secwatch.observer — SEC 8-K summary
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Issuer:     Savers Value Village, Inc. (SVV)
CIK:        0001883313
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001883313-25-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Savers Value Village revises non-GAAP definitions; FY2024 Adj. EBITDA outlook recast to $267-277M
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- New Adj. EBITDA includes occupancy costs, pre-opening and store closing expenses; prior definition excluded these.
- Comparable store sales now defined as stores open 14+ months (vs. start of 3rd fiscal year).
- Tax effect on adjusted net income adjustments will use rate specific to each adjustment, not overall effective rate.
- Company reaffirms FY2024 Adj. EBITDA outlook at $290-300M under old definition; recast under new definition is $267-277M.
- Changes effective fiscal 2025 (53 weeks ending Jan 3, 2026); prior periods will be recast for comparability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883313/000188331325000004/0001883313-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883313/000188331325000004/svv-20250115.htm
  HTML page:      https://secwatch.observer/filing/0001883313-25-000004

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