# Five Below

> Five Below is a Philadelphia-based specialty value retailer that turns low-priced, trend-sensitive merchandise into a fast-moving discovery experience for tweens, teens, parents and value shoppers. Its stores and ecommerce channels span candy, style, party, room, creative supplies, technology accessories, sports and a rotating New & Now assortment, with most products priced at $5 or below and selected Five Beyond items priced higher.

- **Founded:** 2002
- **Headquarters:** Philadelphia, United States
- **Founders:** David Schlessinger (Co-founder and former Executive Chairman), Thomas Vellios (Co-founder and Executive Chairman)
- **Team size:** More than 27,000 associates according to the company's LinkedIn description; headcount varies seasonally.
- **Products:** Physical retail stores, Fivebelow.com and mobile app, Candy, Style and Room, Tech and Sports
- **Notable:** Opened its first store in Wayne, Pennsylvania, in 2002., Completed an initial public offering on Nasdaq under the ticker FIVE in 2012., Reached 1,000 stores in 2020.

## Products & services

- **Physical retail stores** — A national chain of high-energy specialty value stores carrying more than 4,000 products in a typical location across eight merchandise worlds.
- **Fivebelow.com and mobile app** — Ecommerce shopping with home delivery and buy-online-pick-up-in-store options.
- **Candy** — Novelty candy, snacks, beverages and seasonal treats.
- **Style and Room** — Beauty, fashion accessories, apparel, décor, storage, lighting and personal-expression products.
- **Tech and Sports** — Phone accessories, audio and gaming accessories alongside fitness, outdoor and sporting goods.
- **Create, Party and New & Now** — Arts and crafts, stationery, celebration supplies, seasonal goods and fast-changing trend merchandise.
- **Five Beyond** — A selected assortment above the core $5 ceiling, extending into higher-ticket extreme-value items.

## Achievements

- Opened its first store in Wayne, Pennsylvania, in 2002.
- Completed an initial public offering on Nasdaq under the ticker FIVE in 2012.
- Reached 1,000 stores in 2020.
- Ended fiscal 2025 with 1,921 stores in 46 states after opening 150 net new stores during the year.
- Generated $4.76 billion in fiscal 2025 net sales, up 22.9% year over year.
- Reported 12.8% comparable-sales growth in fiscal 2025.
- Reached 1,970 stores and $1.286 billion in first-quarter fiscal 2026 net sales.
- Surpassed $10 million raised for Alex's Lemonade Stand Foundation by 2022.
- Helped donate more than 2 million backpacks through the Kids In Need Foundation partnership by 2024.

## Latest updates

- **2026-06** — Named Rodney Lastinger Chief Retail Officer and Christos Yatrakis Chief Legal Officer.
- **2026-06** — Elected former Papa Johns chief executive Robert Lynch to the board of directors.
- **2026-06** — Reported first-quarter fiscal 2026 net sales of $1.286 billion, up 32.5%, with comparable sales up 22.7%; raised its full-year outlook.
- **2026-05** — Ended the first quarter with 1,970 stores in 46 states after opening 49 net new locations.
- **2026-03** — Reported fiscal 2025 net sales of $4.76 billion, up 22.9%, and net income of $358.6 million.
- **2026-01** — Reported a 21.1% increase in holiday-period net sales and raised expectations for the fourth quarter.

## Links

- Website: https://www.fivebelow.com/
- LinkedIn: https://www.linkedin.com/company/five-below
- Twitter/X: https://x.com/fivebelow
- YouTube: https://www.youtube.com/@fivebelow
- Instagram: https://www.instagram.com/fivebelow/
- Facebook: https://www.facebook.com/FiveBelow
- TikTok: https://www.tiktok.com/@fivebelow

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Profile page: https://yespress.io/five-below
Published by YesPress — https://yespress.io
Last updated: 2026-08-13