STOCK TITAN

Savers Value Village, Inc. - $SVV STOCK NEWS

Welcome to our dedicated page for Savers Value Village news (Ticker: $SVV), a resource for investors and traders seeking the latest updates and insights on Savers Value Village stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Savers Value Village's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Savers Value Village's position in the market.

Rhea-AI Summary
Savers Value Village, Inc. plans to release its first quarter fiscal 2024 financial results on May 9, 2024, followed by a conference call to discuss the results. Investors can join the call or access a webcast for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
-
Rhea-AI Summary
Savers Value Village, Inc. (SVV) reported a 4.4% increase in quarterly net sales, reaching $382.8 million, with a 2.6% rise in comparable store sales. The company opened five new stores, ending the quarter with 326 stores. Net income surged by 66.0% to $43.9 million, and Adjusted EBITDA rose by 5.0% to $83.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.48%
Tags
-
Rhea-AI Summary
Savers Value Village, Inc. announces the release of its fourth-quarter and fiscal year 2023 financial results on March 7, 2024, followed by a conference call to discuss the outcomes. Investors and analysts can participate in the call by dialing in or accessing the webcast on the Company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
Rhea-AI Summary
Savers Value Village, (SVV) remains comfortable with previously provided adjusted EBITDA guidance after announcing preliminary net sales for the fourth quarter of 2023 and fiscal 2023. Net sales for the fourth quarter of 2023 are approximately $382.8 million, representing a 4.4% growth compared to the prior year period. Comparable store sales for the fourth quarter are expected to increase approximately 2.6%. Net sales for fiscal 2023 are approximately $1.50 billion, representing growth of approximately 4.4%. Comparable store sales for fiscal 2023 are expected to increase approximately 4.7%. The company remains confident in its ability to ramp new store growth to the target of 22 in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
none
-
Rhea-AI Summary
Savers Value Village, Inc. (NYSE: SVV) announced a 3.8% increase in net sales to $392.7 million and a $50 million share repurchase program. Comparable store sales rose 3.7%, with a 5.6% increase in sales yield to $1.50 per pound. Adjusted EBITDA increased 6.3% to $91.0 million. The company also provided an update on its fiscal 2023 outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.89%
Tags
-
Rhea-AI Summary
Savers Value Village, Inc. plans to report its Q3 fiscal 2023 financial results on November 9, 2023. A conference call will be held to discuss the results. A live webcast and recorded replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
Rhea-AI Summary
Savers Value Village appoints Susan O’Farrell as independent director and member of the Board's Audit Committee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
management
-
Rhea-AI Summary
Savers Value Village reports a 4.0% increase in sales and a 5.5% increase in comparable store sales for the second quarter of 2023. Net income increased by 13.6% to $35.1 million. The company expects to open 12 new stores and achieve total net sales of approximately $1.51 billion for fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.03%
Tags
-
Rhea-AI Summary
Savers Value Village, Inc. (Savers Value Village™) (SVVI) plans to report its second quarter fiscal 2023 financial results on August 10, 2023, after market close. The company will host a conference call at 4:30 p.m. ET to discuss its financial results. Investors and analysts are invited to participate in the call and can access a live webcast on the company’s website. A recorded replay of the call will also be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.57%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Savers Value Village, Inc.

NYSE:SVV

SVV Rankings

SVV Stock Data

2.65B
26.41M
0.01%
109.02%
6.25%
Warehouse Clubs and Supercenters
Retail Trade
Link
United States of America
BELLEVUE