Five Below Inc. (NASDAQ: FIVE)
Specialty Retail Β· Philadelphia, PA, United States Β· Founded 2002
- 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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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.
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.
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.
| Market Capitalization | $5.0B |
| Annual Revenue | $3.23B |
| Net Income | $0.26B |
| Profit Margin | 8% |
| Revenue per Employee | $161500K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | FIVE |
Financial data is approximate and based on most recent annual filings.
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.
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.
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.
| CEO | Joel Anderson |
| Sector | Consumer Cyclical |
| Industry | Specialty Retail |
| Founded | 2002 |
| HQ | Philadelphia, PA |
| Country | United States |
| Website | fivebelow.com |
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