Five Below
Exterior of Five Below's first store in Wayne, Pennsylvania. | |
| Company type | Public |
|---|---|
| Industry | Discount store, Retail |
| Founded | October 4, 2002 Wayne, Pennsylvania, U.S. |
| Founders | David Schlessinger, Tom Vellios |
| Headquarters | Philadelphia, Pennsylvania , United States |
Number of locations |
|
Area served | United States—46 states |
Key people | Winnie Park (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) |
| US$379.880 million (Fiscal Year Ended January 29, 2022) | |
| US$278.810 million (Fiscal Year Ended January 29, 2022) | |
| Total assets | US$2.880 billion (Fiscal Year Ended January 29, 2022) |
| Total equity | US$1.120 billion (Fiscal Year Ended January 29, 2022) |
Number of employees | over 30,000 |
| Website | fivebelow |
Five Below, Inc. is an American chain of specialty discount gift shops that prices most of its products at up to $5, plus a smaller assortment of products priced up to $40. Founded in 2002 by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens. By 2014, there were more than 1,850 stores located across the United States.