Full-Time

Assistant Manager

Posted on 5/9/2026

Five Below

Five Below

10,001+ employees

Discount retailer selling trendy youth goods

Compensation Overview

$20.80/hr

Company Does Not Provide H1B Sponsorship

Beaverton, OR, USA

In Person

Overnight shifts and travel may be required.

Category
Retail (2)
,
Required Skills
Inventory Management
Requirements
  • High School Graduate or equivalent
  • College experience preferred
  • Minimum 2 years of management experience
  • Excellent verbal and written communication skills
  • Ability to multi-task
  • Creative thinking
  • Ability to maintain composure under pressure
Responsibilities
  • Responsible for performing General Manager duties in their absence
  • Partners with General Manager regarding store issues, concerns and recognition
  • Exemplifies customer engagement by modeling behaviors
  • In partnership with General Manager and Front-End Manager analyzes TruRating scores to identify opportunities to teach, train and recognize customer engagement behaviors
  • In partnership with the General Manager, identifies shrink opportunities and drills down to identify root cause. Develop plan of action to reduce shrink and own the ACO
  • Responsible for opening and closing store procedures and acts as the manager on duty in their assigned store
  • Under the leadership of the General Manager, directly leads the freight team and all associates of the store while the Manager on Duty
  • Ensures Merchandise Movement Process is flawlessly executed
  • Leads and ensures Five Below’s Pack away Process is completed within timeframes provided using local store list
  • In partnership with the General Manager, leads the store process to recruit, train, coach, develop and supervise all associates
  • The assistant manager will have input in the scheduling process to ensure the store staffing levels meet or exceed expectations
  • Assists with the entire payroll process to ensure the labor budget is in line with plan. Ensures missed punches and weekly payroll approved on time
  • In partnership with the General Manager, leads the store process to execute zone sheet, daily store checklist, world recovery and damage process
  • Reviews all corporate and district communications and reacts accordingly
  • Uses financial reporting to drive business and sales opportunities and control expenses
  • Responsible for cash handling procedures including preparing bank deposits
  • Authorizes register functions including post voids, returns, and discounts
  • Sets and maintains Market Plans, Signage, Hot Sheets and What’s on the Way. Ensures the merchandising procedures are being executed timely
  • Ensures the execution of company Inventory Integrity process. Use of item inquiry and replace to ensure OH count integrity
  • Complies with Human Resources policies and procedures and leads Asset Protection and Safety processes and holds associates accountable
  • Performs store maintenance including but not limited to taking out garbage, sweeping, cleaning bathrooms, maintaining stock room

Five Below is a discount retailer that offers a wide range of trendy products and essentials aimed at pre-teens, teens, and young adults. Its products are priced primarily at $5 or less, with some items priced higher, and are refreshed frequently by sourcing goods globally to keep inventory up to date. Customers can shop in stores or online, with the experience designed to be fun and engaging. The company sells categories such as school supplies, fashion accessories, electronics, toys, games, and home decor. Its emphasis on ethical sourcing and compliance with human rights and labor practices guides supplier choices. Compared to competitors, Five Below emphasizes high-value, fashion-forward items at very low prices with a continuously rotating assortment that appeals to a younger audience. The goal is to provide affordable, on-trend products while delivering an enjoyable shopping experience and driving growth through both in-store and online channels.

Company Size

10,001+

Company Stage

IPO

Headquarters

Philadelphia, Pennsylvania

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • Q4 2025 revenue hit $1.73B, up 24.3%, with 15.4% comp sales growth.
  • Gen Alpha spending power reaches $1.2T by 2028 in toys and fashion.
  • 150 new stores planned for 2026, expanding to 46 states from 1,921 locations.

What critics are saying

  • Temu and Shein capture 40% Gen Z share with cheaper app-based trendy items.
  • Dollar General's pGenix label siphons 10-15% tween spending in rural areas.
  • AR/VR shift via Meta Orion cuts 30% physical toy and decor demand by 2028.

What makes Five Below unique

  • Five Below targets Gen Alpha, Gen Z with trendy $1-$5 toys and tech accessories.
  • Eight immersive 'worlds' create treasure-hunt shopping for pre-teens and teens.
  • Five Beyond extends to $25 items while preserving core $5 value identity.

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Your Connections

People at Five Below who can refer or advise you

Benefits

Health Insurance

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

3%
Yahoo Finance
Mar 30th, 2026
Five Below beats earnings with $4.31 EPS as shares trade 11% below fair value target

Five Below has raised investor interest after reporting fourth-quarter results and unveiling 2026 growth guidance, including new store openings and comparable sales projections. The specialty retailer reported fourth-quarter net sales of $1.73 billion, up 24.3% year-on-year, beating analyst forecasts. Adjusted earnings per share reached $4.31, surpassing the $3.96 estimate. Despite recent short-term weakness, shares delivered a 195.92% one-year return. Vestra's analysis places Five Below's fair value at $249.60, suggesting 11.2% upside from the current $221.72 share price. However, the company trades at a price-to-earnings ratio of 34.1 times, above the 27.4 times peer average and 19.2 times industry average, indicating the market is already pricing in significant growth expectations.

Goodman Real Estate
Mar 25th, 2026
CHARDON BISHOP PLAZA REDEVELOPMENT UNDER CONSTRUCTION - Willoughby Hills, ohio.

CHARDON BISHOP PLAZA REDEVELOPMENT UNDER CONSTRUCTION - Willoughby Hills, ohio. March 2, 2026 - AutoZone Hub Store (39,497 SF), Burlington (20,055 SF), Grocery Outlet (19,972 SF), Five Below (9,923 SF), and Chipotle (2,325 SF) are among the new tenants under construction at the redeveloped Chardon Bishop Plaza on Chardon Road in Willoughby Hills. Located adjacent to Shoppes at Willoughby Hills and just south of I-90, the 100,000 SF of new tenants are on track to open this year. Zack Sogoloff, Executive Vice President at Goodman Real Estate Services Group LLC, represented the landlord in these transactions. For opportunities at Chardon Bishop Plaza, please contact Zack. Richard Edelman, Senior Vice President/Principal; and Danny Popov, Sales Associate, at Goodman Real Estate Services Group LLC, represented Chipotle in this transaction.

Yahoo Finance
Mar 25th, 2026
Five Below Q4 earnings beat estimates with $1.73B revenue and $4.31 adjusted EPS

Five Below reported strong fourth-quarter results, with revenue of $1.73 billion beating analyst estimates of $1.71 billion and adjusted earnings per share of $4.31 exceeding expectations of $4.00. Same-store sales rose 15.4% year on year, reversing the previous year's 3% decline. CEO Winifred Park credited the performance to renewed focus on Gen Alpha, Gen Z and millennial parents, alongside enhanced social media engagement and improved merchandising. The company guided first-quarter revenue to $1.19 billion, above analyst estimates of $1.10 billion, and full-year adjusted EPS of $8.00, beating expectations by 13.4%. Management emphasised balancing margin expansion with reinvestment in marketing and store labour whilst maintaining disciplined store growth. The company ended the quarter with 1,921 locations.

Yahoo Finance
Mar 22nd, 2026
Five Below opens 10,000-square-foot Lewiston store as chain expands with $359M net income

Five Below is opening a new location at Nez Perce Plaza in Lewiston, Idaho, with renovations underway on a 10,000-square-foot space formerly occupied by Pier 1. The discount retailer is expected to debut in early summer. The store sells "trend-right" products priced between $1 and $5, with some extreme value items. Its eight departments, called "worlds", include candy, tech, sports and party supplies. Five Below operates over 1,900 locations across 46 states and plans to add approximately 150 stores this fiscal year. The Pennsylvania-based company reported strong financial performance, with net income rising from $254 million in fiscal 2024 to $359 million in fiscal 2025. It forecasts net income between $429 million and $457 million for the current fiscal year.

Yahoo Finance
Mar 21st, 2026
Five Below stock hits 52-week high of $237 as Q4 sales jump 24% to $1.73B

Five Below reported strong fourth-quarter earnings on 18 March, with adjusted diluted earnings per share of $4.31, exceeding the $3.99 Street expectation. Net sales rose 24.3% to $1.73 billion, driven by 7% transaction growth and 8% ticket growth across all income cohorts. The discount retailer's stock hit a new 52-week high of $237.25 on Thursday, up 10%, following the earnings report and a Bank of America upgrade raising its price target to $305 from $260. The stock has gained more than 200% over the past year. Five Below opened 14 new stores in the quarter, bringing its total to 1,921 stores across 46 states. The company is expanding its pricing strategy beyond its traditional $5 price point to include items at $7, $10 and $15.