---
schema_version: "secwatch.filing_event.v1"
accession: "0001177609-23-000025"
form_type: "8-K"
ticker: "FIVE"
cik: "0001177609"
company_name: "FIVE BELOW, INC"
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:13:20.712607+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five Below Q3 net sales up 14.2% to $736.4M, beats guidance; raises FY2023 midpoint

## Summary
- Q3 net sales $736.4M (+14.2% YoY); comparable sales +2.5% with transaction growth of 3.1%.
- Diluted EPS $0.26 (vs $0.29 Q3 2022); net income $14.6M (vs $16.1M).
- Raised midpoint of FY2023 guidance: full-year net sales $3.54B-$3.57B, EPS $5.40-$5.56.
- Opened record 74 new stores in Q3; ended quarter with 1,481 stores in 43 states.
- Board authorized new $100M share repurchase program through Nov 2026, replacing prior program.

## SEC filing metadata
- accession: 0001177609-23-000025
- form_type: 8-K
- ticker: FIVE
- cik: 0001177609
- company_name: FIVE BELOW, INC
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000025/0001177609-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000025/five-20231129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001177609-23-000025
- JSON: https://secwatch.observer/filing/0001177609-23-000025.json
- Plain text: https://secwatch.observer/filing/0001177609-23-000025.txt

## Key facts
- Earnings Releases
  FIVE BELOW, INC reported year to date period ended October 28, 2023 results: revenue $2.22 billion, net income $98.9 million, EPS $1.78.
  - Period: year to date period ended October 28, 2023
  - Revenue: $2.22 billion
  - Net income: $98.9 million
  - EPS: $1.78
  - Result: reported results
  source text: Net sales increased by 13.7% to $2.22 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000025/0001177609-23-000025-index.htm
- Earnings Releases
  FIVE BELOW, INC reported third quarter ended October 28, 2023 results: revenue $736.4 million, net income $14.6 million, EPS $0.26.
  - Period: third quarter ended October 28, 2023
  - Revenue: $736.4 million
  - Net income: $14.6 million
  - EPS: $0.26
  - Result: reported results
  source text: Net sales increased by 14.2% to $736.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000117760923000025/0001177609-23-000025-index.htm

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