Five Below raises Q3 2026 earnings and revenue guidance

Five Below has updated its earnings guidance for the third quarter of 2026. The company projected earnings per share (EPS) between $1.010 and $1.130, which exceeds the consensus estimate of $0.860. Additionally, the company issued revenue guidance of approximately $1.2 billion, surpassing the consensus estimate of $1.1 billion.

For the full fiscal year 2026, Five Below updated its EPS guidance to a range of $9.830 to $10.310. Following these updates, various analysts have adjusted their outlooks; Mizuho raised its target price to $278.00 with an ‘outperform’ rating, while Loop Capital lowered its rating from ‘buy’ to ‘hold’ with a $250.00 target.