March 01, 2015 10:30 AM ET

Specialty Retail

Company Overview of Five Below, Inc.

Company Overview

Five Below, Inc. operates as a specialty value retailer in the United States. The company offers various products priced at $5 and below. It offers accessories, such as novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, and ‘attitude’ T-shirts, as well as beauty products, including nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space comprising glitter lamps, posters, frames, fleece blankets, pillows, candles, incense and related items, and storage options for the customer’s room and locker. The company also provides sport balls; team sports merchandise and fitness accessories, including hand weights, jump ropes...

1818 Market Street

Suite 2000

Philadelphia, PA 19103

United States

Founded in 2002

1,000 Employees





Key Executives for Five Below, Inc.

Co-Founder and Executive Chairman
Age: 59
Total Annual Compensation: $700.0K
Co-Founder and Director
Age: 59
Total Annual Compensation: $600.0K
Chief Financial Officer, Treasurer and Secretary
Age: 51
Total Annual Compensation: $336.4K
Compensation as of Fiscal Year 2013.

Five Below, Inc. Key Developments

Five Below, Inc. Appoints Thomas G. Vellios as Executive Chairman Effective February 1, 2015

The Board of Directors of Five Below, Inc. appointed Thomas G. Vellios as Executive Chairman effective February 1, 2015. In connection with Mr. Vellios' appointment, on February 18, 2015, the Company and Mr. Vellios amended his employment letter, dated October 14, 2010, as amended, to reflect Mr. Vellios' position and compensation as Executive Chairman, effective as of February 1, 2015.

Five Below, Inc. Reports Sales Results for the Nine Weeks Ended January 3, 2015; Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2014

Five Below, Inc. reported sales results for the nine weeks ended January 3, 2015. For the period, the company reported that comparable store sales increased 3.2% when compared to the same period of fiscal 2013. Net sales were $230.7 million, an increase of 24.5% from $185.3 million for the same period of fiscal 2013. The company expects net sales for the fourth quarter of fiscal 2014 to be in the range of $262 million to $263 million, assuming an approximate 3% increase in comparable store sales. For the fourth quarter of fiscal 2014, the company also expects net income to be in the range of $32.5 million to $33 million, with a diluted income per common share range of $0.59 to $0.60 on approximately 54.7 million estimated weighted average shares outstanding. The company continue to see strong performance from new stores and now expect to deliver total net sales growth for fiscal 2014 of 27% and adjusted net income growth of approximately 30%.

Levi & Korsinsky, LLP Announces Class Action Lawsuit Against Five Below, Inc

Levi & Korsinsky announced that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Pennsylvania on behalf of investors who purchased Five Below, Inc. securities between June 5, 2014 and December 4, 2014. The complaint alleges that while the company concealed from investors that its two founders intended to step down as CEO and Chairman, it also raised its fiscal 2014 sales and earnings guidance twice. The complaint further alleges that during this time Five Below's founders and Chief Financial Officer sold almost $30 million worth of their personally held shares at fraud-inflated prices. On December 4, 2014, Five Below disclosed that its sales growth had slowed and that it was reducing its sales and profit forecasts; it was also disclosed that the company's founders were resigning as CEO and Chairman. Upon this news, shares of Five Below fell more than 12%.

Similar Private Companies By Industry

Company Name Region
Rapid Chevrolet Co., Inc. United States
Rush Truck Centers, LLC United States
Shrewsbury Lumber, LLC United States
3W Warren Fuels, Ltd. United States
Las Savell Jewelry, Inc. United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Five Below, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at