Five Below jumps after raising annual forecasts

Five Below also posted second-quarter sales of $1.26 billion, beating estimates of $1.22 billion, according to data compiled by LSEG.

It logged quarterly adjusted profit of $1.68 per share, topping estimates of $1.39 per share.

Up to the last close, the stock was up about 29% year to date.

Shares of discount retailer Five Below (FIVE.O) were up about 6% at $258 in extended trading after the company raised its annual forecasts, betting on resilient demand from value-focused shoppers at its stores.

The company now expects full-year comparable sales to grow in the range of 10% to 12%, compared with its prior forecast of a 6% to 8% rise. It also sees fiscal 2026 adjusted income per share in the range of $9.83 to $10.31, versus previous expectations of $8.65 to $9.05, excluding the impact of tariff refunds.