earnings
confidence high
sentiment positive
materiality 0.70
Savers Value Village pre-announces Q4 net sales $382.8M (+4.4% YoY); reaffirms FY Adj. EBITDA ~$320M
Savers Value Village, Inc.
2023-FY EPS reported
$0.34
revenue$1,500,249,000
- Q4 net sales of $382.8M, up 4.4% YoY; full-year net sales of $1.50B, up 4.4%.
- Q4 comparable store sales up 2.6% (US +3.1%, Canada +2.0%); FY comps up 4.7%.
- FY 2023 Adjusted EBITDA outlook reaffirmed at ~$320M, in line with prior guidance.
- Opened 3 new US stores and 2 Canadian stores in Q4; targeting 22 new stores in 2024.
- CEO cites strong secular growth and diminished weather headwinds in Q4.