Five Below

Five Below, Inc.
Company typePublic
IndustryDiscount store, gift shop
FoundedOctober 4, 2002 (2002-10-04)
Wayne, Pennsylvania, U.S.
FoundersDavid Schlessinger, Tom Vellios
Headquarters
Philadelphia, Pennsylvania
,
United States
Number of locations
  • over 1,800 (2025)
  • 1,400+ (2023)
  • 353 (2014)
Area served
United States—44 states
Key people
Winnie Park (CEO)
ProductsSports, 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
Websitefivebelow.com

Five Below, Inc. is an American chain of specialty discount gift shops that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $30. Founded in 2002 by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens. There are over 1,800 stores located across the United States.