earnings
confidence high
sentiment positive
materiality 0.80
Savers Value Village Q4 net sales +4.4%, comp sales +2.6%, net income +66%
Savers Value Village, Inc.
- Net sales $382.8M (+4.4%); constant currency +4.5%; comparable store sales +2.6%.
- Net income $43.9M ($0.27 diluted EPS) vs $26.4M ($0.18); adjusted net income $25.4M ($0.15).
- Adjusted EBITDA $83.1M (+5.0%), margin 21.7% (+10 bps); negative FX impact $0.1M.
- Opened 5 new stores in Q4; total 326 stores. Planning 22 new stores in fiscal 2024.
- Sales yield increased 2.0% to $1.54 per pound.