Five Below, Inc. announced impressive second quarter fiscal 2025 financial results.
Q2 net sales increased by 23.7% to $1.0 billion; comparable sales rose by 12.4%.
The company opened 32 net new stores and ended the quarter with 1,858 stores in 44 states, showcasing an 11.5% increase in stores from the previous year.
Sales Growth
Q2 net sales increased by 23.7% to $1,026.8 million compared to the same period in fiscal 2024.
Earnings Per Share
Q2 GAAP diluted EPS was $0.77, with adjusted diluted EPS at $0.81, showcasing growth.
Operational Expansion
Five Below added 32 net new stores, bringing the total to 1,858 stores in 44 states, reflecting an 11.5% increase.
- The company's strong sales growth and store expansion indicate a positive market response to its strategy and offerings.
- CEO Winnie Park emphasized the success of executing the company's strategy and delivering value and fun to customers, especially amidst changing market conditions.
Five Below's exceptional financial performance in Q2 reaffirms its position as a popular retail destination known for value and fun products. The company's growth trajectory and focus on customer experience set a promising outlook for the future.