Five Below (FIVE) Tumbles 14% on Weak Guidance; Ross Stores (ROST) Gains 6.3% on Q1 Beat

Shares of Five Below (NASDAQ:FIVE) fell 13.9% on June 5, 2026, after the discount retailer’s weaker-than-expected full-year outlook overshadowed a 32.5% revenue jump in the first quarter. In contrast, Ross Stores (NASDAQ:ROST) rose 6.3% following a strong earnings beat and raised profit forecast. Five Below’s revenue of $1.29 billion topped estimates by 5.7%, but its annual guidance missed Wall Street expectations. Ross Stores posted $6.01 billion in revenue, up 20.6% year-over-year, and lifted its earnings per share view. Elsewhere, Ollie’s Bargain Outlet (NASDAQ:OLLI) declined 6% after a slight revenue shortfall, Burlington Stores (NYSE:BURL) slipped 1.3%, and TJX (NYSE:TJX) gained 5.3% on solid results. Collectively, the five discount retailers tracked beat first-quarter revenue consensus by 3.3%, yet aggregate guidance for the next quarter came in 0.7% below estimates, signaling caution on consumer spending.