Recent Updates — SVV
Savers Value Village, Inc. completed a secondary public offering of 23,000,000 shares of common stock at $10.25 per share on August 13, 2026. The sale was conducted by Ares Private Equity and Opportunistic Credit funds, with the company receiving no proceeds from the transaction. Concurrently, Savers Value Village repurchased 1,021,580 shares using existing cash on hand at the same price paid by underwriters to the selling stockholders. This repurchase was not part of an existing share repurchase program and did not involve compensation for the underwriters. The offering was executed through J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, Jefferies LLC, and UBS Securities LLC as joint lead book-running managers. Savers Value Village operates as the largest for-profit thrift operator in the United States and Canada for value-priced pre-owned clothing, accessories, and household goods.
On August 11, 2026, Savers Value Village announced a secondary public offering of 15,000,000 shares of common stock by Ares Private Equity and Opportunistic Credit funds. The underwriters have a 30-day option to purchase up to an additional 2,250,000 shares. Concurrently, the company authorized a $10 million repurchase of shares from the underwriters at the offering price, funded by existing cash. Savers Value Village operates as the largest for-profit thrift operator in the United States and Canada.
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.