FIVE: revenue $4.76B, net income $358.6M. Five Below posts 12.8% comp sales gain, 41% net income jump; litigation advances to discovery

Filed March 19, 2026 · Period ending January 31, 2026 · Compared to 10-K Mar 20, 2025 · ~1 min read

Key Changes

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  Comparable sales surged 12.8% in fiscal 2025 after a 2.7% decline in fiscal 2024, driven by 7.1% transaction growth and 5.3% higher average ticket. Net income jumped 41% to $358.6 million.

  MD&A: Fiscal 2025 Performance verify on EDGAR →
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  Supreme Court struck down certain IEEPA tariffs in February 2026; potential refund amounts and timing remain uncertain as new tariffs imposed under other laws create rapidly changing environment.

  Notes: Tariff Ruling verify on EDGAR →
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  Expanded from 1,771 stores in 44 states to 1,921 stores in 46 states, adding 150 net new locations and entering Oregon and Washington. Operating cash flow increased.

  Business & MD&A: Store Growth verify on EDGAR →