Earnings ·
Savers Value Village reported second quarter fiscal 2026 results ending July 4, 2026
SVVSavers Value Village, Inc.
Savers Value Village reported second quarter fiscal 2026 results ending July 4, 2026. Net sales increased 7.4% to $448.2 million, driven by a 6.6% rise in U.S. comparable store sales. The company posted net income of $21.6 million ($0.14 per diluted share) and Adjusted EBITDA of $74.5 million (16.6% margin). Savers Value Village launched ThriftIQ, a proprietary pricing platform developed with Kaizen Analytix, to optimize pricing decisions across its apparel assortment. The company updated its full-year fiscal 2026 outlook, raising net sales guidance to $1.77–$1.79 billion and adjusted EBITDA to $265–$275 million. Additionally, the firm repriced term loans to reduce interest expense by approximately $3.6 million annually on an annualized basis and repurchased 1.2 million shares for $21.7 million during the quarter. Savers Value Village operates as a large for-profit thrift retailer of value-priced pre-owned clothing, accessories, and household goods in the U.S., Canada, and Australia.