Savers Value Village, Inc. Reports Third Quarter Financial Results
Savers Value Village, Inc. (SVV)
Company Research
Source: Business Wire
Net sales increased 0.5%, or 1.2% in constant currency1Opened nine new stores and remain on track for 29 new stores in 2024Narrows full year 2024 outlook BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (NYSE: SVV), (the “Company”) today announced financial results for the thirteen weeks ended September 28, 2024 (the “third quarter”).Highlights for the Third Quarter; Comparisons are to the Thirteen Weeks Ended September 30, 2023Net sales increased 0.5% to $394.8 million, with the United States (“U.S.”) up 6.2% and Canada down 7.1%. Constant currency net sales1 increased 1.2% to $397.3 million.Comparable store sales decreased 2.4%, with the U.S. increasing 1.6% and Canada decreasing 7.5%. A timing shift in the Canada Day holiday negatively impacted Canadian comparable store sales by approximately 100 basis points in the third quarter.The Company opened nine new stores, ending the third quarter with 344 stores.Net income and Adjusted net income1 were $21.7 million and $25
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News
- 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
- What To Expect From Savers Value Village Inc (SVV) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
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