NYSE$SVV

Savers Value Village Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Savers Value Village, Inc. reported a 5.0% increase in net sales for the fourth quarter of 2024, reaching $402.0 million, with U.S. sales up 10.5%.

Savers Value Village, Inc. announced strong fourth-quarter financial results for 2024, with net sales increasing by 5.0% to $402.0 million, driven by a significant 10.5% growth in U.S. sales. The company also saw a 1.6% increase in comparable store sales and reported a net loss of $1.9 million, alongside an Adjusted net income of $15.9 million.

  • Net sales increased by 5.0% to $402.0 million, with U.S. sales growing by 10.5% and Canada decreasing by 2.7%.
  • Comparable store sales increased by 1.6%, with U.S. comparable store sales up 4.7% and Canada down 2.5%.
  • The company opened 9 new stores in the fourth quarter, bringing the total to 351 stores.
  • Net loss was $1.9 million, while Adjusted net income reached $15.9 million, with a net loss margin of 0.5%.

Headline financials

Total Revenue

$402M

Previous: $383M+5.0%
EPS (adj)

$0.10

Previous: $0.15-33.3%
Pounds Processed

259.0M

Previous: 250.0M+3.6%
Sales Yield

$1.50

Previous: $1.54-2.6%
On-site Donations and GreenDrop as % of Total Pounds Processed

74.9%

No prior period
Cost of Merchandise Sold Per Pound Processed

$0.69

No prior period
Net Income

-$1.9M

Previous: $43.9M-104.3%
Operating Income

$33.1M

Previous: $36.9M-10.3%

Revenue & EPS history

Savers · Revenue · Quarterly

$402M

Q4 2024+5%vs Q4 2023
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Forward guidance

For fiscal 2025, Savers Value Village, Inc. expects net sales between $1.61 billion and $1.65 billion, with comparable store sales growth of 0.5% to 2.5%. The company anticipates opening 25 to 30 new stores.

Tailwinds

  • Anticipated net sales of $1.61 billion to $1.65 billion for fiscal 2025.
  • Expected comparable store sales growth of 0.5% to 2.5% over fiscal 2024.
  • Plans to open 25 to 30 new stores in fiscal 2025, indicating continued expansion.
  • Projected Adjusted net income between $62 million and $77 million for fiscal 2025.
  • Expected Adjusted EBITDA between $245 million and $265 million for fiscal 2025.

Headwinds

  • Net income is projected to be between $36 million and $52 million, which is lower than the Adjusted net income forecast.
  • The outlook assumes a Canadian dollar to U.S. dollar exchange rate of 0.70, which could be a risk if the CAD weakens further.
  • Comparable store sales growth range includes a lower end of 0.5%, indicating potential for minimal growth.
  • Capital expenditures are projected to be between $125 million and $150 million, representing a significant investment.
  • The company's outlook is subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-2.8%

Avg return

Earnings day

-5.0%

Avg return

5 days after

-5.5%

Avg return

30 days after

44%

7 / 16 earnings

Positive

+17.7%

Q1 2025

Best reaction

-21.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%-13.3%+5.1%
Q4 2025+2.5%-8.3%-23.6%
Q3 2025+4.1%+4.4%+13.4%
Q1 2025+17.7%+18.8%+5.4%
Q4 2024-19.4%-28.6%-37.7%
Q3 2024-6.1%-10.2%-11.2%
Q2 2024-9.3%-7.2%-6.9%
Q1 2023-21.7%-22.1%-23.4%
Q1 2024-15.9%-12.6%-19.1%
Q1 2022-6.0%-8.5%-12.5%
Q4 2023-5.5%-4.2%-10.6%
Q3 2022+7.2%+2.6%+37.5%
Q3 2023-19.2%-13.3%+4.7%
Q2 2022+8.9%+7.4%-3.1%
Q4 2022+8.9%+7.4%-3.1%
Q2 2023+10.2%+7.4%-2.1%
Q4 2021
Q3 2021
Q2 2021
Q1 2021
Q4 2020
Q1 2019

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