanest balance sheet (0.37x debt/equity). Five Below has ~100% remaining growth to 3,500 stores but faces margin pressure from its Five Beyond format shift, while Burlington is the most mature with ~80% unit growth left and the highest leverage.
OLLIBURLAt what store count does Ollie's SG&A leverage inflect enough to expand operating margins?
Ollie's SG&A as a percentage of sales has remained stuck at 26-28% despite growing from 431 to 645 stores over four years, with the leverage inflection likely occurring around 700-750 stores (late FY2026) when growth rates moderate, bankruptcy-acquired stores mature, and fixed-cost absorption accelerates — potentially pushing operating margins above 12% for the first time on a sustained basis.
OLLICan Ollie's maintain unit economics as it accelerates from 50 to 75+ stores per year?
Ollie's opened 86 stores in the first 39 weeks of FY2025 — more than double the prior-year pace — while maintaining operating margins at 10.1% and capex per store near the $1.0M target model. SG&A leverage, declining per-store pre-opening costs, and distribution capacity to 750 stores suggest unit economics are holding through the acceleration, though pre-opening expenses as a percentage of sales have doubled and will require monitoring as annual openings push higher.
OLLIDG
Five Below, Inc. company profile
Overview
Five Below, Inc. (NASDAQ:FIVE) is a specialty value retailer founded in 2002 and headquartered in Philadelphia, Pennsylvania. The company went public in July 2012 and has grown from a regional concept to a national chain operating over 1,770 stores across 43 states. Five Below targets tweens, teens, and their parents with an extensive assortment of trend-right merchandise priced primarily at $5 and below, though the company has expanded into higher price points through its "Five Beyond" concept featuring items up to $25.
Business
Five Below operates as a specialty discount retailer in the consumer discretionary sector, positioning itself as the "YES store" for kids and parents seeking trendy merchandise at extreme value prices. The company's core business model revolves around offering a constantly refreshing assortment of products across eight distinct "worlds" of merchandise. The company's product categories include: Style world featuring accessories like jewelry, sunglasses, hair accessories, and branded cosmetics; Room world with personalized living space products including lamps, posters, blankets, and novelty décor; Sports world offering balls, team merchandise, and fitness accessories; Tech world providing phone cases, chargers, headphones, and gaming accessories; Create world with arts and crafts supplies and activity kits; Party world including decorations, greeting cards, and seasonal items; Candy world featuring classic and novelty confections; and Now world with trending seasonal and pop culture merchandise. The retailer operates primarily under a single business segment, with virtually all revenue derived from retail store operations. The company has been expanding its Five Beyond concept, which allows for merchandise priced between $6-$25, now present in over 60% of its store base. This format extension has shown mid-single digit sales lifts in converted locations, representing an evolution of the traditional $5-and-below model to capture additional market opportunities while maintaining the core value proposition.
Competitive moat
Five Below's competitive moat is moderate but not insurmountable, built primarily around its specialized market positioning and operational execution rather than structural advantages. The company's primary moat stems from its unique market niche as a dedicated retailer focused specifically on tweens and teens with merchandise priced predominantly under $5, creating a distinct shopping experience that larger retailers struggle to replicate at scale. The company benefits from supplier relationships and sourcing capabilities, including its global sourcing network and ability to quickly identify and capitalize on trending products. Its store format and merchandising expertise in the tween/teen demographic creates some barriers to entry, as does its growing store density in key markets which can limit competitor expansion opportunities. However, Five Below's moat faces significant competitive threats. Large retailers like Target, Walmart, and dollar stores can easily replicate similar product assortments and pricing strategies. The company's merchandise categories are largely commoditized, and its suppliers are not exclusive. E-commerce platforms, particularly Amazon, pose ongoing threats by offering similar products with greater convenience. The discretionary nature of most merchandise makes the business vulnerable to economic downturns and changing consumer preferences. The company's expansion runway to 3,500 stores provides some protection through market coverage, but this advantage diminishes as markets become saturated. The success of the Five Beyond concept suggests some ability to evolve the format, though this also moves the company into more competitive higher-price-point territory where its differentiation may be less pronounced.
Risks & safety
Five Below presents a moderate margin of safety with solid financial fundamentals but some operational challenges. **Liquidity and Solvency:** 1. Strong cash position with $332 million in cash and short-term investments as of Q4 2024 2. Current ratio of 1.79 indicates adequate short-term liquidity 3. Debt-to-equity ratio of 1.10 shows moderate leverage but manageable debt levels 4. Positive free cash flow of $311 million in Q4 2024, though it was negative in earlier quarters **Valuation Metrics:** 1. P/E ratio of 6.9 appears attractive for a growing retailer 2. EV/EBITDA of 5.8 suggests reasonable valuation relative to cash generation 3. Price-to-book ratio of 2.85 is elevated but not excessive for a retail growth story **Other Considerations:** 1. Comparable store sales have been negative or flat recently, indicating execution challenges 2. Margin pressures from tariffs expected to impact 2025 performance by approximately 100 basis points 3. Shrinkage issues have required operational investments and continue to pressure margins 4. Strong store expansion pipeline provides growth visibility but requires continued capital investment
Recent development
Over the past two years, Five Below has undergone significant strategic repositioning following performance challenges that emerged in 2024. The company experienced declining comparable store sales and margin pressure, prompting management to implement a comprehensive reset strategy focused on returning to its core customer base and value proposition. Key strategic initiatives include a product assortment simplification, with plans to reduce SKU count by 10-20% while focusing on trend-right merchandise at the $1-$5 price points that built the brand. The company has sharpened its target customer focus back to tweens and teens, moving away from broader demographic expansion that diluted the brand positioning. The Five Beyond expansion continues as a major growth driver, with over 60% of stores now converted to this format that allows merchandise up to $25. Converted stores consistently outperform traditional formats by mid-single digits, validating the concept's potential. The company targets having 80% of its store base in Five Beyond format. Operational improvements have included investments in store labor (5% increase in average store hours), implementation of associate-led checkout to combat shrinkage, and a return to in-person office work to improve collaboration. The company hired a new Chief Marketing Officer to enhance brand awareness and customer engagement. Geographic expansion continues with entry into new markets like the Pacific Northwest, while the company maintains its long-term target of 3,500 total stores. However, near-term store growth has been moderated to 150-180 annual openings (down from previous 200+ targets) to focus on execution and operational improvements. The company has also established a global sourcing office in India to diversify its supply chain and mitigate tariff impacts.
FIVE company profile · for informational purposes only — not investment advice.
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