FIVE Maintained by Goldman Sachs -- Price Target Raised to $306

Five Below (FIVE) reported Q2 net sales of $1.26B, up 22.9% YoY, with comparable sales up 14.1%. Adjusted operating income rose to $113.2M. The company raised full-year sales guidance to $5.63B-$5.71B and authorized a $600M repurchase program. It ended the quarter with $561.1M in cash and no debt.

Five Below (FIVE) shares rose 6.2% premarket after Q2 earnings beat estimates ($1.68 EPS vs. $1.33) and net sales grew 22.9% YoY to $1.26B. Comparable sales increased 14.1%. The company raised FY2026 guidance for net sales ($5.63B-$5.71B) and EPS ($9.83-$10.31). Analysts updated price targets (DB: $334, JEF: $350).

Five Below (FIVE) shares rose 6.1% after Mizuho and other analysts raised price targets following strong Q2 results. Revenue was $1.26B (+22.9% YoY), EPS $1.68 (+19.3% vs. estimates). The company raised FY guidance and expanded to 2,022 stores. (280/350 chars)

Five Below (FIVE) opened 52 net new stores in Q2, ending with 2,022 locations. Adjusted gross profit rose 31% to $449M, and adjusted operating income more than doubled to $113M. The company raised its full-year sales outlook to $5.63B-$5.71B and expects Q3 sales of $1.21B-$1.23B. It plans to invest in store experience and digital capabilities using tariff refunds.

Jim Cramer of CNBC's 'Mad Money' argued that Five Below's stock is undervalued after its latest quarterly results, despite a market downturn. The retailer beat expectations with 14.1% comparable sales growth and raised its full-year guidance. Cramer attributed the market's reaction to concerns about decelerating growth and higher oil prices, but he highlighted CEO Winnie Park's successful turnaround strategy. Five Below's new earnings forecast implies over 50% growth, making the stock attractive

Five Below (FIVE) reported a 108% revenue increase, beating estimates, and raised its full-year outlook. Analysts increased price targets after the Q2 results. The stock surged early Thursday.