- Five Below, Inc. is a specialty retailer headquartered in Philadelphia, Pennsylvania, focused on offering trendy products for tweens and teens at prices below $5, positioning itself as a leader in the discount retail market with 1,921 stores across 46 states as of Q4 2025.
- In the past year, Five Below reported a 24.3% increase in Q4 net sales to $1.73 billion and a 22.9% increase in FY 2025 net sales to $4.76 billion, while also opening 150 net new stores and raising its FY 2026 sales outlook to $5.2–$5.3 billion.
- The company targets Gen Alpha, Gen Z, and millennial moms, utilizing creator-driven social marketing and seasonal product launches to enhance customer engagement and drive sales.
- Sales teams should focus on Five Below now due to its strong financial performance and strategic shift towards a social-first marketing approach, which addresses the demand for affordable, trendy products among younger consumers.
Five Below's workforce is structured across 19 departments, with a notable concentration in Sales, Executive, and Operations. The Sales department leads with a headcount of 1,304, followed closely by the Executive team at 1,248 employees. Operations also plays a critical role with 834 staff members, indicating a strong emphasis on both customer engagement and organizational leadership. This distribution reflects a balanced approach to operational efficiency and strategic oversight.
The company's geographic presence is significant, with 681 locations across various states. Philadelphia, PA, serves as the largest hub with 611 employees, underscoring its importance as the headquarters. Other key locations include New York, NY, with 56 employees, and Houston, TX, with 44. The 'Other' category, comprising 2,888 employees, indicates a widespread distribution, suggesting a robust network of stores and support functions across multiple regions.