Five Below, Inc.
Philadelphia-based discount retailer operating 2,000-plus trend-right stores for tweens and teens, reporting $4.76 billion in fiscal 2025 sales on NASDAQ under FIVE.
Company Type
public
Founded
2002
Headquarters
Philadelphia, Pennsylvania, USA
Stock
NASDAQ: FIVE
Revenue
$4.76 billion (FY2025, ended January 31, 2026)
Employees
Approximately 30,000
Primary Market
United States
About Five Below, Inc.
Is Five Below publicly traded?
Yes, on NASDAQ under ticker FIVE.
How many stores does Five Below have?
1,921 at the end of fiscal 2025 in January 2026, passing 2,000 across 47 states during the year, targeting 3,500-plus.
What was fiscal 2025 revenue?
$4.76 billion, up 22.9%, with $358.6 million in net income.
Who is the CEO?
Winnie Park, who took the role in 2024 after Joel Anderson's departure.
Is everything under $5?
Most items are $1 to $5, with a Five Beyond assortment above the price point.
Who founded Five Below?
David Schlessinger and Tom Vellios in the Philadelphia area in 2002.
History of Five Below, Inc.
David Schlessinger, the entrepreneur behind Zany Brainy and Encore Books, and Tom Vellios opened the first Five Below in the greater Philadelphia area in 2002. The rigid $5 price ceiling for tween trend merchandise defined the brand.
Growth through the Northeast led to a 2012 NASDAQ IPO, which funded national expansion from a few hundred stores to more than 1,500 by 2023. The company survived the Toys R Us collapse and pandemic disruption while refining its fast-turn merchandise model.
Fiscal 2024 produced a rare 2.7% comparable sales decline, prompting a leadership transition to CEO Winnie Park and a renewed focus on product newness and value clarity. Fiscal 2025 vindicated the pivot: sales up 22.9% to $4.76 billion, comps up 12.8%, and record profitability.
The company expanded its "Five Beyond" assortment above the $5 line to capture higher-ticket items while keeping the core under-$5 promise. Fiscal 2026 guidance projects $5.2 to $5.3 billion in sales.
Brands Owned by Five Below, Inc.
Five Below, Inc. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
Five Below, Inc.
public · Founded 2002 · Philadelphia, Pennsylvania, USA
1
brands
Stock Information
Five Below, Inc. Ownership: Pros & Cons
Advantages
- +Public company with self-funded 150-store annual expansion
- +Best-in-class fiscal 2025 growth of 22.9%
- +Clear 3,500-store runway from roughly 2,000
- +Defensible tween and teen niche
- +One-year new store payback economics
Considerations
- -Dependence on fast-moving teen trends
- -Import sourcing exposed to tariffs
- -Thin unit margins at extreme value price points
- -E-commerce is a small share versus physical stores
Frequently Asked Questions About Five Below, Inc.
Is Five Below publicly traded?
Yes, on NASDAQ under ticker FIVE.
How many stores does Five Below have?
1,921 at the end of fiscal 2025 in January 2026, passing 2,000 across 47 states during the year, targeting 3,500-plus.
What was fiscal 2025 revenue?
$4.76 billion, up 22.9%, with $358.6 million in net income.
Who is the CEO?
Winnie Park, who took the role in 2024 after Joel Anderson's departure.
Is everything under $5?
Most items are $1 to $5, with a Five Beyond assortment above the price point.
Who founded Five Below?
David Schlessinger and Tom Vellios in the Philadelphia area in 2002.
Sources & Further Reading
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