Five Below Q1 net sales +19.5% to $970.5M, comp +7.1%, raises FY EPS low end, CFO steps down

FIVE BELOW, INC

2025-Q1 EPS reported $0.75 revenue$970,527,000

Q1 GAAP diluted EPS $0.75; adjusted diluted EPS $0.86 (vs $0.57/$0.60 last year).
Opened 55 new stores, ending quarter with 1,826 stores in 44 states.
FY2025 sales guidance raised to $4.33B-$4.42B; adjusted EPS guidance raised to $4.25-$4.72.
CFO Kristy Chipman stepping down; COO Ken Bull appointed interim CFO (former CFO).
Q2 outlook: sales $975M-$995M, adjusted diluted EPS $0.50-$0.62.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Thomas Vellios

Executive Chairman

FIVE · FIVE BELOW, INC

Effective: 2025-06-12
Filed: June 4, 2025, 7:59 PM ET

Thomas Vellios, the Company’s co-founder and the Executive Chairman of its Board of Directors (the “Board”), is not standing for reelection at the upcoming 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and will cease employment with the Company on June 12, 2025

Appointed (interim)

Kenneth R. Bull

Chief Financial Officer and Treasurer

FIVE · FIVE BELOW, INC

Effective: 2025-06-06
Filed: June 4, 2025, 7:59 PM ET

On June 4, 2025, the Board appointed Mr. Kenneth R. Bull, the Chief Operating Officer of the Company, to also serve as the Company’s Chief Financial Officer and Treasurer on an interim basis, effective as of the cessation of Ms. Chipman’s service on June 6, 2025

Departed

Kristy Chipman

Chief Financial Officer and Treasurer

FIVE · FIVE BELOW, INC

Effective: 2025-06-06
Successor: Kenneth R. Bull
Filed: June 4, 2025, 7:59 PM ET

On June 4, 2025, the Company and Kristy Chipman, its Chief Financial Officer and Treasurer, entered into a letter agreement providing for the cessation of Ms. Chipman’s employment by the Company in all capacities, effective as of June 6, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Vellios departed as Executive Chairman at FIVE BELOW, INC.

Action: will cease employment
Role: Executive Chairman

Exact text from the filing

Thomas Vellios, the Company’s co-founder and the Executive Chairman of its Board of Directors (the “Board”), is not standing for reelection at the upcoming 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and will cease employment with the Company on June 12, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth R. Bull was appointed as Chief Financial Officer and Treasurer at FIVE BELOW, INC.

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On June 4, 2025, the Board appointed Mr. Kenneth R. Bull, the Chief Operating Officer of the Company, to also serve as the Company’s Chief Financial Officer and Treasurer on an interim basis, effective as of the cessation of Ms. Chipman’s service on June 6, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kristy Chipman resigned as Chief Financial Officer and Treasurer at FIVE BELOW, INC.

Action: resigned
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On June 4, 2025, the Company and Kristy Chipman, its Chief Financial Officer and Treasurer, entered into a letter agreement providing for the cessation of Ms. Chipman’s employment by the Company in all capacities, effective as of June 6, 2025

View on SEC.gov

FIVE BELOW, INC filing history →

Source: SEC EDGAR

accession 0001177609-25-000019

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