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Five Below's Overview

Total employees11127
HeadquartersPhiladelphia
Founded2002

Five Below is an American chain of specialty discount stores that sells the majority of its products for $5 or less, plus a smaller assortment of 'Five Beyond' items priced up to $25. Catering primarily to tweens, teens, and beyond, the company offers a dynamic and fun shopping experience with a wide array of merchandise. This includes sporting goods, games, fashion accessories, tech, beauty products, candy, snacks, room décor, and seasonal items. Founded in 2002, Five Below has rapidly expanded its footprint across the United States, focusing on trendy, high-value products.

Where is Five Below's Headquarters?

HQ Function

The headquarters, known as 'Wowtown,' serves as the central command for all corporate functions including executive leadership, merchandising, marketing, finance, human resources, IT, supply chain, and strategic planning for the national retail chain.

Notable Features:

Situated in the historic Lit Brothers Building in Center City Philadelphia, the office combines modern workspace design with the architectural character of a landmark structure. It's designed to be an energetic and creative environment.

Work Culture:

The work culture at Five Below's headquarters is often described as fast-paced, collaborative, innovative, and fun, reflecting the brand's youthful energy and 'Let Go & Have Fun' core value. There's a strong emphasis on growth and an entrepreneurial spirit.

HQ Significance:

The Philadelphia headquarters is crucial for driving Five Below's aggressive growth strategy, managing national operations, curating its unique product assortment, and fostering the company's distinct brand identity.

Values Reflected in HQ: The headquarters' design and location reflect Five Below's values of innovation, energy, community engagement (by revitalizing a historic site), and creating an exciting environment for both customers and employees.

Location:

Five Below's retail operations and primary corporate functions are currently concentrated within the United States. The company sources products globally to offer a diverse and affordable range to its customers. While it has a significant national footprint with stores in most states, its customer-facing operations are domestic. Future international expansion has been mentioned as a long-term possibility, but the current focus remains on growing within the U.S. market.

Street Address:

701 Market Street, Suite 600

City:

Philadelphia

State/Province:

Pennsylvania

Country:

USA

Five Below's Global Presence

Pedricktown, New Jersey, USA

Address: 5 Gateway Blvd, Pedricktown, NJ 08067

Supports retail operations across the Eastern region by ensuring efficient logistics, inventory management, and timely product distribution to a large network of stores.

Buckeye, Arizona, USA

Address: N 211th Ave & W Southern Ave, Buckeye, AZ 85326 (approximate location of distribution center)

Enhances logistical capabilities and product availability for stores in the Western U.S., supporting growth and operational efficiency in that market.

Conroe, Texas, USA

Address: 17051 S Trade Center Pkwy, Conroe, TX 77385

Strengthens supply chain infrastructure in the Southern U.S., enabling effective product flow to a growing number of retail locations in Texas and surrounding states.

Buying Intent Signals for Five Below

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Five Below

As of April 2025, Five Below' leadership includes:

Joel D. Anderson - President and Chief Executive Officer
Kristy Chipman - EVP, Chief Financial Officer and Treasurer
George Hill - EVP, Chief Operating Officer
Michael Romanko - EVP, Chief Merchandising Officer
Felicia Foster - SVP, Chief People Officer

Investors of Five Below

Five Below has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
Fidelity Management & Research Company LLC (FMR Co.)
T. Rowe Price Associates, Inc.
State Street Corporation

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Over the past 12 months, Five Below announced a key transition in its merchandising leadership. Michael Romanko, long-serving EVP, Chief Merchandising Officer, will move into a strategic advisory role. Catherine Sage is set to join as SVP, Chief Merchant, bringing fresh expertise to the team.

Departures

Michael Romanko, Michael Romanko will transition from his role as EVP, Chief Merchandising Officer to a strategic advisory role with Five Below, effective June 3, 2024.

New Appointments:

Catherine Sage, Catherine Sage will join Five Below as SVP, Chief Merchant, effective June 3, 2024, succeeding Michael Romanko in the primary merchandising leadership role.

Technology (Tech Stack) used by Five Below

Discover the tools Five Below uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Five Below Email Formats and Examples

Five Below commonly uses email formats based on employee names, such as first initial followed by last name, or first name separated by a dot from the last name, at the @fivebelow.com domain. Specific formats can vary.

[first_initial][last]@fivebelow.com or [first].[last]@fivebelow.com

Format

jdoe@fivebelow.com

Example

75%

Success rate

News and media

PR NewswireMay 22, 2024

Five Below, Inc. Announces Chief Merchant Transition

Five Below, Inc. (NASDAQ: FIVE) today announced that Michael Romanko, EVP, Chief Merchandising Officer, will transition from his current role to that of strategic advisor to the business effective June 3, 2024. The Company also announced that Catherine Sage will join Five Below as SVP, Chief Merchant, effective June 3, 2024....more

Five Below Investor RelationsMarch 20, 2024

Five Below, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results

Five Below, Inc. announced financial results for the fourth quarter and full year of fiscal 2023 ended February 3, 2024. Net sales increased by 19.1% to $1.34 billion in Q4 FY23; comparable sales increased by 3.1%. For the full year, net sales increased 15.7% to $3.56 billion....more

Business WireJanuary 10, 2024

Five Below, Inc. Announces Holiday Sales Results for Fiscal 2023 and Updates Fourth Quarter Guidance

Five Below reported net sales of $1.003 billion for the holiday period from October 29, 2023, through January 6, 2024, an increase of 16.1% from the prior year period. Comparable sales increased by 2.7% for the holiday period....more

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