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Stock impact report

Savers Value Village, Inc. Reports Third Quarter Financial Results [Yahoo! Finance]

Savers Value Village, Inc. (SVV) 
Company Research Source: Yahoo! Finance
Narrows full year 2024 outlook BELLEVUE, Wash., November 07, 2024 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, 2023 Net 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 sales 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 income were $21.7 million and $25.1 million, respectively. Net income per diluted share and Adjusted net income per diluted s Show less Read more
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