earnings
confidence high
sentiment neutral
materiality 0.65
Savers Value Village Q3: net sales +0.5% to $394.8M, comp store sales -2.4%, Canada pressured
Savers Value Village, Inc.
2024-Q3 EPS reported
$0.18
revenue$1,135,632,000
- Net sales $394.8M (+0.5% as reported; +1.2% constant currency); U.S. +6.2%, Canada -7.1%.
- Comparable store sales decreased 2.4% (U.S. +1.6%, Canada -7.5% impacted by Canada Day shift).
- Net income $21.7M ($0.13 diluted EPS); Adjusted EBITDA $82.0M (20.8% margin).
- Opened 9 new stores in Q3 (total 344); on track for 29 in 2024; planning 25-30 new stores in 2025.
- Repurchased ~1.8M shares at $9.86 avg price; $29.1M remaining on authorization; narrows FY2024 outlook.