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Five Below overview

Industry
Retail
Revenue
Headquarters
Employees
14,001
Founded in
Website
Organization type
Public
Social media

Five Below is a retail company focusing on affordable products and caters to teens and value-minded consumers. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, the company offers a wide range of products such as sporting goods, games, wearables, jewelry, collectibles, bath and body products, candy, snacks, beverages, room décor, stationery, computer software, books, electronic accessories, novelty items, and seasonal merchandise.

Under the leadership of CEO Joel D. Anderson, Five Below has grown into an industry leader with 14,001 employees and an annual revenue of $3.1 billion. The company operates a chain of retail stores across multiple states in the United States, including Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Pittsburgh, and Rhode Island. With a focus on providing affordable and diverse products to its target market of teens and pre-teens, Five Below has become a popular choice for customers seeking quality items at low prices.

Five Below's mission statement

Five below is a leading high-growth value retailer offering trend-right, high-quality products loved by tweens, teens and beyond. We believe life is better when customers are free to "let go & have fun" in an amazing experience filled with unlimited possibilities.

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4.2/5

Five Below employee reviews

Based on 9 ratings

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Job openings at Five Below
2,725 positions

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Five Below employee reviews

Five Below employee reviews
4.2/5

Based on 9 ratings

Work at Five Below? Share your experience.
Employee reviews
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5.0
A zippia user wrote a review on Nov 2023
Pros of working at Five Below

Everyone worked as a team.

Cons of working at Five Below

The management to management communication policies.Management

Five Below benefits

The pay and the hours

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2.0
A zippia user wrote a review on Jun 2021
Pros of working at Five Below

Costumers loved my attitude and I enjoy helping others

Cons of working at Five Below

Manager gossiped a lot and out employees down as an individual. Manager never listened

Five Below benefits

Helping others

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5.0
A zippia user wrote a review on Feb 2021
Pros of working at Five Below

i can make more money then my other job

Cons of working at Five Below

i like everything there so i dont have nothing to say

Five Below benefits

casher

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5.0
A zippia user wrote a review on Nov 2020
Pros of working at Five Below

the work environment was very uplifting the coworkers were so good to work with, and they were able to work with my schedule.

Cons of working at Five Below

the pay.

Five Below benefits

the hours, and the discount.

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The team at Five Below

  • The founders of Five Below are Thomas G. Vellios and David Schlessinger.
  • The key people at Five Below are Joel D. Anderson, Thomas G. Vellios and David Schlessinger.
Key people
Joel D. Anderson
Thomas G. Vellios
David Schlessinger

Five Below rankings

Five Below is ranked #10 on the Best Retail companies to work for in Pennsylvania list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Five Below salaries

Average Five Below salary
$14.63
hourly
$30,439 yearly
Updated March 14, 2024

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Five Below diversity

9.2
Diversity score
We calculated Five Below’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Five Below’s workforce.
Five Below diversity summary. Zippia estimates Five Below's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Five Below's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Five Below's workforce.
  • Five Below has 14,001 employees.
  • 61% of Five Below employees are women, while 39% are men.
  • The most common ethnicity at Five Below is White (63%).
  • 14% of Five Below employees are Hispanic or Latino.
  • 14% of Five Below employees are Black or African American.
  • The average employee at Five Below makes $30,439 per year.
  • Five Below employees are most likely to be members of the democratic party.
  • Employees at Five Below stay with the company for 2.3 years on average.

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Five Below financial performance

9.2
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Five Below currently has 3.1B in revenue. Five Below's most recent quarter produced 759.0m (q2'2023).

Five Below annual revenue

$4B
$3B
$2B
$2B
$775M
$0
2019
2020
2021
2022
2023
2024

Highest paying Five Below competitors

Compare Five Below salaries to competitors, including Staples, Target, and Nordstrom. Employees at Staples earn the highest average yearly salary of $37,239. The salaries at Target average $35,229 per year, and the salaries at Nordstrom come in at $33,810 per year.
RankCompanyAverage salaryJobs
1$37,2390
2$35,2290
3$33,8100
4$32,6430
5$32,3020
6$31,9650
7$31,9360
8$31,6180
9$31,6120
10$31,1230

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Five Below FAQs

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Zippia gives an in-depth look into the details of Five Below, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Five Below. The employee data is based on information from people who have self-reported their past or current employments at Five Below. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Five Below. The data presented on this page does not represent the view of Five Below and its employees or that of Zippia.

Five Below may also be known as or be related to FIVE BELOW INC, FIVE BELOW, INC, Five Below, Five Below Inc and Five Below, Inc.