Five Below Q3 Sales Rise 14.6% as GAAP EPS Falls to $0.03; Full-Year Guidance Raised
Five Below reported third-quarter fiscal 2024 net sales up 14.6% to $843.7 million, but GAAP operating results swung to a $0.6 million operating loss from $16.1 million income a year earlier, and GAAP diluted EPS was $0.03 versus $0.26. The company also raised its full-year 2024 guidance and named Winnie Park chief executive officer effective December 16, 2024.
Key points
- Q3 net sales rose 14.6% to $843.7 million; comparable sales rose 0.6%
- Q3 GAAP diluted EPS was $0.03 vs. $0.26 a year earlier; adjusted diluted EPS was $0.42
- Full-year 2024 GAAP diluted EPS guidance is $4.34 to $4.52, with net sales of $3.84 billion to $3.87 billion
- Winnie Park appointed CEO effective December 16, 2024; Ken Bull continues as COO
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 04, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.