Q3 Earnings Forecast for Five Below Issued By Zacks Research

Five Below, Inc. (NASDAQ:FIVE) – Equities researchers at Zacks Research upped their Q3 2027 earnings estimates for shares of Five Below in a report issued on Tuesday, September 15th. Zacks Research analyst Team now anticipates that the specialty retailer will post earnings per share of $1.10 for the quarter, up from their previous estimate of $0.80. The consensus estimate for Five Below’s current full-year earnings is $10.56 per share. Zacks Research also issued estimates for Five Below’s FY2027 earnings at $10.12 EPS, Q2 2028 earnings at $1.85 EPS, Q3 2028 earnings at $1.35 EPS, Q4 2028 earnings at $6.30 EPS, FY2028 earnings at $11.49 EPS, Q2 2029 earnings at $2.03 EPS and FY2029 earnings at $12.57 EPS.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the business posted $0.81 EPS. Five Below’s quarterly revenue was up 22.9% on a year-over-year basis. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS.

A number of other equities research analysts have also weighed in on the stock. Wells Fargo & Company upped their target price on shares of Five Below from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Benchmark initiated coverage on Five Below in a research note on Thursday, August 13th. They set a “buy” rating for the company. Evercore set a $260.00 price target on Five Below in a research note on Thursday, September 3rd. Jefferies Financial Group boosted their price objective on Five Below from $350.00 to $420.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Finally, Truist Financial increased their price objective on Five Below from $273.00 to $297.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, Five Below presently has a consensus rating of “Moderate Buy” and an average target price of $300.70.

Five Below Price Performance

Shares of NASDAQ FIVE opened at $237.68 on Thursday. The stock has a market capitalization of $13.08 billion, a P/E ratio of 21.34, a P/E/G ratio of 0.91 and a beta of 0.99. The company has a 50-day moving average price of $228.52 and a 200-day moving average price of $219.39. Five Below has a 1 year low of $137.77 and a 1 year high of $263.88.

Insider Activity

In related news, CAO Eric M. Specter sold 5,500 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $248.99, for a total transaction of $1,369,445.00. Following the transaction, the chief accounting officer directly owned 35,482 shares of the company’s stock, valued at $8,834,663.18. This trade represents a 13.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Kenneth R. Bull sold 10,510 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $248.06, for a total transaction of $2,607,110.60. Following the transaction, the chief operating officer owned 75,064 shares in the company, valued at approximately $18,620,375.84. This trade represents a 12.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 18,438 shares of company stock worth $4,580,933. 0.96% of the stock is owned by insiders.

Hedge Funds Weigh In On Five Below

Several hedge funds have recently modified their holdings of FIVE. BlackRock Inc. purchased a new stake in shares of Five Below during the 2nd quarter worth approximately $964,867,000. Norges Bank bought a new stake in shares of Five Below in the 4th quarter worth approximately $182,786,000. Wellington Management Group LLP lifted its stake in Five Below by 54.4% in the second quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer’s stock valued at $325,717,000 after purchasing an additional 638,049 shares during the last quarter. Bank of America Corp DE purchased a new position in Five Below in the second quarter valued at approximately $70,033,000. Finally, Bank of New York Mellon Corp bought a new position in Five Below during the second quarter valued at $59,425,000.

Trending Headlines about Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Zacks raised multiple long-term earnings forecasts. Estimates increased for FY2027 EPS to $10.12 from $8.94, FY2028 to $11.49 from $9.79, and FY2029 to $12.57 from $10.67. Forecasts also rose for Q3 2027, Q2 and Q3 2028, Q4 2028, and Q2 2029, signaling improved expectations for the retailer’s future profitability.
• Positive Sentiment: The bullish revisions follow Five Below’s strong latest quarter, when revenue grew 22.9% year over year to $1.26 billion and EPS of $1.68 exceeded the $1.40 consensus estimate. Zacks has highlighted the company’s revenue and earnings-growth profile as potential support for future returns. Zacks growth stock analysis
• Positive Sentiment: Five Below’s store-expansion strategy and maintained fiscal 2026 EPS guidance of $9.83–$10.31 continue to reinforce the long-term growth narrative. The company’s previously authorized $600 million share-repurchase program may also provide support by signaling management confidence.
• Neutral Sentiment: Five Below presented at the Goldman Sachs Global Consumer and Retail Conference, but no major new guidance change or material negative announcement was reported. The event therefore offered limited immediate stock-specific direction. Goldman Sachs conference transcript
• Negative Sentiment: Some estimates moved lower: Zacks reduced Q1 2028 EPS to $1.99 from $2.14 and Q1 2029 EPS to $2.19 from $2.33. These cuts suggest near-term seasonal or operating uncertainty despite the stronger full-year outlook.
• Negative Sentiment: Chief Accounting Officer Eric Specter sold 5,500 shares for approximately $1.37 million, reducing his position by 13.42%. Additional recent executive sales and broader insider-selling activity may weigh on sentiment, particularly after Five Below’s strong rally. Eric Specter insider sale report

Five Below Company Profile

Five Below, Inc is a specialty value retailer that sells merchandise primarily designed for children, teens and preteens. Its product assortment generally includes toys, games, fashion accessories, room décor, sports equipment, technology accessories, party supplies, seasonal items and candy. The company operates under a “five and beyond” pricing concept, offering most products at affordable price points while also selling selected higher-priced items.

Founded in 2002 by David Schlessinger and Tom Vellios, Five Below has expanded from its original store base into a nationwide retail chain.