The earnings call reflects a mixed performance for Five Below. While there was significant growth in store openings and total sales, comparable sales and earnings per share saw declines. The company is also facing challenges due to tariffs impacting margins. However, improvements in inventory management and a strong cash position provide positive aspects. The overall sentiment leans towards being balanced, with notable achievements offset by significant challenges.
Company Guidance
During the Five Below Fourth Quarter 2024 Earnings Conference Call, the management team provided guidance for fiscal 2025, highlighting several key financial metrics and strategic initiatives. For the full year 2025, the company anticipates total sales to range between $4.21 billion and $4.33 billion, reflecting a 10.1% increase at the midpoint. Comparable sales are projected to be flat to a 3% increase. Adjusted operating margin is expected to be approximately 7.3%, down 180 basis points year-over-year, with tariffs contributing a significant portion of this deleverage. Adjusted diluted earnings per share (EPS) is forecasted to fall between $4.10 and $4.72. Capital expenditures are estimated to be between $210 million and $230 million, with plans to open approximately 150 new stores. The company is actively mitigating the impact of tariffs through vendor collaboration and selective price adjustments. Additionally, Five Below intends to enhance its assortment by focusing on trend-right and value-driven products, while leveraging its global sourcing capabilities.
Record Store Openings
Five Below opened a record 228 new stores in 2024, ending the year with 1,771 stores across the US, marking an increase of 227 net new stores or 14.7% over last year.
Sales Growth
Total sales for fiscal 2024 increased by 10.4% to approximately $3.88 billion from $3.51 billion last year.
Improved Inventory Management
Average inventory per store decreased by approximately 2%, and shrink rates improved in almost every cohort of stores.
Strong Cash Position
Five Below ended the year with approximately $529 million in cash, cash equivalents, and short-term investment securities and no debt.
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Five Below (FIVE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FIVE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 19, 2025
$75.59
$76.11
+0.69%
Dec 04, 2024
$104.97
$115.97
+10.48%
Aug 28, 2024
$78.94
$78.24
-0.89%
Jun 05, 2024
$132.79
$118.72
-10.60%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Five Below (FIVE) report earnings?
Five Below (FIVE) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Five Below (FIVE) earnings time?
Five Below (FIVE) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.