FIVE on Nasdaq

Five Below

Logo: Five Below, Public domain, via Wikimedia Commons5

American specialty discount gift shop chain

Five Below, Inc. (stylized as fiVe BEL°W) 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.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$4.8BRevenue, fiscal 20266
$358.6MNet income, fiscal 20266
2002Founded1

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  • TickerFIVE on Nasdaq1
  • Industrydiscount store1
  • HeadquartersPhiladelphia1
  • Founded inWayne1
  • Websitewww.fivebelow.com
  • Incorporated inPA7
  • Business address701 Market Street, Suite 300, Philadelphia, Pa 191067
  • Filer categoryLarge accelerated filer7
  • Legal formCorporation4
  • LEI529900AAXP5Z6BGI74184
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressSuite 2000, 1818 Below Market Street, 19103 Philadelphia, United States4
  • Registered withPennsylvania Department of State, 30501264
Five below inside
Photo: TenPoundHammer, CC BY-SA 3.0, via Wikimedia Commons9

Five Below, Inc. (stylized as fiVe BEL°W) 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.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

9.6%Operating margin6
7.5%Net margin6
22.9%Revenue growth, 20266
16.4%Return on equity6
$411.7MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue64¢$3.0B
  • Selling, general and admin22¢$1.1B
  • Other costs4¢$169.2M
  • Income tax3¢$121.7M
  • Profit8¢$358.6M

Out of $4.8B in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Capital spending30¢$174.7M
  • Kept or used elsewhere70¢$411.7M

Out of $586.4M of cash from operations.6

Financial statements

Revenue10111213146$4.8B in 2026+205% since 2019
0$2.0B$4.0B$6.0B2019: $1.6B$1.6B20192020: $1.8B$1.8B2020+18%2021: $2.0B$2.0B2021+6%2022: $2.8B$2.8B2022+45%2023: $3.1B$3.1B2023+8%2024: $3.6B$3.6B2024+16%2025: $3.9B$3.9B2025+9%2026: $4.8B$4.8B2026+23%
Gross profit101112$1.1B in 2023+94% since 2019
0$500.0M$1.0B$1.5B2019: $565.1M$565.1M20192020: $674.0M$674.0M2020+19%2021: $652.3M$652.3M2021−3%2022: $1.0B$1.0B2022+58%2023: $1.1B$1.1B2023+6%
Operating income10111213146$457.4M in 2026+144% since 2019
0$200.0M$400.0M$600.0M2019: $187.2M$187.2M20192020: $217.3M$217.3M2020+16%2021: $154.8M$154.8M2021−29%2022: $379.9M$379.9M2022+145%2023: $345.0M$345.0M2023−9%2024: $385.6M$385.6M2024+12%2025: $323.8M$323.8M2025−16%2026: $457.4M$457.4M2026+41%
Net income10111213146$358.6M in 2026+140% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $149.6M$149.6M20192020: $175.1M$175.1M2020+17%2021: $123.4M$123.4M2021−30%2022: $278.8M$278.8M2022+126%2023: $261.5M$261.5M2023−6%2024: $301.1M$301.1M2024+15%2025: $253.6M$253.6M2025−16%2026: $358.6M$358.6M2026+41%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2026-01-312025-01-312024-01-31
Net sales$4.8B$3.9B$3.6B
Cost of goods sold (exclusive of items shown separately below)$3.0B$2.5B$2.3B
Selling, general and administrative expenses$1.1B$861.4M$757.5M
Depreciation and amortization$192.1M$167.4M$130.7M
Operating income$457.4M$323.8M$385.6M
Interest income and other income, net-$23.0M-$14.8M-$15.5M
Income before income taxes$480.4M$338.7M$401.1M
Income tax expense$121.7M$85.1M$100.0M
Net income$358.6M$253.6M$301.1M
Basic income per common share (dollars per share)$6.51$4.61$5.43
Diluted income per common share (dollars per share)$6.47$4.60$5.41
Basic shares55.1M shares55.1M shares55.5M shares
Diluted shares55.4M shares55.2M shares55.6M shares

Compare Five Below with another company

Corporate structure

Five Below sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Five Below

  • Five Below Philadelphia, Pennsylvania, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Five Below reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.2B6 Jan 31, 2026$2.0B6 Feb 1, 2025+7.1%
Accumulated depreciation$921.0M6 Jan 31, 2026$749.9M6 Feb 1, 2025+22.8%
Property and equipment, net$1.2B6 Jan 31, 2026$1.3B6 Feb 1, 2025−2.2%
Operating-lease assets (leased space)$1.8B6 Jan 31, 2026$1.7B6 Feb 1, 2025+3.5%

Investments

ItemLatestA year beforeChange
Marketable securities, current$208.5M6 Jan 31, 2026$197.1M6 Feb 1, 2025+5.8%
Long-term investments$014 Feb 1, 2025$7.8M14 Feb 3, 2024−100.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$846.6M6 Jan 31, 2026$659.5M6 Feb 1, 2025+28.4%

Properties, in its own words

In September 2016, we signed a fifteen-year lease for a new corporate headquarters location in Philadelphia, Pennsylvania to accommodate our current and anticipated future growth. We currently occupy approximately 230,000 square feet of office space with multiple options to expand in the future. The lease agreement expires in early 2033 with three successive options to renew for additional terms of up to approximately fifteen years.

In fiscal 2015, we opened a shipcenter in Pedricktown, New Jersey. We currently occupy approximately 1,000,000 square feet at this shipcenter, having expanded from 800,000 square feet in September 2018 and it is leased under a lease agreement expiring in 2030 with options to renew for two successive five-year periods. In March 2019, we completed the purchase of an approximately 700,000 square foot shipcenter in Forsyth, Georgia for approximately $42 million, for the land and building. We began operating the shipcenter in April 2019 and expanded to approximately 1,100,000 square feet in the first half of 2024. The total construction cost of the expansion was approximately $21 million. In August 2019, we acquired land in Conroe, Texas, to build an approximately 860,000 square foot shipcenter for approximately $56 million, for the land and building. We began operating the shipcenter in July 2020. In July 2020, we acquired land in Buckeye, Arizona, to build an approximately 860,000 square foot shipcenter for approximately $65 million, for the land and building. We began operating the shipcenter in August 2021 and expanded to approximately 1,200,000 square feet in the second half of 2024. The total construction cost of the expansion was approximately $26 million. In March 2021, we acquired land in Indianapolis, Indiana, to build an approximately 1,030,000 square foot shipcenter for approximately $60 million, for land and building. We began operating the shipcenter in June 2022. As a result of the significant expansion of our network of distribution facilities over the last several years, including the opening of our Indianapolis, Indiana shipcenter in June 2022, we ceased operations at our shipcenters in Olive Branch, Mississippi and Cincinnati, Ohio in the first half of fiscal 2022 as well as the e-commerce shipcenter operations in our Pedricktown, New Jersey shipcenter in the first half of fiscal 2023 and in our Buckeye, Arizona shipcenter in the back half of fiscal 2025.

The rest of Item 2

At the end of fiscal 2025, there were 1,921 Five Below store locations in 46 states. All of our stores are leased from third parties. These leases typically have ten-year terms with additional five-year renewal options, and many provide us with the option to terminate early under specified conditions. In addition to future minimum lease payments, some of our store leases require additional rental payments based on a percentage of net sales if sales at the respective stores exceed specified levels, as well as the payment of common area maintenance charges, real property insurance and real estate taxes. Many of our lease agreements have defined escalating rent provisions over the initial term and any extensions.

Item 2 of the 10-K filed Mar 19, 2026.19

The story

David Schlessinger, founder of Encore Books and Zany Brainy, and Tom Vellios, former CEO of Zany Brainy, founded Five Below on October 4, 2002 in Wayne, Pennsylvania.

On March 18, 2020, Five Below announced the temporary closure of all of its stores due to the COVID-19 outbreak. However, by June 6, 2020, 100% of Five Below stores across the United States reopened with plans for new stores to open up. This may account for an increase in foot traffic in 2022-2023, as reported by Unacast, a company that provides location insights. According to Unacast, Five Below experienced "a remarkable 63% year-over-year increase in foot traffic" between Q2 2022 to Q2 2023.

Growth and expansion

To date, Five Below operates over 2,000 locations in 47 states.. It began its outward expansion away from the Philadelphia Metro area by entering additional out-of-state markets: Illinois and Michigan in 2011; Georgia, Kansas, Missouri, and Western Michigan in 2012; Texas in 2013; Tennessee in 2014; Alabama, Florida, and Kentucky in 2015; Louisiana, Minnesota, Oklahoma, West Virginia, and Wisconsin in 2016; California in 2017; and Arkansas in 2018. Five Below in 2019 publicly stated that they could build as many as 2,500 U.S. stores in the future. Arizona, Iowa, and Nebraska were introduced that year. Colorado and Nevada were added in 2020; New Mexico and Utah in 2021. Both Dakotas had opened new stores in 2022. Vermont joined in the next year. Wyoming was added in 2024. 2025 saw the first stores in Oregon & Washington open. Idaho, in August 2026, saw their first store open in Lewiston, leaving Montana, the remaining continental state, to open later.

In September 2014, the company announced a new lease agreement to move its New Castle, Delaware, distribution center to Oldmans Township, New Jersey. The new center would add 275 jobs to the local economy while Delaware would lose 175.

On July 19, 2012, Five Below went public on the NASDAQ at the share price of $17. In 2014, Joel Anderson was appointed CEO. 2016 sales were $1 billion, 2017 sales were $1.3 billion, and 2022 sales reached $3.08 billion.

In 2018, Five Below moved its corporate headquarters, now called WowTown, to the Lit Brothers Building in the Market East section of Philadelphia, and has rights to more than 200,000 square feet. WowTown has over 300 employees.

On July 16, 2024, Five Below announced Joel Anderson had resigned from his roles as president and CEO to pursue other interests.

Following his departure, Five Below's shares fell by 25%. On the same day Petco named him as their new CEO.

Read the full text

In July 2024, Chief Operating Officer, Kenneth Bull, was appointed interim president and CEO of Five Below before being replaced by former Forever 21 CEO, Winnie Park, in December 2024. Park is a Princeton University graduate with an MBA from Northwestern University. Prior to joining Five Below, she had been the CEO of Forever 21 since January 2022. She also served as the CEO of Paper Source.

From Wikipedia’s article on Five Below, shared under CC BY-SA 4.0.8

Leadership

Who has led Five Below, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (31)

Products and brands

The average Five Below store size is 8,000 square feet (740 m2). The store carries a wide variety of merchandise at varying low costs.

From Wikipedia’s article on Five Below, shared under CC BY-SA 4.0.8

Former names

  • FIVE BELOW INCMar 3, 2003 to Jul 11, 20087
  • CHEAP HOLDINGS INCJun 24, 2002 to Jun 24, 20027

Timeline

  1. Oct 14, 20268-K Entered a material agreement; New debt or obligation59
  2. Sep 23, 20268-K Executive or director change; Regulation FD disclosure60
  3. Sep 2, 20268-K Results of operations; Other events61
  4. Jul 22, 20268-K Other events62
  5. Jun 16, 20268-K Shareholder vote63
  6. Jun 3, 20268-K Results of operations64
  7. Mar 18, 20268-K Results of operations65
  8. Feb 9, 20268-K Executive or director change66
  9. Jan 12, 20268-K Regulation FD disclosure67
  10. Dec 3, 20258-K Results of operations68
  11. Oct 2, 20258-K Executive or director change; Regulation FD disclosure69
  12. Aug 27, 20258-K Results of operations70
  13. Dec 18, 2024New chief executive Winifred Park becomes CEO21
  14. Aug 2, 2024New chief executive Kenneth R. Bull becomes CEO20
  15. Mar 12, 2015New chief executive Joel D. Anderson becomes CEO22
  16. Jul 18, 2012New chief executive Thomas Vellios becomes CEO23
  17. 2002Founded Founded in Wayne1

Calendar

Coming up

  1. Dec 2, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported $0.68 a share, on Dec 3, 2025.71

When it reported results

  1. Sep 2, 2026Reported quarterly or annual results61
  2. Jun 3, 2026Reported quarterly or annual results64
  3. Mar 18, 2026Reported quarterly or annual results65
  4. Dec 3, 2025Reported quarterly or annual results68
  5. Aug 27, 2025Reported quarterly or annual results70
  6. Jun 4, 2025Reported quarterly or annual results72
  7. Mar 19, 2025Reported quarterly or annual results73
  8. Dec 4, 2024Reported quarterly or annual results74

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

509 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 46 major events, 372 insider forms, 25 large holders, 46 other. The latest 20:

  1. Oct 14, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  2. Oct 14, 20268-K EDGAR
  3. Oct 8, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  4. Oct 8, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  5. Sep 25, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  6. Sep 25, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  7. Sep 25, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  8. Sep 25, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  9. Sep 25, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. Sep 23, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. Sep 23, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  12. Sep 23, 20268-K EDGAR
  13. Sep 16, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  14. Sep 14, 2026144 EDGAR
  15. Sep 14, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  16. Sep 14, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  17. Sep 11, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  18. Sep 10, 2026144 EDGAR
  19. Sep 9, 2026144 EDGAR
  20. Sep 9, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR

The 509 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

48 open-market trades by officers, directors and large owners since October 2021: 2 buys and 46 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026SPECTER ERIC MCAOSale5,500$248.99$1.4MForm 4
Sep 10, 2026Hawkins Jacob KimballCMOOSale818$248.88$203.6KForm 4
Sep 9, 2026Gellerman Maureen MarieCHROSale1,610$248.94$400.8KForm 4
Sep 4, 2026BULL KENNETH RCOOSale10,510$248.06$2.6MForm 4
Sep 4, 2026DEVINE MICHAEL F IIIDirectorSale4,250$250.61$1.1MForm 4
Jun 29, 2026Lynch RobertDirectorBuy530$176.06$93.3KForm 4
Mar 26, 2026MARKEE RICHARD LDirectorSale3,000$232.04$696.1KForm 4
Mar 24, 2026SARGENT RONALDDirectorSale10,000$231.75$2.3MForm 4
Mar 23, 2026SARGENT RONALDDirectorSale10,000$231.28$2.3MForm 4
Mar 20, 2026BULL KENNETH RCOOSale10,000$234.14$2.3MForm 4
Jan 15, 2026BULL KENNETH RCOOSale1,925$202.29$389.4KForm 4
Jan 13, 2026BULL KENNETH RCOOSale5,100$203.21$1.0MForm 4
Jan 13, 2026SPECTER ERIC MCAOSale8,500$201.16$1.7MForm 4
Dec 15, 2025BARCLAY KATHLEEN SDirectorSale2,200$182.03$400.5KForm 4
Dec 12, 2025Hill GeorgeChief Retail OfficerSale7,500$182.09$1.4MForm 4
Dec 11, 2025DEVINE MICHAEL F IIIDirectorSale6,000$181.84$1.1MForm 4
Dec 5, 2025Gellerman Maureen MarieCHROSale544$174.38$94.9KForm 4
Dec 5, 2025BULL KENNETH RCOOSale25,000$174.75$4.4MForm 4
Aug 29, 2025Masciantonio Ronald JamesEVP, General CounselSale818$146.41$119.8KForm 4
Aug 28, 2025Hill GeorgeChief Retail OfficerSale1,500$150.23$225.3KForm 4

All 48 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Winnie Y. Park$1.1M$10.8M84
2025Kenneth R. Bull$825.0K$6.7M84
2025Daniel J. Sullivan$261.5K$3.6M84
2025George Hill$700.0K$3.5M84
2025Eric M. Specter$650.0K$3.2M84
2025Amit Jhunjhunwala$575.0K$2.6M84
2025Kristy Chipman$255.8K$1.6M84
2024Chief Operating Officer$797.1K$6.3M84
2024Former Chief Retail Officer$697.1K$3.2M84
2024Chief Administrative Officer$648.3K$3.1M84
2024Former Chief Financial Officer & Treasurer$669.2K$2.9M84
2024Chief Executive Officer and President$126.9K$1.2M84
2023Chief Operating Officer$718.3K$4.2M84
2023Former Chief Retail Officer$649.1K$2.8M84
2023Chief Administrative Officer$613.3K$2.0M84
2023Former Chief Financial Officer & Treasurer$290.8K$1.4M84

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,366,632$964.9M0.0%+354,591
Vanguard Capital Management LLC2,495,633$448.7M0.0%+21,554
Vanguard Portfolio Management LLC2,376,398$427.3M0.0%−22,271
Aqr Capital Management LLC1,923,492$340.0M0.1%−3,104
Wellington Management Group Llp1,811,650$325.7M0.1%+638,049
State Street Corp1,724,229$310.0M0.0%+51,104
Two Sigma Investments, LP1,605,648$288.7M0.2%+171,403
Marshall Wace, Llp1,537,377$276.4M0.2%+203,460
Federated Hermes, Inc.1,329,016$238.9M0.3%−200,536
Geode Capital Management, LLC1,322,283$238.4M0.0%+33,442
Invesco Ltd.1,255,908$225.8M0.0%+246,337
Fmr LLC1,153,792$207.4M0.0%+115,180
American Century Companies Inc1,139,293$204.8M0.1%−678,024
SRS Investment Management, LLC1,105,109$198.7M1.9%+382,283
Qube Research & Technologies Ltd1,049,010$188.6M0.2%−21,440
Dimensional Fund Advisors LP913,892$164.3M0.0%+65,442
Balyasny Asset Management L.P.753,263$135.4M0.3%−94,802
Norges Bank710,784$127.8M0.0%New
D. E. Shaw & Co., Inc.638,465$114.8M0.1%−767,345
Charles Schwab Investment Management Inc636,972$114.5M0.0%−31,352
Capital World Investors624,334$112.2M0.0%−624,320
Giverny Capital Inc.598,122$107.5M3.6%−19,069
Stephens Investment Management Group LLC576,176$103.6M1.1%+105
Millennium Management LLC560,618$100.8M0.1%−172,459
UBS Group AG551,979$99.2M0.0%−328,268

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

14 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−28.8%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+28.8%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−28.8%Report
Jun 11, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+50.2%Report
Feb 28, 2023Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+85.5%Report
Aug 30, 2022Dan SullivanRepublican, SenateSale$1,001 - $15,000+21.5%Report
Jul 1, 2021Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+65.7%Report
Nov 13, 2020Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+62.7%Report
Nov 11, 2020Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+62.0%Report
Jul 28, 2020Greg Gianforte, HouseBuy$100,001 - $250,000−38.3%Report
Jun 30, 2020Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+41.5%Report
Jan 17, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−40.1%Report
Jun 24, 2019Donna Shalala, HouseSale$1,001 - $15,000+84.1%Report
Apr 3, 2019Donna Shalala, HouseBuy$1,001 - $15,000−87.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Five Below is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFIVE BELOW, INC2
  • CIK0001177609
  • Employer ID (EIN)75-300037819
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inPennsylvania19
  • Fiscal year endsJanuary 302
  • Industry code (SIC)5331 Retail-Variety Stores2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address701 Market Street, Suite 300, Philadelphia, PA 191062
  • Phone215 546 79092
  • Shares outstanding55,054,035 as of Sep 2, 202616
  • Public float$7.3B as of Aug 1, 202519
  • AuditorKPMG LLP, Philadelphia, PA PCAOB ID 185; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceJun 24, 20022
  • Filings1,258 in all: 4 (782), 8-K (132), 3 (56), SC 13G/A (53), 10-Q (43), 144 (29), DEFA14A (19), SC 13G (18)2
    All 35 form types

    4/A (16), 10-K (14), DEF 14A (14), CORRESP (13), ARS (7), REGDEX (7), S-1/A (7), 5 (5), S-8 (4), SC 13D/A (4), SCHEDULE 13G/A (4), UPLOAD (4), 424B4 (3), EFFECT (3), PRE 14A (3), S-1 (3), 424B7 (2), 8-K/A (2), REGDEX/A (2), SCHEDULE 13G (2), 8-A12B (1), CERTNAS (1), D (1), DEFR14A (1), S-1MEF (1), S-3ASR (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Mar 19, 2026
    Quarterly report (10-Q) Sep 3, 2026
    Proxy statement (DEF 14A) May 1, 2026
    Latest 8-K (8-K) Oct 14, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareFIVEThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Mar 19, 2026 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Five Below names in Item 1A of its 10-K filed Mar 19, 2026: 33 risks under these headings, as written.19

  • Risks Relating to Our Business and Industry
  • Inflation and rising commodity prices could adversely affect our business.
  • We may not be able to successfully implement our growth strategy on a timely basis or at all, which could harm our growth and results of operations.
  • Any disruption in our ability to select, obtain, distribute and market merchandise attractive to customers at prices that allow us to profitably sell such merchandise could impact our business negatively.
  • Our reliance on merchandise manufactured outside of the United States subjects us to legal, regulatory, political and economic risks. In particular, tariffs imposed by the U.S. government have increased, and could further increase, the cost to us of certain products, which lowers our margins, increases our import related expenses, causes us to increase our prices to consumers, and reduces consumer spending on discretionary items, each of which could have a material adverse effect on our business, financial condition and results of future operations.
  • We have implemented price increases in an effort to mitigate current and future cost increases. These or future price increases could reduce our unit sales, damage our reputation with our customers as an extreme value retailer, or cause us to become less competitive in the marketplace, each of which could have a material adverse effect on our business, financial condition and results of future operations.
  • Our sales depend on a volume of traffic to our stores, and a reduction in traffic to, or the closing of, anchor tenants and other destination retailers in the shopping centers in which our stores are located could significantly reduce our sales and leave us with excess inventory.
  • Our new store growth is dependent upon our ability to successfully expand our distribution network capacity, and failure to achieve or sustain these plans could affect our performance adversely.
  • A significant disruption to our distribution network or to the timely receipt of inventory could adversely impact sales or increase our transportation costs, which would decrease our profits.
  • Extreme weather conditions common to areas in which many of our stores are located could negatively affect our business and results of operations, particularly as such extreme conditions occur during what is typically our most profitable quarter.
  • A significant disruption in our information technology systems and our inability to adequately maintain and update those systems could adversely affect our operations and negatively affect our customers.
  • If we are unable to secure our customers’ confidential or credit card information, or other private data relating to our crew or our Company, we could be subject to negative publicity, costly government enforcement actions or private litigation, which could damage our business reputation and adversely affect our financial results.
The other 22 risks
  • We use, and may over time increase the usage of, machine learning and other types of artificial intelligence in our business, and challenges with properly managing its use could adversely affect our business.
  • We are subject to customer payment-related risks that could increase operating costs or exposure to fraud or theft, subject us to potential liability and potentially disrupt our business.
  • Our growth from existing stores is dependent upon our ability to increase sales and improve the efficiencies, costs and effectiveness of our operations, and failure to achieve or sustain these plans could affect our performance adversely.
  • Our success depends on our executive officers, senior management, district, store, and shipcenter managers, and other key personnel. If we lose our executive officers, senior management, district, store, and shipcenter managers, or any other key personnel, or are unable to hire additional qualified personnel, our business could be harmed.
  • Our profitability and cash flows from operations may be negatively affected if we are not successful in managing our inventory balances and inventory shrinkage.
  • Our business requires that we lease substantial amounts of space and there can be no assurance that we will be able to continue to lease space on terms as favorable as the leases negotiated in the past.
  • Operational difficulties, including those associated with our ability to either lease or build and operate our shipcenters, could adversely impact our business.
  • We operate in a competitive environment and, as a result, we may not be able to compete effectively or maintain or increase our sales, market shares or margins.
  • Our business is seasonal, and adverse events during the holiday season could have a substantial negative impact on our operating results.
  • We may not be successful in our continued expansion into online retail and if we are successful, we will face new risks and challenges, which could adversely affect our results of operations.
  • Our inability to upgrade or expand our technology systems as a result of external factors, staffing shortages or difficulties in updating our existing technology or developing or implementing new technology could have a material adverse effect on our business or results of operations.
  • We are exposed to the risk of natural disasters, adverse weather conditions, pandemic outbreaks, global political events, war and terrorism that could disrupt business and result in lower sales, increased operating costs and capital expenditures.
  • Changes to federal, state or provincial income tax legislation could have a material adverse effect on our business and results of operations.
  • Our current insurance programs may expose us to unexpected costs and negatively affect our financial performance.
  • If we are unable to enforce our intellectual property rights, if we are accused of infringing a third-party’s intellectual property rights, or if the merchandise we purchase from brand partners is alleged to have infringed a third-party’s intellectual property rights, our business or results of operations may be adversely affected.
  • Product and food safety claims and the effects of legislation and regulations on product safety and quality and food safety and quality could affect our sales and results of operations adversely.
  • The terms and availability of our revolving credit facility may restrict our current and future operations, which could adversely affect our ability to respond to changes in our business and to manage our operations.
  • Risks Related to Ownership of Our Common Stock
  • Our stock price may be volatile or may decline regardless of our operating performance.
  • Our business and reputation may be adversely affected by certain corporate responsibility matters.
  • Your percentage ownership in us may be diluted by future equity issuances, which could reduce your influence over matters on which shareholders vote.
  • We do not expect to pay any cash dividends for the foreseeable future.
  • Anti-takeover provisions could delay and discourage takeover attempts that shareholders may consider to be favorable.

Legal proceedings

We are subject to various proceedings, lawsuits, investigations, disputes, and claims arising in the ordinary course of our business. Many of these actions raise complex factual and legal issues and are subject to uncertainties. Such matters from time to time include commercial, intellectual property, customer, consumer, and employment proceedings, including class action lawsuits. The plaintiffs and government authorities in some actions may seek unspecified damages, injunctive relief, penalties and cost reimbursement. Actions are in various procedural stages, and some are covered in part by insurance. We cannot predict with assurance the outcome of actions brought against us. Accordingly, adverse developments, settlements, or resolutions may occur and negatively impact income in the quarter of such development, settlement or resolution. If a potential loss arising from these lawsuits, claims and pending actions is probable and reasonably estimable, we record the estimated liability based on circumstances and assumptions existing at the time. Although the outcome of these and other claims cannot be predicted with certainty, management does not believe that the ultimate resolution of these matters will have a material adverse effect on our financial condition or results of operations.

Securities Class Action Proceedings

The opening of Item 3, Legal Proceedings.19

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