Five Below, Inc. filed its quarterly report on Form 10-Q for the thirteen and twenty-six weeks ended August 1, 2026 with the SEC on September 3, 2026, reporting a significant increase in net sales and net income compared to the prior-year period.

Key Highlights

  • Net sales of $1.26 billion: Net sales for the thirteen weeks ended August 1, 2026 were $1,261,493 thousand, compared to $1,026,847 thousand for the same period in the prior year.
  • Net income of $221.4 million: Net income for the second quarter was $221,395 thousand, up from $42,762 thousand in the thirteen weeks ended August 2, 2025.
  • Diluted EPS of $3.99: Diluted income per common share for the quarter was $3.99, compared to $0.77 in the prior-year quarter.
  • Twenty-six week net sales of $2.55 billion: Net sales for the twenty-six weeks ended August 1, 2026 were $2,547,095 thousand, versus $1,997,374 thousand in the comparable prior-year period.
  • Total shareholders' equity of $2.48 billion: Shareholders' equity stood at $2,476,123 thousand as of August 1, 2026, compared to $1,907,247 thousand as of August 2, 2025.
  • Share repurchases in the quarter: During the thirteen weeks ended August 1, 2026, the company repurchased and retired 310,501 shares for $60,363 thousand.
  • 55,054,035 shares outstanding: Common shares outstanding as of September 2, 2026 were 55,054,035.

Five Below's Second-Quarter and Half-Year Financial Results for Fiscal 2026

According to the filing, Five Below, Inc. (NASDAQ:FIVE) reported net sales of $1,261,493 thousand for the thirteen weeks ended August 1, 2026, an increase from $1,026,847 thousand in the thirteen weeks ended August 2, 2025. Cost of goods sold for the quarter was $649,070 thousand, compared to $684,478 thousand in the prior-year quarter. Selling, general and administrative expenses were $285,870 thousand, and depreciation and amortization was $51,203 thousand, the filing disclosed. Operating income for the quarter reached $275,350 thousand, versus $52,365 thousand in the prior-year period.

The company reported interest income and other income, net, of $15,418 thousand for the second quarter, contributing to income before income taxes of $290,768 thousand. After income tax expense of $69,373 thousand, net income for the thirteen weeks ended August 1, 2026 was $221,395 thousand, according to the filing. For the twenty-six weeks ended August 1, 2026, the registrant reported net income of $344,451 thousand, compared to $83,910 thousand in the prior-year half-year period. Net cash provided by operating activities for the twenty-six weeks ended August 1, 2026 was $442,710 thousand, versus $225,658 thousand in the comparable period.

As of August 1, 2026, the filing reported total assets of $5,277,826 thousand. Cash and cash equivalents were $561,083 thousand, and short-term investment securities were $626,821 thousand. Inventories stood at $941,162 thousand. Total liabilities were $2,801,703 thousand, including operating lease liabilities totaling $2,038,638 thousand in current and long-term portions combined. During the second quarter, the company also repurchased and retired 310,501 shares of common stock for a total of $60,363 thousand, as reflected in the statements of shareholders' equity.

What Was Disclosed

Five Below filed its Form 10-Q for the quarter and half-year ended August 1, 2026, disclosing income statement, balance sheet, shareholders' equity, and cash flow results, along with share repurchase activity and share count information as of September 2, 2026.