Five Below (NASDAQ:FIVE) delivered a strong fourth-quarter performance, surpassing Wall Street estimates, but a disappointing full-year 2026 outlook tempered investor enthusiasm. Despite this, shares climbed 6% intra-day today as the discount retailer’s near-term projections outpaced expectations.
For the fourth quarter, earnings per share came in at $3.48, exceeding analyst forecasts of $3.37. Revenue rose to $1.39 billion, slightly surpassing the $1.38 billion consensus estimate.
Looking ahead, Five Below provided a strong first-quarter outlook, forecasting earnings per share between $0.50 and $0.61, above the market expectation of $0.48. Revenue is projected to land between $905 million and $925 million, exceeding the estimated $897.8 million.
However, the company’s full-year 2026 guidance fell short of expectations. Five Below expects earnings per share between $4.10 and $4.72, below the $5.07 analyst consensus. Revenue is forecasted between $4.21 billion and $4.33 billion, compared to the $4.25 billion market projection.