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Five Below: Strong Q1 Comparable Sales

Here's our initial take on Five Below's (FIVE 5.62%) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 FY24Q1 FY25Changevs. ExpectationsRevenue811.9million811.9 million970.5 million+19.5%BeatEarnings per share (adjusted)0.600.600.86+43%BeatComparable sales growth(2.3%)7.1%+9.4 ppn/aNew store openings6155-10%n/aRising Transactions, Operating Income, and EarningsFive Below reported solid first-quarter results despite a complex macroeconomic backdrop. Comparable sales rose by 7.1%, driven largely by an increa ...