Extreme-value specialty retail

What is Five Below?

Trend-driven value retailer selling toys, tech, candy, style, room, party, sports, and seasonal products primarily at low price points.

Category
Extreme-value specialty retail
Headquarters
Philadelphia, PA
Founded
2002
Employees
About 23,000
Total funding
Public company; no current VC funding
Status
Nasdaq: FIVE

What is Five Below?

Five Below is a public extreme-value specialty retail company headquartered in Philadelphia, PA. Trend-driven value retailer selling toys, tech, candy, style, room, party, sports, and seasonal products primarily at low price points.

Trend-driven value retailer selling toys, tech, candy, style, room, party, sports, and seasonal products primarily at low price points. The company operates at enterprise retail scale with $4.76B FY2025 net sales, About 23,000 employees, and 1,900+ stores in 46 states.

The account is relevant for sellers because Five Below combines customer-facing commerce, store or marketplace operations, supply chain, finance, data, security, marketing, and merchandising or inventory workflows. Buying processes are mature, so strong use cases usually connect to revenue growth, conversion, customer experience, labor productivity, inventory health, risk reduction, or margin improvement.

As of June 2026, this profile treats Five Below as a current public-company account dossier. The most durable facts are public status, headquarters, leadership, business model, revenue scale, and the public technology signals available through investor materials, careers pages, product surfaces, and filings.

What does Five Below offer?

Five Below offers Candy, Style, Party, Room, Create, and related channels or services.

  • Candy· World
  • Style· World
  • Party· World
  • Room· World
  • Create· World
  • Tech· World
  • Sports· World
  • Five Beyond· Higher-price extension

How does Five Below make money?

Five Below makes money through merchandise sales, marketplace or service economics where applicable, vendor terms, customer programs, advertising, financing, fulfillment, and operational scale.

Five Below's core economics are retail or marketplace economics rather than SaaS tiers. Product prices are SKU-specific, promotion-sensitive, and vendor-influenced; where the company has memberships, seller fees, advertising, finance, trade, loyalty, or service programs, those economics sit on top of the core customer transaction.

The model is driven by traffic, conversion, average order value, gross margin, markdowns, inventory turns, labor, fulfillment cost, supplier terms, payment/credit economics, and repeat-purchase behavior. For public reporting, management typically discusses net sales or revenue, comparable sales, gross margin, operating margin, store/unit growth, GMV, active customers, or dealer/customer metrics rather than a single published price sheet.

Growth depends on sharper merchandising, digital conversion, loyalty, supply-chain execution, private or owned brands where relevant, store productivity, marketplace liquidity, and capital allocation. Vendors selling into Five Below need to quantify measurable lift in revenue, margin, productivity, fraud/risk reduction, uptime, or customer satisfaction.

Who leads Five Below?

Five Below is led by Winnie Park, with senior executives responsible for finance, operations, technology, merchandising, customer experience, and public-company governance.

  • Winnie ParkChief Executive OfficerCEO since 2024Leads brand, store expansion, merchandising, and digital strategy.
  • Kristy ChipmanChief Financial Officer and TreasurerCFO since 2024Owns finance, investor relations, accounting, and planning.
  • Tom VelliosCo-Founder and Executive ChairmanCo-founder; company founded in 2002Provides board continuity and value-retail category experience.
  • Nathalie PlanteChief Merchandising OfficerMerchandising leaderOversees product worlds, trend sensing, and supplier execution.

How do you contact Five Below's leadership?

Five Below publishes official investor, media, support, or corporate contact routes, but this profile does not treat guessed personal executive addresses as verified. Use the public channel below or route through the relevant investor, procurement, media, partner, or support page.

Email formatinvestorrelations@fivebelow.com is a public/company route; personal executive email format not verified

How much funding has Five Below raised?

Five Below is a mature public company, not a current venture-backed startup. The relevant capital lens is Nasdaq: FIVE; public company, operating cash flow, debt capacity, acquisitions, buybacks or dividends where applicable, and reinvestment in the operating platform.

Five Below's capital profile is best understood through public-market status, operating cash flow, public filings, debt or credit facilities, shareholder returns, acquisitions or divestitures, and reinvestment. The current status is Nasdaq: FIVE; public company, with $4.76B FY2025 net sales giving the scale context.

There is no meaningful current VC round table to enumerate. The major capital milestones are founding, IPO or spin-off/listing events, strategic acquisitions, leadership transitions tied to transformation, and the most recent public financial results.

Seller signal: Five Below can fund large programs when the business case is tied to executive priorities, but vendors should expect mature procurement, legal, privacy, information security, finance, and business-owner review. The strongest case links directly to growth, margin, inventory, store or marketplace productivity, customer experience, compliance, or risk reduction.

How did Five Below get here?

Five Below reached its current scale through founding, brand or channel expansion, public-market access, and recent operating milestones.

  1. 2002FoundedDavid Schlessinger and Tom Vellios launch Five Below.
  2. 2012IPOFive Below lists on Nasdaq.
  3. 2019Five Beyond expansionThe chain broadens selected assortments above $5.
  4. 2024CEO transitionWinnie Park becomes CEO.
  5. 2025Scale milestoneFive Below ends fiscal 2025 with more than 1,900 stores.
  6. 2026Expansion continuesThe retailer continues growth under a larger-store footprint plan.

Who are Five Below's competitors?

Five Below competes with category specialists, mass retailers, marketplaces, brand-direct channels, and adjacent public companies depending on the buyer journey.

  • Dollar TreeValue retailer competing on low-price discretionary and consumables.
  • WalmartMass merchant competing on toys, tech accessories, candy, and seasonal.
  • TargetMass retailer competing for teen, toy, room, and seasonal spend.
  • AmazonMarketplace competitor for low-price impulse categories.
  • MINISOValue lifestyle retailer with design-led accessories and collectibles.

Five Below — frequently asked questions

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