Five Below Inc. reported its first-quarter fiscal 2025 earnings with net sales rising 19.5% year-over-year to $970.5 million, surpassing estimates of $966.5 million. Comparable sales increased by 7.1%, driven by transaction growth. The company posted a GAAP diluted earnings per share (EPS) of $0.75 and an adjusted diluted EPS of $0.86, both above analyst expectations. Operating income rose to $50.8 million from $36.2 million in the prior year. For the second quarter, Five Below guided EPS between $0.45 and $0.57, slightly below the consensus estimate of $0.58. The full-year 2025 outlook projects EPS between $4.04 and $4.51 and net income between $223 million and $249 million, with net sales expected between $4.33 billion and $4.42 billion, in line with estimates. Comparable sales growth for the full year is forecasted at 3% to 5%. The company also announced a transition in its chief financial officer position. Competitors such as Dollar Tree and Dollar General showed stronger earnings results in the same period.