Five Below, Inc. (FIVE) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

SA Transcripts 162.13K Followers Follow Five Below, Inc. ( FIVE ) Barclays 19th Annual Global Consumer Staples Conference September 9, 2026 10:30 AM EDT Company Participants Daniel Sullivan - CFO & Treasurer Conference Call Participants Seth Sigman - Barclays Bank PLC, Research Division Presentation Seth Sigman Barclays Bank PLC, Research Division 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. Question-and-Answer Session Seth Sigman Barclays Bank PLC, Research Division 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? Daniel Sullivan CFO & Treasurer Yes. Good morning, Seth. Good to see you. Good morning, everyone. Thank you for spending the time with us. Look, we've got a lot of great news and a lot of great things to share and talk about. I think for me, if I sort of unpack this, what you're seeing in the business right now is a very clear strategy that was put in place by Winnie Park, our CEO, when she joined just under 2 years ago, you're seeing proof points that, that strategy is resonating quite well.