What changed
Five Below printed Q2 FY26 adjusted EPS of $1.68, beating consensus of $1.40 by $0.28, or 19.9%. Revenue rose 22.7% YoY to $1.26B. Management raised FY2026 adjusted EPS guidance to $9.83–$10.31 and issued Q3 FY26 GAAP EPS guidance of $1.01–$1.13. The beat was driven by a 14.1% comparable sales increase and 52 net new stores.
Why it matters
Five Below printed Q2 FY26 adjusted EPS of $1.68, beating consensus of $1.40 by $0.28, or 19.9%. Revenue rose 22.7% YoY to $1.26B. Management raised FY2026 adjusted EPS guidance to $9.83–$10.31 and issued Q3 FY26 GAAP EPS guidance of $1.01–$1.13. The beat was driven by a 14.1% comparable sales increase and 52 net new stores.