Five Below, Inc. at Barclays Global Consumer Staples Conference Transcript
We're going to get started. Good morning, everyone. My name is Seth Sigman. I am the U.S. hardline broadline food retail analyst at Barclays. My pleasure to have the Five Below management team at our conference this year, Dan Sullivan, CFO. Also in the audience, we have Christiane Pelz, VP IR. Thank you, guys, for being here. Appreciate it.
Questions & Answers
Five Below has delivered incredible top line growth over the last 18 months, double-digit comps in 2025, record start to '26. On the second quarter earnings, you also raised guidance again for 2026. So there's a lot happening here.
It seems to be a very different growth story in the last 18 months. Something is really changing here. So Dan, I'd love to hear from your perspective, key top line drivers, what's driving the growth right now? What is new? What's different in the business? And ultimately, what do you think is having the most impact on these strong results?
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