Savers Value Village reports preliminary Q4 revenue $402M, consensus $397.04M

Comparable store sales for the fourth quarter increased 1.6%, with the U.S. increasing 4.7% and Canada decreasing 2.5%. Mark Walsh, CEO, commented, “Our sales performance strengthened in the fourth quarter in both the U.S. and Canada. We are pleased with our double-digit total revenue growth in the U.S., driven by accelerating new store growth and strong comparable store sales. And we made progress in our Canada business despite continuing Canadian macroeconomic headwinds. We remain on track with our new store growth plans and look forward to opening 25-30 new stores in 2025.”