Savers
About: Savers Value Village Inc is a for-profit thrift operator in the United States and Canada. It purchases second hand textiles (i.e., clothing, bedding, and bath items), shoes, accessories, housewares, books and other goods from its non-profit partners ("NPPs"), either directly from them or via on-site donations ("OSDs") at Community Donation Centers at its stores. The company then process, selects, price, merchandise and sell these items in its stores.
Employees: 22,000
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
6% less call options, than puts
Call options by funds: $163K | Put options by funds: $174K
2.87% less ownership
Funds ownership: 107.71% [Q2] → 104.84% (-2.87%) [Q3]
6% less funds holding
Funds holding: 107 [Q2] → 101 (-6) [Q3]
17% less capital invested
Capital invested by funds: $2.13B [Q2] → $1.77B (-$361M) [Q3]
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$10
3%
downside
Avg. target
$10
3%
downside
High target
$10
3%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Piper Sandler Peter Keith 65% 1-year accuracy 30 / 46 met price target | 3%downside $10 | Neutral Downgraded | 8 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Savers Value Village: A Niche Retail Play That Looks On Sale
Savers Value Village, a major for-profit thrift retailer, shows modest revenue growth but mixed profitability, yet remains attractively priced compared to traditional retailers. The company has expanded from 306 to 326 locations from 2021 to 2023, with significant comparable store sales growth in both the US and Canada. Despite rising costs and interest expenses, adjusted operating cash flow and EBITDA have shown improvement, indicating potential for future profitability.
Neutral
Seeking Alpha
1 month ago
Savers Value Village, Inc. (SVV) Q3 2024 Earnings Call Transcript
Savers Value Village, Inc. (NYSE:SVV ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mark Walsh – Chief Executive Officer Jubran Tanious – President and Chief Operating Officer Michael Maher – Chief Financial Officer Conference Call Participants Matthew Boss – JPMorgan Brooke Roach – Goldman Sachs Mark Altschwager – Baird Bob Drbul – Guggenheim Randy Konik – Jefferies Peter Keith – Piper Sandler Sachin Verma – UBS Anthony Chukumba – Loop Capital Markets Operator Good afternoon, and welcome to Savers Value Village Conference Call to discuss Financial Results for the Third Quarter Ending September 28, 2024. At this time all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Savers Value (SVV) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Savers Value (SVV) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
1 month ago
Savers Value Village (SVV) Lags Q3 Earnings and Revenue Estimates
Savers Value Village (SVV) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago.
Neutral
Business Wire
1 month ago
Savers Value Village, Inc. Reports Third Quarter Financial Results
BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (NYSE: SVV), (the “Company”) today announced financial results for the thirteen weeks ended September 28, 2024 (the “third quarter”). Highlights for the Third Quarter; Comparisons are to the Thirteen Weeks Ended September 30, 2023 Net sales increased 0.5% to $394.8 million, with the United States (“U.S.”) up 6.2% and Canada down 7.1%. Constant currency net sales1 increased 1.2% to $397.3 million. Comparable store sales decreased 2.4%,.
Neutral
Business Wire
1 month ago
Savers® Value Village® Third Quarter Fiscal 2024 Financial Results To Be Released Thursday, November 7, 2024
BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (the “Company”) today announced that it plans to report its third quarter fiscal 2024 financial results on November 7, 2024 after market close. On the same day, the Company will host a conference call at 4:30 p.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 800 549 8228 (international callers, please dial +1 289 819 1520) approximately 10 minutes prior to the s.
Neutral
Business Wire
2 months ago
Savers Value Village, Inc. Honored with the SDG Pioneer Award at the 2024 Reuters Sustainability Awards
BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (NYSE: SVV) is proud to announce that it has been named “Highly Commended” in the SDG Pioneer Award category at the Reuters Sustainability Awards 2024. This prestigious honor recognizes the company's significant contributions to sustainable business practices, positively impacting society and the environment. The Reuters Sustainability Awards are renowned for celebrating exceptional leadership in sustainable business. For over 70 year.
Neutral
Business Wire
3 months ago
New Survey from Value Village® Shows Thrifting is Gaining Momentum in Canada
TORONTO--(BUSINESS WIRE)--Today, Value Village®, the largest for-profit thrift operator in the Canada for value priced pre-owned clothing, accessories, and housewares, released its 2024 Thrift Report. Data from the report highlights how thrifting, a once niche activity, is growing into a mainstream retail choice for Canadian consumers. “Our data clearly shows that Canadians' attitudes and interests towards thrifting is changing how people shop,” shares Nicole McPherson, Vice President of Canada.
Neutral
Business Wire
3 months ago
Savers Value Village, Inc. Survey Shows Gaining Momentum for Thrift
BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (NYSE: SVV), the largest for-profit thrift operator in North America for value priced pre-owned clothing, accessories, and housewares, today released its 2024 Thrift Report to provide insight into the state of secondhand in the U.S. and Canada. The survey confirms that secondhand shopping continues to grow in popularity across age groups and demographics, making it clear that thrift is reshaping the retail landscape and changing how p.
Negative
Seeking Alpha
3 months ago
Savers Value Village: Canada Headwinds Likely To Drag Down Overall Performance
Hold rating for Savers Value Village due to expected drag from Canada operations and better alternatives in US discount store space. SVV is a leading thrift store operator in US and Canada, with US market outperforming but Canada facing continued pressure. SVV's valuation likely to remain depressed until Canada operations improve, making it an unattractive investment option compared to peers.
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