Five Below Tops Full-Year Outlook Aided by Store Openings
A Five Below store in Hudson, New York.
Photographer: Angus Mordant/BloombergShares of Five Below Inc. rose 7% in post-market trade after it issued a better-than-expected fiscal 2026 outlook and predicted a sales bump fueled by new store openings.
The net addition of about 150 new stores will help drive net sales of $5.2 billion to $5.3 billion for the year, the teens-focused retailer said Wednesday. This assumes an increase of about 3% to 5% in comparable sales, above the average 2.8% rise for the year seen by analysts polled by Bloomberg.