{"schema_version":"secwatch.filing_event.v1","accession":"0001177609-24-000005","form_type":"8-K","ticker":"FIVE","cik":"0001177609","company_name":"FIVE BELOW, INC","filed_at":"2024-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.573080+00:00","generated_at":"2026-06-04T11:19:33.458061+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Five Below Q4 EPS $3.65, net sales $1.34B; guides FY24 EPS $5.71-$6.22","bullets":["Q4 net sales up 19.1% to $1.34B; comparable sales +3.1%; diluted EPS $3.65 (+19% YoY).","Full year net sales $3.56B (+15.7%); diluted EPS $5.41; 204 net new stores opened in FY23.","Higher-than-anticipated shrink headwinds offset profitability; no improvement baked into FY24 outlook.","FY24 guidance: net sales $3.97-$4.07B; diluted EPS $5.71-$6.22; plans 225-235 new stores, ~200 Five Beyond conversions.","Repurchased ~500,000 shares for $80.0M in fiscal 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001177609-24-000005","json":"https://secwatch.observer/filing/0001177609-24-000005.json","markdown":"https://secwatch.observer/filing/0001177609-24-000005.md","text":"https://secwatch.observer/filing/0001177609-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/0001177609-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/five-20240320.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T11:19:33.458061+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"96a582fd3dc6261b36e41bd35ede50d57d47f809","claim":"FIVE BELOW, INC reported fourth quarter of fiscal 2023 results: revenue $1.34 billion, net income $202.2 million, EPS $3.65.","evidence_excerpt":"For the fourth quarter ended February 3, 2024: • Net sales increased by 19.1% to $1.34 billion from $1.12 billion in the fourth quarter of fiscal 2022. Excluding the impact of the 53rd week in fiscal 2023, net sales increased 14.9%; comparable sales increased by 3.1% on a thirteen week basis. • Net sales in the 53rd week were $48.1 million and represented approximately $0.15 cents in diluted earnings per share. • The Company opened 63 net new stores and ended the quarter with 1,544 stores in 43 states. This represents an increase in stores of 15.2% from the end of the fourth quarter of fiscal 2022. • Operating income was $268.4 million compared to $225.8 million in the fourth quarter of fiscal 2022. • The effective tax rate was 25.8% compared to 24.8% in the fourth quarter of fiscal 2022. • Net income was $202.2 million compared to $171.3 million in the fourth quarter of fiscal 2022. • Diluted income per common share was $3.65 compared to $3.07 in the fourth quarter of fiscal 2022. The","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/0001177609-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of fiscal 2023"},{"label":"Revenue","value":"$1.34 billion"},{"label":"Net income","value":"$202.2 million"},{"label":"EPS","value":"$3.65"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c689f0fed623c70e56ab5f2f6fd655f6a83dd790","claim":"FIVE BELOW, INC reported full year of fiscal 2023 results: revenue $3.56 billion, net income $301.1 million, EPS $5.41.","evidence_excerpt":"For the fiscal year ended February 3, 2024: • Net sales increased by 15.7% to $3.56 billion from $3.08 billion in fiscal 2022. Excluding the impact of the 53rd week in fiscal 2023, net sales increased 14.1%; comparable sales increased by 2.8% on a fifty-two week basis. • Net sales in the 53rd week were $48.1 million and represented approximately $0.15 cents in diluted earnings per share. • The Company opened 204 net new stores compared to 150 new stores in fiscal 2022. • Operating income was $385.6 million compared to $345.0 million in fiscal 2022. • The effective tax rate was 24.9% compared to 24.7% in fiscal 2022. • Net income was $301.1 million compared to $261.5 million in fiscal 2022. • Diluted income per common share was $5.41 compared to $4.69 in fiscal 2022. The benefit from share-based accounting was approximately $0.07 in fiscal 2023 compared to approximately $0.04 in fiscal 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/0001177609-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year of fiscal 2023"},{"label":"Revenue","value":"$3.56 billion"},{"label":"Net income","value":"$301.1 million"},{"label":"EPS","value":"$5.41"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d95f7ea22f23d1b77e8df89bcb6fb076e3523744","claim":"FIVE BELOW, INC reported first quarter of fiscal 2024 results: revenue $826 million to $846 million, net income $32 million to $38 million, EPS $0.58 to $0.69. Guidance initiated.","evidence_excerpt":"For the first quarter of Fiscal 2024: • Net sales are expected to be in the range of $826 million to $846 million based on opening approximately 55 to 60 new stores and assuming an approximate flat to 2% increase in comparable sales. • Net income is expected to be in the range of $32 million to $38 million. • Diluted income per common share is expected to be in the range of $0.58 to $0.69 on approximately 55.6 million diluted weighted average shares outstanding.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/0001177609-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024"},{"label":"Revenue","value":"$826 million to $846 million"},{"label":"Net income","value":"$32 million to $38 million"},{"label":"EPS","value":"$0.58 to $0.69"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"e146c07e3b81fe30cd03ec3538cf4493471af8b8","claim":"FIVE BELOW, INC reported full year of fiscal 2024 results: revenue $3.97 billion to $4.07 billion, net income $318 million to $346 million, EPS $5.71 to $6.22. Guidance initiated.","evidence_excerpt":"For the full year of Fiscal 2024: • Net sales are expected to be in the range of $3.97 billion to $4.07 billion based on opening between 225 and 235 new stores and assuming an approximate flat to 3% increase in comparable sales. • Net income is expected to be in the range of $318 million to $346 million. • Diluted income per common share is expected to be in the range of $5.71 to $6.22 on approximately 55.6 million diluted weighted average shares outstanding.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/0001177609-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year of fiscal 2024"},{"label":"Revenue","value":"$3.97 billion to $4.07 billion"},{"label":"Net income","value":"$318 million to $346 million"},{"label":"EPS","value":"$5.71 to $6.22"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}