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Five Below Inc. (NASDAQ: FIVE)

Specialty Retail Β· Philadelphia, PA, United States Β· Founded 2002

$5.0B
Market Cap
$3.23B
Revenue
20,000
Employees
$0.26B
Net Income
πŸ“Š Key Statistics for Five Below Inc. (FIVE)
  • Market capitalization: $5.0 billion
  • Annual revenue: $3.23 billion
  • Net income: $0.26 billion
  • Employees: 20,000
  • Sector: Consumer Cyclical
  • Headquarters: Philadelphia, United States
  • Founded: 2002

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πŸ“‹ About Five Below Inc.

Five Below is a discount retailer where most items cost $5 or less (with a growing 'Five Beyond' section up to $25). The chain operates 1,600+ stores targeting tweens and teens with trendy, affordable products β€” tech accessories, candy, beauty, room dΓ©cor, and seasonal items. It's the dollar store for Gen Z.

πŸ’° How Five Below Inc. Makes Money

Buy trendy products cheap, sell them at $1-5 price points in high-energy stores designed to feel like a treasure hunt. The low price points drive impulse purchases β€” average transaction is $12-15 with high basket counts. New store openings (200+/year) drive growth since same-store sales are modest.

πŸ“œ Key Milestones

Founded in 2002 in Philadelphia by Tom Vellios and David Schlessinger, Five Below went public in 2012. The company has grown from 100 stores to 1,600+ by targeting suburban strip malls near schools and teen hangouts. The 'Five Beyond' section (items up to $25) was added in 2019 to expand the addressable market.

πŸ“Š Financial Overview
Market Capitalization$5.0B
Annual Revenue$3.23B
Net Income$0.26B
Profit Margin8%
Revenue per Employee$161500K
Stock ExchangeNASDAQ
Ticker SymbolFIVE

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Five Below opens 200+ new stores annually β€” one of the fastest expansion rates in US retail. The stores are designed to feel like a party β€” bright colors, loud music, and product displays that encourage browsing. The company targets the 'tween' demographic (8-14 year olds) that other retailers largely ignore.

πŸ“ Analyst Take

Five Below is a unit growth story β€” the company believes it can reach 3,500+ stores in the US (more than double current count). Each new store is profitable within a year. The risk is that the 'Five Beyond' section dilutes the brand promise, and inflation makes $5 price points harder to maintain with decent margins.

❓ Frequently Asked Questions

What is Five Below Inc.'s revenue?

Five Below Inc. generates approximately $3.23 billion in annual revenue.

How many employees does Five Below Inc. have?

Five Below Inc. employs approximately 20,000 people worldwide.

What is Five Below Inc.'s market cap?

Five Below Inc. (FIVE) has a market capitalization of approximately $5.0 billion on the NASDAQ.

When was Five Below Inc. founded?

Five Below Inc. was founded in 2002 and is headquartered in Philadelphia, PA, United States.

Who is the CEO of Five Below Inc.?

Joel Anderson is the current CEO of Five Below Inc..

What is Five Below Inc.'s website?

Five Below Inc.'s official website is fivebelow.com.