Savers Value Village, Inc.

Savers Value Village, Inc. reported strong financial results for the second quarter and first half of 2026. Net sales for the thirteen weeks ended July 4, 2026, increased 7.4% to $448.2 million, with net income rising 14.3% to $21.6 million. The company also amended its 2025 Senior Secured Credit Facilities to reduce interest rates and continued its share repurchase program, buying back 1.18 million shares for $9.5 million in the quarter.

Savers Value Village, Inc. subsidiaries, including Evergreen AcqCo 1 LP and Value Village Canada Inc., entered into an amendment to their Credit Agreement. This amendment, effective June 2, 2026, significantly reduces the interest rates on their existing term loans. The Applicable Rate for Term SOFR Loans is now 2.50%, and for Base Rate Loans, it is 1.50%, which is expected to lower the company's borrowing costs.

Savers Value Village, the largest for-profit thrift operator in the U.S. and Canada, operated 370 stores as of April 4, 2026. The company's Super Savers Club loyalty program had 6.1 million active members as of January 3, 2026, contributing 72.7% of retail sales in fiscal 2025. The business model emphasizes sustainability and community impact through its procurement of secondhand items from non-profit partners. On-site donations and GreenDrop locations, which are desirable for their higher quality and lower cost, constituted 75.9% of total pounds processed for the thirteen weeks ended April 4, 2026.

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.

Savers Value Village, Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on Wednesday, June 10, 2026, at 9:00 A.M. Pacific Time. Stockholders of record as of April 13, 2026, are eligible to vote. Key proposals include the election of three Class III directors (Aina E. Konold, Kristy Pipes, and Brian Ames), the ratification of KPMG LLP as the independent auditor for fiscal year ending January 2, 2027, and an advisory vote on executive compensation. The company, the largest for-profit thrift operator in the U.S. and Canada, emphasizes its commitment to strong corporate governance and sustainability.