Savers Value Village (SVV) Lags Q3 Earnings and Revenue Estimates

Core Viewpoint - Savers Value Village (SVV) reported quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share, and showing a decline from $0.16 per share a year ago, indicating an earnings surprise of -11.76% [1] Financial Performance - The company posted revenues of $394.8 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.78%, and showing a slight increase from $392.7 million year-over-year [2] - Over the last four quarters, Savers Value has consistently failed to surpass consensus EPS and revenue estimates [2] Stock Performance - Savers Value shares have declined approximately 37.9% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] - The current Zacks Rank for Savers Value is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $397.47 million, and for the current fiscal year, it is $0.51 on revenues of $1.54 billion [7] - The trend of estimate revisions for Savers Value is mixed, which could change following the recent earnings report [6] Industry Context - The Textile - Apparel industry, to which Savers Value belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Comparatively, Lululemon (LULU), another company in the same industry, is expected to report quarterly earnings of $2.73 per share, reflecting a year-over-year increase of 7.9% [9]