Savers Value Village, Inc. Earnings Recaps
Q2 2026
Aug 9, 2026
Shares rose 12.1% following a quarter that showcased stronger-than-expected U.S. comp growth and accelerating new store profitability, driven in part by the successful rollout of ThriftIQ pricing technology.
Key takeaways
- U.S. comps grew 6.6%, supported by both higher basket size and transaction frequency, driving 11.6% sales growth in the region.
- Canadian comps were modest at 0.8%, partially aided by a calendar shift; however, Canadian segment profit grew nearly 16%, with margin expansion of 330 basis points.
- Adjusted EBITDA rose 8% to $75 million, representing 16.6% of sales, reflecting operational leverage and productivity initiatives.
- New store openings totaled six, including a record-opening week store in North Carolina, with new store profitability ramping faster than originally anticipated.
- The rollout of ThriftIQ—leveraging proprietary data for more precise pricing—is contributing to improved sales yields and gross profit, with pilot stores outperforming others by about 100 bps in gross profit growth.
Q3 2025
Nov 1, 2025
Savers Value Village demonstrated strong third-quarter performance, with U.S. sales up 10.5% and comp sales growth of 7.1%, while Canada shows signs of resilience amidst challenging macroeconomic conditions.
Key takeaways
- U.S. comp sales increased by 7.1%, bolstered by a growing customer base and a solid value proposition.
- Canadian comp sales grew by 3.9%, marking the fourth consecutive quarter of improvement despite ongoing economic headwinds.
- The company opened 10 new stores this quarter, on track to meet its goal of 25 new store openings in 2025, emphasizing U.S. growth.
- Adjusted EBITDA reached $70 million, representing approximately 16.4% of sales, with refinanced debt set to reduce interest expenses.
- The company tightens its revenue and earnings outlook for 2025, signaling confidence in sustained growth and profitability.