Below Five Store Near Me (2024)

FAQs

Why is everything at Five Below so cheap? ›

Five Below keeps its prices low by controlling costs efficiently. Their stores are relatively small, averaging about 9,000 square feet, and they're often located in existing shopping centers. This helps keep overhead low.

Five Below, Inc. is an American chain of specialty discount stores that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $25. Founded in 2002 by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens.

return policy (stores & online)!

Unopened or defective products may be exchanged for the same or different items of equal value within 90 days of the purchase date and with the original receipt. We are also happy to refund you in the original form of payment with the original receipt or online order confirmation!

Your local Five Below located at 530 Fifth Avenue is a place with unlimited possibilities where tweens, teens and beyond are free to Let Go & Have Fun in a color- popping, music pumping, super-fun shopping experience.

Five Below Stock Ownership FAQ

Who owns Five Below? Five Below (NASDAQ: FIVE) is owned by 105.87% institutional shareholders, 8.86% Five Below insiders, and 0.00% retail investors. Howard D. Ross is the largest individual Five Below shareholder, owning 2.68M shares representing 4.88% of the company.

During 2022, Five Below sourced from about 1,000 vendors, with 60% of purchases coming from domestic vendors and no single vendor accounting for more than 5% of spend, according to the company's 10-K. The retailer says its low-cost sourcing and operating model helps it meet its $5 price target for products.

And there you have it. The most expensive thing at five below. is a pogo stick for $20.

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.

Five Below is a leading high-growth value retailer offering trend-right, high- quality products loved by tweens, teens and beyond.

Bottom line. Five Below is a great place to purchase items at great bargain prices, but you can also use those prices to boost your bank account by reselling them. Whether you resell an item immediately or wait until it becomes rarer and more collectible, Five Below is a great place to start.

Is Five Below doing well? ›

The Company opened 62 new stores and ended the quarter with 1,667 stores in 43 states. This represents an increase in stores of 18.5% from the end of the second quarter of fiscal 2023. Operating income was $41.5 million compared to $58.6 million in the second quarter of fiscal 2023.

No longer will the store, a bargain hunter's dream, only sell items priced at $5 and under. Now, the store will be raising prices on certain items – including tech products and certain toys and games. “We've always done everything possible to absorb cost increases,” the company said in a statement.

Dress code is Fair for everyone, Pants or jeans, no open toed shoes, they provide the work t-shirts, or you can buy other uniform tops.

Five Below's analyst rating consensus is a Moderate Buy. This is based on the ratings of 20 Wall Streets Analysts.

Five Below keeps prices low by focusing on selling a variety of products priced at $5 and below. They often source products directly from manufacturers, maintain cost-effective supply chains, and prioritize high-volume sales.

But the name “Five Below” is one thing that's not changing. The store — known for selling everything from makeup and clothes to candy — will be keeping its original name despite the change. Most of the store's merchandise remains at $5 and below, according to the company.

The retail chain Five Below—so named because everything in the store is $5 or less—is now selling items for up to $10. The company says it has no plans to change the name of the store and the higher-priced items, mostly tech and toys, will be in a section of the store called Ten Below.