Savers Value Village Inc. ( (SVV) ) has released its Q3 earnings. Here is a breakdown of the information Savers Value Village Inc. presented to its investors.
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Savers Value Village, Inc. is the largest for-profit thrift operator in the U.S. and Canada, specializing in value-priced pre-owned clothing, accessories, and household goods, with a mission to promote reuse and make secondhand shopping mainstream.
In its latest earnings report for the third quarter of 2025, Savers Value Village, Inc. announced a notable increase in net sales by 8.1% to $426.9 million, with comparable store sales rising by 5.8%. The company also highlighted its strategic debt refinancing, which is expected to reduce interest expenses significantly, and announced a new $50 million share repurchase program.
Key financial metrics from the report include a net loss of $14.0 million, or $0.09 per diluted share, largely due to a $32.6 million pre-tax loss on debt extinguishment. However, the adjusted net income was reported at $22.5 million, or $0.14 per diluted share, with an adjusted EBITDA of $70.0 million. The company successfully opened 10 new stores, bringing the total to 364, and saw strong sales growth in the U.S. and Canada.
Looking ahead, Savers Value Village has updated its fiscal 2025 outlook, projecting net sales between $1.67 billion and $1.68 billion, with comparable store sales growth of 4.0% to 4.5%. The company remains focused on its strategic initiatives, including store expansion and enhancing its financial position through debt refinancing and share repurchase programs.
Overall, Savers Value Village, Inc. is positioning itself for continued growth and profitability, with a strong emphasis on its value proposition and operational efficiency, aiming for a return to year-over-year profit growth in the coming quarters.