Savers Value (SVV) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Savers Value Village (SVV) reported revenue of $386.66 million for the quarter ended June 2024, marking a year-over-year increase of 2% but falling short of the Zacks Consensus Estimate of $393.2 million by -1.66% [1] - The earnings per share (EPS) for the same period was $0.14, down from $0.22 a year ago, representing a -30.00% surprise compared to the consensus estimate of $0.20 [1] Financial Performance Metrics - Comparable Store Sales Growth - Total: -0.1%, below the average estimate of 0.6% from three analysts [3] - Comparable Store Sales Growth - United States: 2.1%, matching the three-analyst average estimate of 2.1% [4] - Comparable Store Sales Growth - Canada: -3.1%, worse than the three-analyst average estimate of -1.7% [5] Store Count and Revenue Breakdown - Number of Stores - United States: 165, consistent with the average estimate from two analysts [6] - Number of Stores - Canada: 159, in line with the average estimate from two analysts [7] - Total Number of Stores: 337, matching the average estimate from two analysts [8] - U.S. Retail Revenue: $207.07 million, exceeding the average estimate of $205.44 million from two analysts [9] - Other Revenue: $29.76 million, slightly below the average estimate of $30.30 million from two analysts [10] - Canada Retail Revenue: $149.84 million, falling short of the average estimate of $153.51 million from two analysts [11] Stock Performance - Shares of Savers Value have declined by -15.1% over the past month, compared to a -6.5% change in the Zacks S&P 500 composite [12] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [12]