Five Below (NASDAQ: FIVE) fell more than 13% the day after the company reported a mostly bullish Q1 2026 earnings report. The discount retailer delivered revenue of $1.29 billion. That beat expectations for $1.23 billion and, more importantly, was 32% higher year over year (YOY).
The results were even better on the bottom line. Adjusted earnings per share of $2.22 beat expectations for $1.77 and were 158% higher on a YOY basis.