Quarterly ResultMay 6, 2026, 04:14 PM
Savers Value Village Q1 Net Sales +8.9% to $403.2M; Re-Affirms Outlook
AI Summary
Savers Value Village, Inc. announced its first quarter 2026 financial results, reporting an 8.9% increase in net sales to $403.2 million, driven by strong U.S. comparable store sales growth of 6.4%. The company achieved Adjusted EBITDA of $44.5 million, marking its second consecutive quarter of year-over-year growth in this metric. Despite a net loss of $5.3 million, the company re-affirmed its fiscal 2026 outlook, anticipating continued profitable growth and plans to open approximately 25 new stores.
Key Highlights
- Net sales increased 8.9% to $403.2 million for the first quarter.
- U.S. comparable store sales grew 6.4%, contributing to a total comparable store sales increase of 3.5%.
- Reported a net loss of $5.3 million, or $0.03 per diluted share.
- Adjusted EBITDA rose to $44.5 million, a year-over-year increase for the second consecutive quarter.
- Repurchased 1.2 million shares at a weighted average price of $8.51 per share.
- Opened 3 new stores, ending the quarter with 370 locations.
- Re-affirmed fiscal 2026 outlook for net sales of $1.76 billion to $1.79 billion.
- U.S. Retail segment net sales increased 11.2% to $234.3 million.