FIVE BELOW earned $221,395,000 during the thirteen weeks ended August 1, 2026, compared with $42,762,000 in the comparable period. Net sales reached $1,261.5 million, while the company also approved a new $600 million share repurchase program, giving investors a larger authorized capital-return framework.

Key Highlights

  • Cash and cash equivalents stood at $561,083,000, alongside $626,821,000 in short-term Investment securities.
  • Approximately $225 million remained available under FIVE BELOW’s revolving Credit Facility as of August 1, 2026.
  • The company’s board approved a new share repurchase program authorizing up to $600 million of common stock.

Quarterly Profit And Sales

Income tax expense was $69.4 million versus $15.1 million. Net Income for the thirteen-week period was $221,395,000.

Cash, Investments And Inventory

Cash and cash equivalents were $561,083,000 as of August 1, 2026. Short-term investment securities totaled $626,821,000, while inventories stood at $941,162,000. Total current Assets were $2,235,352,000. Property and equipment, net, amounted to $1,250,477,000, and operating Lease assets were $1,766,069,000. Total assets reached $5,277,826,000. Accounts Payable were $436,734,000, with accrued salaries and wages of $44,341,000 and other accrued expenses of $215,896,000. Operating lease liabilities totaled $307,637,000 on a current basis and $1,731,001,000 on a long-term basis. The Balance Sheet showed no borrowings under the line of credit as of August 1, 2026. Approximately $225 million was available under the revolving credit facility.

Capital Spending And Store Growth

FIVE BELOW (NASDAQ: FIVE) plans cash Capital expenditures of approximately $250 million to $260 million in fiscal 2026, excluding tenant allowances. Approximately $100 million of the Capital Expenditure budget is expected to support the construction and opening of approximately 150 net new stores. The revolving credit facility expires in September 2027.

Share Repurchase Authorization

The company’s board approved a new share repurchase program on August 29, 2026, authorizing purchases of up to $600 million of common stock. The new program has no fixed expiration date. It remains active until the authorized common stock has been acquired or the program is replaced, suspended or terminated.