Five Below Inc FIVE

Five Below Inc is in specialty retail company that operates a chain of discount stores. It carries a product range aimed at the teen and pre-teen market. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, the company owns stores across the US.

Five Below categorises its merchandise as follows: Candy, Create, New & Now, Party, Play, Room, Style, and Tech. These categories cover a variety of branded and licensed products, including leisure and athletic wear, jewellery, and personal accessories; beauty, household, and personal care items; sports and fitness merchandise; books, puzzles, toys, and video games; accessories for different electronic devices; novelty school supplies; art materials and craft kits; party decor, greeting cards, and related items; candy and snack food; and season-related items and decorations.

Since its founding, Five Below maintained prices between $1 and $5 for most of its merchandise. In 2019, it modified this pricing model to charge up to $10 for some product groups, including toys and electronics. Five Below went public in 2012. It leases and operates its stores and does not offer franchises. As of 2021, the company has more than 1,100 stores in 40 US states. Five Below Inc trades on the NASDAQ using the stock ticker FIVE.

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