New Survey from Value Village® Shows Thrifting is Gaining Momentum in Canada
Savers Value Village, Inc. (SVV)
Company Research
Source: Business Wire
From environmental considerations to the thrill of the hunt, shopping secondhand is increasingly a preferred choice for Canadian consumers TORONTO--(BUSINESS WIRE)--Today, Value Village®, the largest for-profit thrift operator in the Canada for value priced pre-owned clothing, accessories, and housewares, released its 2024 Thrift Report. Data from the report highlights how thrifting, a once niche activity, is growing into a mainstream retail choice for Canadian consumers.“Our data clearly shows that Canadians’ attitudes and interests towards thrifting is changing how people shop,” shares Nicole McPherson, Vice President of Canada Field Operations, Value Village. “With more than 40 per cent of Gen Z thrifting, we expect momentum and trends in the industry to continue. The change is driven by a number of factors including economic, environmental and social benefits.”The survey confirms that secondhand shopping is growing in popularity across all age groups and demographics, making it
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- Savers Value Village Non-GAAP EPS of $0.15, revenue of $394.8M [Seeking Alpha]Seeking Alpha
- Savers Value Village Inc (SVV) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst Challenges [Yahoo! Finance]Yahoo! Finance
- Savers Value Village (SVV) Lags Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Savers Value Village, Inc. Reports Third Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Savers Value Village, Inc. Reports Third Quarter Financial ResultsBusiness Wire
SVV
Earnings
- 11/7/24 - Beat
SVV
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form 144
- SVV's page on the SEC website