{"schema_version":"secwatch.filing_event.v1","accession":"0001177609-25-000019","form_type":"8-K","ticker":"FIVE","cik":"0001177609","company_name":"FIVE BELOW, INC","filed_at":"2025-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.711241+00:00","generated_at":"2026-05-19T23:39:43.506703+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Five Below Q1 net sales +19.5% to $970.5M, comp +7.1%, raises FY EPS low end, CFO steps down","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001177609-25-000019","json":"https://secwatch.observer/filing/0001177609-25-000019.json","markdown":"https://secwatch.observer/filing/0001177609-25-000019.md","text":"https://secwatch.observer/filing/0001177609-25-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1177609/000117760925000019/0001177609-25-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1177609/000117760925000019/five-20250604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T23:39:43.506703+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":"4c281e920c","claim":"Thomas Vellios departed as Executive Chairman at FIVE BELOW, INC.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760925000019/0001177609-25-000019-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will cease employment"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"98c5255cde","claim":"Kenneth R. Bull was appointed as Chief Financial Officer and Treasurer at FIVE BELOW, INC.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760925000019/0001177609-25-000019-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"c41d3a2bbf","claim":"Kristy Chipman resigned as Chief Financial Officer and Treasurer at FIVE BELOW, INC.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177609/000117760925000019/0001177609-25-000019-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}