3-Jan-2025
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Savers Value Village, Inc. Reports Third Quarter Financial Results
Business Wire (Thu, 7-Nov 4:05 PM ET)
Business Wire (Thu, 24-Oct 7:00 AM ET)
Business Wire (Thu, 10-Oct 2:42 PM ET)
Savers Value Village Inc is a for-profit thrift operator in the United States and Canada. It purchases second hand textiles (i.e., clothing, bedding, and bath items), shoes, accessories, housewares, books and other goods from its non-profit partners ("NPPs"), either directly from them or via on-site donations ("OSDs") at Community Donation Centers at its stores. The company then process, selects, price, merchandise and sell these items in its stores.
Savers Value Village trades on the NYSE stock market under the symbol SVV.
As of January 3, 2025, SVV stock price declined to $10.03 with 323,005 million shares trading.
SVV has a beta of 0.61, meaning it tends to be less sensitive to market movements. SVV has a correlation of 0.02 to the broad based SPY ETF.
SVV has a market cap of $1.60 billion. This is considered a Small Cap stock.
Last quarter Savers Value Village reported $395 million in Revenue and $.15 earnings per share. This fell short of revenue expectation by $-8 million and missed earnings estimates by -$.01.
The top ETF exchange traded funds that SVV belongs to (by Net Assets): VTI, IWM, VB, VXF, IWO.
SVV has underperformed the market in the last year with a price return of -41.3% while the SPY ETF gained +27.8%. SVV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.7% and -2.9%, respectively, while the SPY returned +4.6% and +0.1%, respectively.
SVV support price is $9.92 and resistance is $10.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SVV shares will trade within this expected range on the day.