---
schema_version: "secwatch.filing_event.v1"
accession: "0001883313-24-000020"
form_type: "8-K"
ticker: "SVV"
cik: "0001883313"
company_name: "Savers Value Village, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:12:38.236920+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Savers Value Village Q1 net loss $0.5M; adj. net income up 32%; acquires 7-store Georgia chain; names new CFO

## Summary
- Net sales $354.2M (+2.5%); comp store sales +0.3% (US +2.3%, Canada -2.6%).
- Net loss $0.5M ($0.00/sh); adjusted net income $13.9M (+32.3%), adj. EPS $0.08.
- Acquired a 7-store thrift chain in Georgia, entering U.S. Southeast; now targeting 29 net new stores in 2024.
- Michael Maher appointed CFO effective May 13, replacing Jay Stasz (advisory role through Aug 12); ex-Nordstrom interim CFO.

## SEC filing metadata
- accession: 0001883313-24-000020
- form_type: 8-K
- ticker: SVV
- cik: 0001883313
- company_name: Savers Value Village, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883313/000188331324000020/0001883313-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883313/000188331324000020/svv-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883313-24-000020
- JSON: https://secwatch.observer/filing/0001883313-24-000020.json
- Plain text: https://secwatch.observer/filing/0001883313-24-000020.txt

## Key facts
- Earnings Releases
  Savers Value Village, Inc. reported thirteen weeks ended March 30, 2024 results: revenue $354.2 million, net income $0.00 per diluted share, EPS $0.00 per diluted share.
  - Period: thirteen weeks ended March 30, 2024
  - Revenue: $354.2 million
  - Net income: $0.00 per diluted share
  - EPS: $0.00 per diluted share
  - Result: reported results
  source text: the thirteen weeks ended March 30, 2024 (the “first quarter”). Highlights for the First Quarter, Compared to the thirteen weeks ended April 1, 2023 • Net sales increased 2.5% to $354.2 million. • Comparable store sales increased 0.3%, with the United States (“U.S.”) up 2.3% and Canada down 2.6%. • Sales yield 2 increased 1.4% to $1.41 per pound. • The Company ended the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000188331324000020/0001883313-24-000020-index.htm
- Executive change
  Jay Stasz departed as Chief Financial Officer and Treasurer at Savers Value Village, Inc..
  - Action: departing
  - Role: Chief Financial Officer and Treasurer
  source text: Mr. Maher will replace Jay Stasz, the Company’s current Chief Financial Officer and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000188331324000020/0001883313-24-000020-index.htm
- Executive change
  Michael Maher was appointed as Chief Financial Officer and Treasurer at Savers Value Village, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: On May 06, 2024, the Board of Directors (the “Board”) of the Company appointed Michael Maher as the Company’s Chief Financial Officer and Treasurer, effective May 13, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000188331324000020/0001883313-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.