Discount retailer Five Below announced its new chief operating officer (COO) on Tuesday.
Kenneth Bull took the role after being promoted from his previous position as chief financial officer (CFO).
Bull has worked at Five Below for 17 years, 11 of which were spent as the firm's CFO.
- He will serve as both COO and CFO until the company finds a replacement for the latter role.
- Five Below aims to triple its store footprint to over 3,500 and double its sales through 2025.
- The company's net sales in Q3 rose by 6.2% to $645M YoY, while its comparable sales fell by 2.7% YoY.
- Five Below is set to release its Q4 results today.
