---
schema_version: "secwatch.filing_event.v1"
accession: "0001177609-23-000006"
form_type: "8-K"
ticker: "FIVE"
cik: "0001177609"
company_name: "FIVE BELOW, INC"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T01:41:50.800638+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five Below Q4 net sales up 13%, EPS $3.07 (+23% YoY); guides FY23 EPS $5.25-$5.76

## Summary
- Q4 net sales $1,122.8M (+12.7% YoY); comparable sales +1.9%; diluted EPS $3.07 vs $2.49.
- FY2022 net sales $3,076.3M (+8.0%); comparable sales -2.0%; diluted EPS $4.69 vs $4.95.
- FY2023 guidance: net sales $3.49B-$3.59B, EPS $5.25-$5.76; plans to open 200 new stores.
- Q1 FY2023 guidance: net sales $723M-$735M, EPS $0.59-$0.65.
- Repurchased 247K shares for ~$40M in FY2022; no debt, strong balance sheet.

## SEC filing metadata
- accession: 0001177609-23-000006
- form_type: 8-K
- ticker: FIVE
- cik: 0001177609
- company_name: FIVE BELOW, INC
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000006/0001177609-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000006/five-20230315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001177609-23-000006
- JSON: https://secwatch.observer/filing/0001177609-23-000006.json
- Plain text: https://secwatch.observer/filing/0001177609-23-000006.txt

## Key facts
- Earnings Releases
  FIVE BELOW, INC reported full year fiscal 2022 ended January 28, 2023 results: revenue $3,076.3 million, net income 261.5 million, EPS 4.69.
  - Period: full year fiscal 2022 ended January 28, 2023
  - Revenue: $3,076.3 million
  - Net income: 261.5 million
  - EPS: 4.69
  - Result: reported results
  source text: Net sales increased by 8.0% to $3,076.3 million from $2,848.4 million in fiscal 2021; comparable sales decreased by 2.0% versus fiscal 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000006/0001177609-23-000006-index.htm
- Earnings Releases
  FIVE BELOW, INC reported full year fiscal 2022 ended January 28, 2023 results: revenue $3,076.3 million, net income 261.5 million, EPS 4.69.
  - Period: full year fiscal 2022 ended January 28, 2023
  - Revenue: $3,076.3 million
  - Net income: 261.5 million
  - EPS: 4.69
  - Result: reported results
  source text: analytics and our five-node DC network to continue to deliver the Wow that is our customer promise.” For the fiscal year ended January 28, 2023: • Net sales increased by 8.0% to $3,076.3 million from $2,848.4 million in fiscal 2021; comparable sales decreased by 2.0% versus fiscal 2021. • The Company opened 150 new stores compared to 170 net new stores in fiscal 2021. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000006/0001177609-23-000006-index.htm
- Earnings Releases
  FIVE BELOW, INC reported fourth quarter of fiscal 2022 ended January 28, 2023 results: revenue $1,122.8 million, net income 171.3 million, EPS 3.07.
  - Period: fourth quarter of fiscal 2022 ended January 28, 2023
  - Revenue: $1,122.8 million
  - Net income: 171.3 million
  - EPS: 3.07
  - Result: reported results
  source text: Net sales increased by 12.7% to $1,122.8 million from $996.3 million in the fourth quarter of fiscal 2021; comparable sales increased by 1.9% versus the fourth quarter of fiscal 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000006/0001177609-23-000006-index.htm
- Earnings Releases
  FIVE BELOW, INC reported fourth quarter of fiscal 2022 ended January 28, 2023 results: revenue $1,122.8 million, net income 171.3 million, EPS 3.07.
  - Period: fourth quarter of fiscal 2022 ended January 28, 2023
  - Revenue: $1,122.8 million
  - Net income: 171.3 million
  - EPS: 3.07
  - Result: reported results
  source text: fourth quarter and full year of fiscal 2022 ended January 28, 2023 and outlook for fiscal 2023. For the fourth quarter ended January 28, 2023: • Net sales increased by 12.7% to $1,122.8 million from $996.3 million in the fourth quarter of fiscal 2021; comparable sales increased by 1.9% versus the fourth quarter of fiscal 2021. • The Company opened 48 new stores and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000006/0001177609-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.