Exterior of a Five Below store in Bloomfield, Connecticut
Company type
Public
Traded as
Nasdaq: FIVE
S&P 400 component
Industry
Discount store
Founded
October 4, 2002; 21 years ago (2002-10-04) Wayne, Pennsylvania, U.S.
Founders
David Schlessinger, Tom Vellios
Headquarters
Philadelphia, Pennsylvania
,
United States
Number of locations
1,500+ (2024)[1]
1,400+ (2023)[2]
353 (2014)[3]
Area served
United States—43 states
Key people
Joel D. Anderson (CEO)
Products
Sports, games, fashion accessories, bath and body, candy and beverages, room décor and storage, stationery and school supplies, books, smartphone accessories, novelty and gag items, seasonal items
Revenue
US$2.848 billion (Fiscal Year Ended January 29, 2022)[4]
Operating income
US$379.880 million (Fiscal Year Ended January 29, 2022)[4]
Net income
US$278.810 million (Fiscal Year Ended January 29, 2022)[4]
Total assets
US$2.880 billion (Fiscal Year Ended January 29, 2022)[4]
Total equity
US$1.120 billion (Fiscal Year Ended January 29, 2022)[4]
Number of employees
over 15,000
Website
fivebelow.com
Five Below, Inc. is an American chain of specialty discount stores that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $25.[5] Founded by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens.[3] There are over 1,400 stores located across the United States.[3]
^"Investor Home". fivebelow.com. 2024. Retrieved January 19, 2023.
^"Investor Home". fivebelow.com. 2023. Retrieved November 27, 2023.
^ abcCite error: The named reference lally2014 was invoked but never defined (see the help page).
^ abcde"Five Below, Inc. Full Year 2021 Form 10-K Report" (PDF). cloudfront.net. January 29, 2022. Retrieved April 2, 2022.
^"Fivebelow". fivebelow.com. Retrieved October 19, 2023.
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Global Information
US$2.848 billion (Fiscal Year Ended January 29, 2022)[4]