04:20 PM EDT, 06/04/2025 (MT Newswires) -- Five Below ( FIVE ) reported late Wednesday fiscal Q1 adjusted earnings of $0.86 per diluted share, up from $0.60 a year ago.

Analysts polled by FactSet expected $0.83.

Net sales for the quarter ended May 3 were $970.5 million, up from $811.9 million a year earlier. Analysts expected $966.5 million.

For fiscal Q2, the firm is expecting adjusted EPS of $0.50 to $0.62 on net sales of $975 million to $995 million. Analysts expected $0.54 and $954.7 million, respectively.

For fiscal 2025, the company raised the lower end of adjusted EPS guidance to $4.25 to $4.72 from the prior range of $4.10 and $4.72. It also increased fiscal 2025 revenue projection to a range of $4.33 billion to $4.42 billion from $4.21 billion to $4.33 billion previously. Analysts are looking for $4.72 and $4.35 billion, respectively.