Five Below, Inc. (FIVE) Q2 2027 Earnings Call Transcript

Five Below, Inc. ( FIVE ) Q2 2027 Earnings Call September 2, 2026 4:30 PM EDT Company Participants Christiane Pelz - Vice President of Investor Relations Winifred Park - President, CEO & Director Daniel Sullivan - CFO & Treasurer Conference Call Participants Randal Konik - Jefferies LLC, Research Division Krisztina Katai - Deutsche Bank AG, Research Division Matthew Boss - JPMorgan Chase & Co, Research Division Robert Ohmes - BofA Securities, Research Division Michael Lasser - UBS Investment Bank, Research Division David Bellinger - Mizuho Securities USA LLC, Research Division Joseph Feldman - Telsey Advisory Group LLC Scot Ciccarelli Charles Grom - Gordon Haskett Research Advisors Jeremy Hamblin - Craig-Hallum Capital Group LLC, Research Division Edward Kelly - Wells Fargo Securities, LLC, Research Division Katharine McShane - Goldman Sachs Group, Inc., Research Division John Heinbockel - Guggenheim Securities, LLC, Research Division Zhihan Ma - Bernstein Institutional Services LLC, Research Division Phillip Blee - William Blair & Company L.L.C., Research Division Christiane Pelz Vice President of Investor Relations Thank you. Good afternoon, everyone, and thanks for joining us today for Five Below's Second Quarter 2026 Financial Results Conference Call. On today's call are Winnie Park, Chief Executive Officer; and Dan Sullivan, Chief Financial Officer and Treasurer. After management has made their formal remarks, we will open the call to questions. Certain comments made during this call may constitute forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from such statements, including those described in the press release and our SEC filings. In this presentation, we will refer to our SG&A expenses, which for us includes depreciation and