Investment Overview - Savers Value Village (NYSE:SVV) is rated as a hold due to expected underperformance in Canada operations, influenced by high mortgage rates affecting household income [2] - The robust outlook in the US is not anticipated to sufficiently offset the weaknesses in Canada, suggesting better investment alternatives in the US market [2] Business Description - SVV operates as a leading for-profit thrift store in the US and Canada, sourcing merchandise through non-profit partners and processing it in centralized centers [3] - The US market accounts for 52% of FY23 revenue, while Canada contributes 40% [3] 2Q24 Earnings - SVV reported sales of $386.7 million, missing consensus expectations of $391.1 million, with same-store sales growth declining from 0.3% in 1Q24 to -0.1% in 2Q24 [4] - Gross margin was reported at 57.9%, below the expected 59.1%, leading to an adjusted EBITDA margin of 20.7%, also below the consensus of 21.4% [4] - Management has lowered FY24 guidance for adjusted EBITDA to $290 to $310 million, down from $330 to $340 million, with expected sales revised to $1.53 to $1.56 billion [4] US Market Outlook - US same-store sales growth remains strong, with a favorable macro environment driving consumer behavior towards value purchases [5][6] - The loyalty program is experiencing double-digit growth, particularly among younger and higher-income customers, indicating a positive trend for SVV [7] Canada Market Outlook - Canada operations are facing significant headwinds, with deteriorating same-store sales growth and negative consumer demand trends [9] - High interest rates in Canada are expected to pressure household income, particularly as many mortgages are up for refinancing at higher rates [10] Valuation - SVV's valuation is likely to remain depressed due to concerns over Canadian performance, despite a strong outlook in the US [11] - Competitors like Ross Stores and Ollie's Bargain Outlet are seen as better investment options due to clearer growth prospects [11] Conclusion - The overall performance of SVV is expected to be weak in the near term, primarily due to challenges in Canada, which are likely to outweigh the benefits from the US market [12]

Savers Value Village, Inc. (NYSE:SVV) Q2 2024 Earnings Call August 8, 2024 4:30 PM ET Company Participants Mark Walsh - Chief Executive Officer Jubran Tanious - President and Chief Operating Officer Michael Maher - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Brooke Roach - Goldman Sachs Matthew Boss - JPMorgan Peter Keith - Piper Sandler Michael Lasser - UBS Amy Teske - Baird Operator Good afternoon, and welcome to Savers Value Village’s Conference Call to discuss Financial ...

Savers Value Village (SVV) reported $386.66 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 2%. EPS of $0.14 for the same period compares to $0.22 a year ago. The reported revenue represents a surprise of -1.66% over the Zacks Consensus Estimate of $393.2 million. With the consensus EPS estimate being $0.20, the EPS surprise was -30.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

Savers Value Village (SVV) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30%. A quarter ago, it was expected that this retailer of second-hand merchandise would post earnings of $0.10 per share when it actually produced earnings of $0.08, delivering a surprise of -20%. Over the la ...

Exhibit 99.1 savers value village Savers Value Village, Inc. Reports Second Quarter Financial Results Net sales increased 2.0%, or 2.8% in constant currency 1 Total comparable store sales flat, up 2.1% in the U.S. Opened four new stores, acquired seven and remain on track for 29 new stores in 2024 Bellevue, WA - August 8, 2024 – Savers Value Village, Inc. (NYSE: SVV), (the "Company") today announced financial results for the thirteen weeks ended June 29, 2024 (the "second quarter"). Highlights for the Secon ...

Savers Value Village (SVV) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 8, 2024, might help the stock move higher if these key numbers are better t ...

Financial Data and Key Metrics Changes - In Q1 2024, the company reported sales of $354 million and adjusted EBITDA of $60.3 million, representing growth of 2.5% and 2.1% respectively [116] - Comparable sales in the US grew by 2.3%, while Canada experienced a decline of 2.6% [116] - On a two-year stack basis, aggregate comparable store sales increased by 7.5%, with the US up 7.9% and Canada up 6.4% [117] - The cost of merchandise sold as a percentage of net sales increased by 260 basis points to 44.7%, driven by higher material, labor, benefits, and freight costs [100] Business Line Data and Key Metrics Changes - The company opened 12 stores in 2023 and is on track to open 22 stores in 2024, with 21 leases already signed [118] - Newly opened stores are demonstrating strong unit economics with a targeted return on investment exceeding 20% [118] Market Data and Key Metrics Changes - In Canada, the company is facing more difficult macro conditions compared to the US, impacting sales performance [117] - Shopper satisfaction in Canada is reported at 85%, while in the US it is around 87% [21] Company Strategy and Development Direction - The acquisition of 2 Peaches, a regional thrift store chain in Georgia, is seen as a strategic move to establish a presence in the Southeast, a key growth area [122] - The company plans to convert the remaining stores from the 2 Peaches acquisition to the Savers Value Village model, optimizing supply through centralized processing [124] - Continued investments are being made in centralized processing centers and automated book processing units to support growth [126] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the trajectory in the US, noting positive trends in thrift shopping and loyalty program growth [5] - The company anticipates that the second half of the year will see improved adjusted EBITDA, with expectations of mid to high single-digit percentage growth year-over-year [1] - Management acknowledged macroeconomic pressures in Canada but remains confident in the company's value proposition and market positioning [21][61] Other Important Information - The company ended Q1 with $102 million in cash and cash equivalents, with total borrowings of $765.8 million and a net leverage of 2.1 times [101] - A new CFO, Michael Maher, has been appointed, replacing Jay Stasz [99] Q&A Session Summary Question: Health of the US business and traffic trends - Management reported positive trends in the US, with a 2.3% comparable sales increase and strong performance from new stores [5] Question: Drivers of gross margin contraction - Management noted that Q1 is typically the lowest gross margin quarter, with unexpected large benefit claims and misalignment of production hours contributing to margin contraction [6][7] Question: Historical perspective on the Canadian market - Management highlighted strong brand awareness in Canada and low attrition rates among loyalty members, despite macroeconomic challenges [20] Question: Update on central processing centers and productivity initiatives - The company currently operates five centralized processing centers and plans to open a sixth in California, with positive returns on investment from automated book processing units [25][26] Question: Impact of promotional activities in Canada - Management is testing targeted promotional activities in specific markets rather than a nationwide approach, aiming to drive traffic and revenue [56] Question: On-site donations and GreenDrop initiative - On-site donations are performing well, and the GreenDrop initiative is expected to expand, with plans to open 20 to 25 new locations this year [81][82]

Exhibit 99.1 Savers Value Village, Inc. Reports First Quarter Financial Results and Acquisition of Thrift Store Chain with Seven Locations in Georgia Sales increased 2.5% Comparable store sales increased 0.3% Entering the U.S. Southeast with seven store acquisition Net store growth now targeted at 29 in 2024 with acquisition Bellevue, WA - May 9, 2024 – Savers Value Village, Inc. (NYSE: SVV), (the "Company") today announced financial results for the thirteen weeks ended March 30, 2024 (the "first quarter"). ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ________ Savers Value Village, Inc. ______________ ...

Savers Value Village, Inc. (NYSE:SVV) Q4 2023 Earnings Conference Call March 7, 2024 4:30 PM ET Company Participants Mark Walsh - Chief Executive Officer Jay Stasz - Chief Financial Officer Jubran Tanious - President and Chief Operating Officer Conference Call Participants Matthew Boss - J.P. Morgan Randy Konik - Jefferies Brooke Roach - Goldman Sachs Michael Lasser - UBS Peter Keith - Piper Sandler Anthony Chukumba - Loop Capital Markets Mark Petrie - CIBC Robert Drbul - Guggenheim Mark Altschwager - Rober ...