By Katherine Hamilton

Five Below raised its full-year outlook for the second consecutive quarter after third-quarter profit and sales jumped.

The dollar-store chain said Wednesday it now expects annual revenue to be $4.62 billion to $4.65 billion, up from prior guidance of $4.44 billion to $4.52 billion. It expects adjusted earnings per share to be $5.71 to $5.89, compared with the earlier range of $4.76 to $5.16.

For the current fourth quarter, Five Below anticipates sales of $1.58 billion to $1.61 billion with adjusted earnings per share of $3.36 to $3.54. Analysts polled by FactSet were expecting $1.55 billion in sales with $3.28 a share in adjusted earnings.

The Philadelphia chain posted a profit of $36.5 million, or 66 cents a share, in the quarter ended Nov. 1, compared with $1.7 million, or 3 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 68 cents, ahead of the 25 cents anticipated by analysts, according to FactSet.

Revenue rose 23%, to $1.04 billion. Analysts surveyed by FactSet forecast revenue of $981 million.

Same-store sales jumped 14%, while analysts were expecting 7.4% growth.

Chief Executive Winnie Park, who took the helm in December 2024, said the outperformance came as the company is focused on offering merchandise that is on trend and doing a better job of targeting customers with marketing campaigns.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

December 03, 2025 16:38 ET (21:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.