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1、 2002 first store opens in Wayne,PA 2008 100th storeopens 2012 fiV BEL OW goes public!(NASDAQ:FIVE)2016 e-commerce goes 2020 1,000th store opens Five Beyond launches extreme value conceptlive 500th store opens!2018 WowTown Philly HQ opens!2021annual 2002 first store opens in Wayne,PA 2008 100th stor
2、eopens 2012 fiV BEL OW goes public!(NASDAQ:FIVE)2016 e-commerce goes 2020 1,000th store opens Five Beyond launches extreme value conceptlive 500th store opens!2018 WowTown Philly HQ opens!20122022celeBrating10 years as a puBlic company!NASDAQ:FIVEDear Shareholders,In 2002,our founders Tom Vellios an
3、d David Schlessinger imagined a unique retail concept catering to kids.One that provided extreme value on the hottest trends and gotta-have items in a fun environment.Everything was priced$5 and below to ensure kids had a place where they could spend their allowance.Twenty years later,we still hold
4、true to that founding vision,only now weve extended our concept to include items priced beyond$5,giving our customers access to new extreme-value products that might otherwise fall outside their budget.Our purpose to create an amazing experience where customers can Let Go&Have Fun with prices so low
5、,they can always say Yes!to the newest,coolest stuff!is more relevant today than its ever been.In our current macro environment,value becomes even more important and no other retailer delivers the combination of “wow”and value like Five Below.The proof is in our 2021 results.Among the highlights:We
6、opened 171 new stores and entered four new markets,ending the year with 1,190 stores in 40 states.We delivered sales of$2.85 billion,an increase of 24.2%on a two-year CAGR basis driven by strong performance from our new and existing stores.Our operating margin for the year was a record 13.3%.Our dil