v3.26.1
Segment Reporting
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has one reportable and operating segment, which derives revenue from sales of the Company’s merchandise to customers at its 1,970 brick & mortar store locations, which operate in 46 states, and online at fivebelow.com. No customer accounts for 10% or more of its revenues.
The accounting policies of the reportable segment are the same as those described in “Note 1 – Summary of Significant Accounting Policies.”
The chief operating decision maker (“CODM”) is the Company’s President and Chief Executive Officer, who assesses and evaluates the performance of the reportable segment. Financial information and data are provided to the CODM on a consolidated basis. The CODM uses consolidated sales and consolidated net income to evaluate performance, make key operating decisions and allocate resources. The Company’s significant segment expenses are included on the “Consolidated Statements of Operations” in Item 1 “Consolidated Financial Statements” of this Form 10-Q. See “Note 2 – Revenue from Contracts with Customers” for the Company’s disaggregated revenue by groups of products.
Identifiable segment assets, including the significant segment assets of Cash and Cash Equivalents, Inventory and Accounts Payable, are included on the “Consolidated Balance Sheets” in Item 1 “Consolidated Financial Statements" of this Form 10-Q.
The following table details segment profit and loss for the Company's one reportable segment:
 Thirteen Weeks Ended
May 2, 2026May 3, 2025
Net sales$1,285,602 $970,527 
Cost of goods sold806,960 646,614 
Advertising costs18,369 15,048 
Store and corporate expenses254,907 211,454 
Depreciation and amortization51,123 46,564 
Interest income and other income, net8,255 5,647 
Income tax expense39,442 15,346 
Net income$123,056 $41,148