Five Below Inc ( FIVE ) shares are moving higher in Wednesday’s after-hours session after the company reported better-than-expected results for the second quarter and issued strong guidance.

Q2 Revenue: $1.03 billion, versus estimates of $992.7 million

Q2 Adjusted EPS: 81 cents, versus estimates of 61 cents

Total revenue was up 23.7% year-over-year, while comparable sales increased 12.4% year-over-year. The company reported operating income of $52.4 million in the second quarter. 

Five Below ( FIVE ) opened 32 new stores in the quarter, bringing total locations up to 1,858 at quarter’s end. The company ended the period with approximately $562.75 million in cash and cash equivalents.

“These results demonstrate the effectiveness of our strategy and are a testament to the hard work, dedication and tight collaboration of our teams across the company, especially in an ever-changing tariff environment,” said Winnie Park, CEO of Five Below ( FIVE ).

“We have been maniacally focused on executing with excellence, specifically curating Wow! newness in our assortment, simplifying our pricing while maintaining extreme value, improving in-stock levels and optimizing product flow.”

Guidance: Five Below ( FIVE ) expects third-quarter revenue to be in the range of $950 million to $970 million versus Benzinga Pro estimates of $929.91 million. The company sees third-quarter adjusted earnings in the range of 12 cents to 24 cents per share versus estimates of 2 cents per share.

Five Below ( FIVE ) raised its full-year 2025 revenue guidance from a range of $4.33 billion to $4.42 billion to a new range of $4.44 billion to $4.52 billion versus estimates of $4.45 billion. The company also raised its full-year adjusted earnings forecast from a prior range of $4.25 to $4.72 per share to a range of $4.76 to $5.16 per share versus estimates of $4.75 per share.

Five Below’s management team is currently discussing the quarter on an earnings call that started at 4:30 p.m. ET.

FIVE Price Action: Five Below ( FIVE ) shares were up 1.97% in after-hours on Wednesday, trading at $147.25 at the time of publication, according to Benzinga Pro.

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