Five Below(US:FIVE) Globenewswireยท2025-08-27 20:01Core Insights - Five Below, Inc. reported a significant increase in net sales and earnings for Q2 2025, with net sales rising by 23.7% to $1.0 billion and comparable sales increasing by 12.4% [1][5] - The company has raised its full-year 2025 sales and EPS guidance, indicating strong confidence in future performance [1][7] Financial Performance - For Q2 2025, net sales reached $1,026.8 million, up from $830.1 million in Q2 2024, marking a 23.7% increase [5] - Comparable sales for the same period increased by 12.4% [5] - Operating income was reported at $52.4 million, compared to $41.5 million in Q2 2024 [5] - Adjusted operating income for Q2 2025 was $55.1 million, up from $37.0 million in Q2 2024 [5] - Net income for Q2 2025 was $42.8 million, compared to $33.0 million in Q2 2024, with adjusted net income at $44.8 million versus $29.7 million [5] - Diluted EPS for Q2 2025 was $0.77, compared to $0.60 in Q2 2024, while adjusted diluted EPS was $0.81, up from $0.54 [5] Year-to-Date Performance - For the year-to-date period ending August 2, 2025, net sales increased by 21.6% to $1,997.4 million from $1,641.9 million in the previous year [6] - Comparable sales for the year-to-date period rose by 9.8% [6] - Year-to-date operating income was $103.2 million, compared to $77.7 million in the prior year [6] - Adjusted net income for the year-to-date period was $92.3 million, up from $62.6 million [6] - Diluted EPS for the year-to-date period was $1.52, compared to $1.17 in the previous year [6] Store Expansion - The company opened 32 net new stores in Q2 2025, bringing the total to 1,858 stores across 44 states, representing an 11.5% increase in store count from the previous year [5][6] Future Outlook - The company anticipates Q3 2025 net sales in the range of $950 million to $970 million, with an expected 5% to 7% increase in comparable sales [14] - For the full year 2025, net sales are projected to be between $4.44 billion and $4.52 billion, with net income expected in the range of $253 million to $275 million [14]