Five Below Surpasses Expectations in Q1 2025 with Strong Sales and Store Growth
Five Below, a leading destination for extreme value and fun, has reported a strong first quarter of 2025, exceeding its updated guidance. According to the company's recent conference call transcript, Five Below achieved sales of $971 million and comparable sales increase of 7.1%, driven by increased transactions of 6.2%. The company also delivered adjusted earnings per share (EPS) of $0.86.
Winnie Park, CEO of Five Below, expressed pride in the company's team for delivering these results with a focus on customer experience. She emphasized that the company remains committed to putting customers first, with a focus on product, value, and store experience. This approach has helped Five Below become the destination for kids and the kid in all of us.
The company's Q1 2025 performance was marked by broad-based outperformance across its worlds, proving that customer-centric strategies are working. The Five Below team demonstrated its ability to execute at a high level in service of customers, with sales and comps exceeding expectations.
Store growth also accelerated during the quarter, with the opening of 55 new stores across 20 states. Two of these stores, located in Victorville, California, and Joplin, Missouri, were among the top 25 all-time grand openings. The company supported its new stores with grand opening marketing activities.
According to Park, Five Below's Q1 performance reinforces the company's belief that it is the destination for customers seeking fun and great value. The company remains committed to offering the newest, best products at extreme value to help customers throughout their life stages.
In terms of product, Five Below continues to focus on providing fresh, trend-right, and quality products at amazing value. This approach has made the company special and sets it apart from others in the market.
