Five Below gains after FY net sales, profit forecast raise

Shares of discount retailer Five Below FIVE.O inch up 3% to $168 premarket

Co sees annual net sales in the range of $4.62-$4.65 bln, up from $4.44-$4.52 bln previously

FY26 adj. EPS forecast between $5.71-$5.89 vs $4.76-$5.16 earlier

Co's Q3 results also above analysts' estimates

Jefferies says co's model is fuelling growth, store expansion remains on track, and merchandising and supply chain execution boost sales; hikes PT to $215 from $185

J.P.Morgan raises PT on stock to $197 from $186

Twelve analysts rate the stock "buy" or higher, 12 rate it "hold" and one "sell"; median PT at $175 - data compiled by LSEG

FIVE stock up over 55% YTD, till last close