Five Below, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Winifred Y. Park
- Full Time Employees
- 24,600
- Sector
- Retail trade
- Industry
- Discount stores
- Address
- 701 Market Street Philadelphia PA United States 19106
- IPO Date
- Jul 18, 2012
- CIK
- 0001177609
- Website
- fivebelow.com
- Similar Companies
- Business
- Five Below, Inc. (Nasdaq: FIVE) operates as a leading high-growth specialty value retailer targeting tweens, teens and beyond with trend-right, high-quality products priced primarily at $5 or less and select extreme-value items up to $25 or more; its eight core worlds include Style (fashion accessories, apparel, jewelry), Room (décor, lighting, storage), Sports (athletic gear, outdoor games), Tech (headphones, phone cases, chargers, gadgets), Create (arts, crafts, DIY kits), Party (supplies, decorations, gag gifts, greeting cards), Candy (novelty candy, snacks, chilled beverages), and New & Now (seasonal, licensed merchandise, toys, games, beauty, wellness). Headquartered in Philadelphia, Pennsylvania, the company was founded in 2002 by Tom Vellios and David Schlessinger, who launched the first store in Wayne, Pennsylvania, evolving from Cheap Holdings, Inc.; it now operates over 1,850 stores across 44 states in the United States, with a focus on high-traffic mall and shopping center locations. Five Below generates revenue through in-store sales of its ever-changing assortment, emphasizing experiential shopping with high inventory turnover, robust supply chain management, and impulse-driven purchases in the consumer discretionary specialty retail sector. Recent developments include aggressive store expansion with 32 net new openings in Q2 fiscal 2025 to reach 1,858 locations, entry into the Pacific Northwest market via eight new stores in Washington and Oregon in November 2025 (some in former Party City sites following its 2025 bankruptcy auction wins), and raised full-year fiscal 2025 guidance for net sales of $4.44 billion to $4.52 billion alongside plans for approximately 150 net new stores; leadership enhancements under CEO Winnie Park (appointed December 2024) feature new chief merchandising officer, chief financial officer, and chief marketing officer hires in 2025, supporting strategic diversification and operational efficiencies amid resilient comparable sales growth of 12.4% in Q2 2025.
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