10-K · February 20, 2026
Savers Value Village positions itself as the largest for‑profit thrift operator in the U.S. and Canada (367 stores) and emphasizes growth via disciplined store expansion, offsite processing and technology (6 CPCs, 19…
Earnings analysis · 10-Q
SVV earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Savers Value Village, Inc. reported strong Q1 2026 results, with total revenue of $403.2 million, a significant increase of 8.9% from the prior year. The company also achieved an adjusted EPS of $0.02, surpassing…
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Savers Value Village, Inc. reported strong Q1 2026 results, with total revenue of $403.2 million, a significant increase of 8.9% from the prior year. The company also achieved an adjusted EPS of $0.02, surpassing analyst expectations. Segment performance was driven predominantly by a robust 11.2% revenue growth in the U.S., although Canadian results were impacted by an earlier Easter holiday. Management anticipates continued positive performance, supporting guidance for Q2.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.02
What stood out
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Solid Revenue Growth
Total revenue rose to $403.2 million, up 8.9% from $370.1 million in Q1 2025.
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EPS Outperforming Expectations
Adjusted EPS for the quarter was $0.02, exceeding the consensus estimate of $0.01.
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U.S. Segment Strong Performance
U.S. retail sales increased 11.2% to $234.3 million, driven by a 6.4% rise in comparable store sales.
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Optimized Gross Margin
Gross margin improved slightly to 56.7% from 54.5% in Q1 2025.
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Positive Operating Cash Flow
Net cash provided by operating activities increased significantly to $18.2 million from $0.4 million in the prior year.
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Share Repurchase Program Continues
1.2 million shares were repurchased at an average price of $8.51, with $31.2 million remaining in the authorization.
What to watch
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Increased Interest Expenses
Interest expense increased to $12.7 million from $14.8 million, and rising rates could pressure margins.
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Canadian Store Sales Decline
Canada retail comparable store sales fell by 0.6%, primarily due to an earlier Easter affecting traffic.
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Geopolitical Tensions Impact
The company may face increased transportation costs and consumer spending shifts due to geopolitical instability.
Management's outlook
Management expects Q2 2026 revenue between $410 million to $430 million and EPS between $0.03 to $0.05.
Earlier filings 4
10-Q · July 31, 2025
Savers Value Village reported quarterly net sales of $417,208,000 (Q2 ended June 28, 2025), up $30,545,000 (+7.9%) versus the year‑ago quarter, with diluted EPS of $0.12 (vs $0.06 a year ago). Gross margin held at…
10-K · February 21, 2025
Savers Value Village (SVV) positions itself as the largest for‑profit thrift operator in the U.S. and Canada with a scale‑driven, locally sourced supply model and investments in offsite processing and automation to…
10-K · March 8, 2024
Savers Value Village positions itself as the largest for‑profit thrift operator in the U.S. and Canada with 326 stores and >22,000 team members, built on a vertically integrated model of supply & processing, retail and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.