Core Insights - Savers Value Village (SVV) reported revenue of $394.8 million for the quarter ended September 2024, reflecting a 0.5% increase year-over-year, but fell short of the Zacks Consensus Estimate of $401.94 million by 1.78% [1] - The company's EPS was $0.15, down from $0.16 in the same quarter last year, resulting in an EPS surprise of -11.76% against the consensus estimate of $0.17 [1] Financial Performance Metrics - Comparable Store Sales Growth - Total: -2.4%, compared to the three-analyst average estimate of -1% [3] - Comparable Store Sales Growth - United States: 1.6%, below the 2.6% average estimate [3] - Comparable Store Sales Growth - Canada: -7.5%, worse than the -4.5% estimated by analysts [3] - Number of Stores - United States: 167, slightly below the two-analyst average estimate of 169 [3] - Number of Stores - Canada: 164, in line with the average estimate of 163 [3] - U.S. Retail Revenue: $212.47 million, below the $215.45 million estimate, but a 6.2% increase year-over-year [3] - Other Revenue: $30.44 million, exceeding the $29.70 million estimate, with a year-over-year change of 4.8% [3] - Canada Retail Revenue: $151.89 million, below the $157.26 million estimate, representing a 7.1% decline year-over-year [3] Stock Performance - Shares of Savers Value have returned +8.1% over the past month, outperforming the Zacks S&P 500 composite's +3.2% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]
Savers Value (SVV) Reports Q3 Earnings: What Key Metrics Have to Say