<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019e708d-8fa3-701b-b485-d7cda97f7df5,g:b52fb6a9-b5a7-477c-bc24-e63f53ec53b0-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.fivebelow.com/role/CoverPage" xlink:type="simple" xlink:href="five-20260603.xsd#CoverPage"/>
  <link:presentationLink xlink:role="http://www.fivebelow.com/role/CoverPage" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_019e708d-8fa3-730b-b292-32acd252e90c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_DocumentType_019e708d-8fa3-730b-b292-32acd252e90c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_019e708d-8fa3-71c5-9bae-7d3cca0dc90e" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_DocumentPeriodEndDate_019e708d-8fa3-71c5-9bae-7d3cca0dc90e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_019e708d-8fa3-7718-836c-f0b2284cb21c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityRegistrantName_019e708d-8fa3-7718-836c-f0b2284cb21c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_019e708d-8fa3-7c48-8ffa-1db3fc294669" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityIncorporationStateCountryCode_019e708d-8fa3-7c48-8ffa-1db3fc294669" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_019e708d-8fa3-7474-9773-466ec603c2ca" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityFileNumber_019e708d-8fa3-7474-9773-466ec603c2ca" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_019e708d-8fa3-7d4e-8a4b-3feda667a636" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityTaxIdentificationNumber_019e708d-8fa3-7d4e-8a4b-3feda667a636" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_019e708d-8fa3-701e-9bac-1b30fa456236" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityAddressAddressLine1_019e708d-8fa3-701e-9bac-1b30fa456236" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2_019e708d-8fa3-7b3a-be21-b5144ffc5963" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityAddressAddressLine2_019e708d-8fa3-7b3a-be21-b5144ffc5963" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_019e708d-8fa3-740f-b522-51172c2ab97b" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityAddressCityOrTown_019e708d-8fa3-740f-b522-51172c2ab97b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_019e708d-8fa3-7d5e-b3a8-a36a9fdf0bd0" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityAddressStateOrProvince_019e708d-8fa3-7d5e-b3a8-a36a9fdf0bd0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_019e708d-8fa3-765f-80f4-7912d2b7da0d" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityAddressPostalZipCode_019e708d-8fa3-765f-80f4-7912d2b7da0d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_019e708d-8fa3-7faf-8de1-7d73a7f0ceef" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_CityAreaCode_019e708d-8fa3-7faf-8de1-7d73a7f0ceef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_019e708d-8fa3-72bc-8cee-bf6edbde887f" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_LocalPhoneNumber_019e708d-8fa3-72bc-8cee-bf6edbde887f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_019e708d-8fa3-700f-9278-5883778d0d52" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_WrittenCommunications_019e708d-8fa3-700f-9278-5883778d0d52" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_019e708d-8fa3-73cd-8889-5c81d8b1b828" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_SolicitingMaterial_019e708d-8fa3-73cd-8889-5c81d8b1b828" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_019e708d-8fa3-7f06-bd75-27e322d2955b" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_PreCommencementTenderOffer_019e708d-8fa3-7f06-bd75-27e322d2955b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_019e708d-8fa3-7022-8aba-5f7f5f057aa3" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_019e708d-8fa3-7022-8aba-5f7f5f057aa3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_019e708d-8fa3-71a1-bda3-ca3938c7ca5c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityEmergingGrowthCompany_019e708d-8fa3-71a1-bda3-ca3938c7ca5c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_019e708d-8fa3-78aa-a55a-3a4dc55e613a" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_EntityCentralIndexKey_019e708d-8fa3-78aa-a55a-3a4dc55e613a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_019e708d-8fa3-724d-85a7-ee6140b19021" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e708d-8fa3-7d66-8fe5-fb9334ce209a" xlink:to="loc_dei_AmendmentFlag_019e708d-8fa3-724d-85a7-ee6140b19021" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
