Savers Value Village Inc. ( (SVV) ) has released its Q1 earnings. Here is a breakdown of the information Savers Value Village Inc. presented to its investors.
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Savers Value Village, Inc., the largest for-profit thrift operator in the U.S. and Canada, specializes in offering value-priced pre-owned clothing, accessories, and household goods, with a mission to promote reuse and sustainability.
In its first-quarter financial report for 2025, Savers Value Village, Inc. announced a 4.5% increase in net sales, reaching $370.1 million, with a notable 9.4% growth in the U.S. market. Despite a net loss of $4.7 million, the company reported an adjusted net income of $3.6 million.
Key financial highlights include a 2.8% increase in comparable store sales, with U.S. stores seeing a 4.2% rise. The company opened two new stores, bringing the total to 353, and saw a high-single-digit increase in loyalty program membership to nearly 6 million. Challenges included a 4.1% sales decline in Canada due to currency exchange impacts.
Looking ahead, Savers Value Village reaffirms its 2025 outlook, projecting net sales between $1.61 billion and $1.65 billion and plans to open 25 to 30 new stores. The company remains focused on long-term growth through strategic execution and value offerings.
Savers Value Village’s management expresses confidence in its strategic direction, emphasizing continued growth in the U.S. and improvements in Canada, aiming for sustained profitability and expansion in the coming years.