Five Below (FIVE) Q2 FY27 earnings call

Earnings call· Jul 2026 (Q2 FY27)· Consumer Discretionary· Sep 2, 2026

Source: earnings call transcript

Five Below delivered exceptional Q2 FY27 results, driven by its customer-centric strategy and foundational operating model enhancements. The company's operating flywheel, fueled by merchandising, marketing, and store experience improvements, is driving durable top-line growth and strong profitability. Management is confident in its ability to sustain momentum and expand its market presence, including a planned entry into Puerto Rico.

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FIVE operating KPIs by quarter

FIVE operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Jan 2026 Q4 FY26	Apr 2026 Q1 FY27	This call Jul 2026 Q2 FY27	Change vs prior quarter
New stores opened	14 In the fourth quarter, we opened 14 net new stores across 8 states compared to 22 net new stores in the fourth quarter last year. Source: earnings call transcript	49 For the first quarter, we are reporting results that exceeded our expectations with sales growth of nearly 33% to $1.3 billion, driven by 23% comp growth and strong new store performance, including 49 net new stores that opened during the quarter. Source: earnings call transcript	52 we opened 52 net new stores across 26 states, including 4 stores that made our all-time spring and summer grand opening list. Source: earnings call transcript	+6.1%
Stores	1,921 In 2025, we grew our store count by 8.5% and ended the year with 1,921 stores in 46 states, including the 2 new states of Oregon and Washington. Source: earnings call transcript	1,970 We grew our store count by 8% year-over-year and ended the quarter with 1,970 stores. Source: earnings call transcript	2,022 We opened 52 net new stores compared to 32 net new stores in the second quarter last year, ending the quarter with 2022 stores. Source: earnings call transcript	+2.6%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.