Savers Value Village Inc

For the period ended Dec 30, 2023. Filed Mar 8, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 8, 2024

SVV$10.07-5.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations and Comprehensive Income

	Fiscal Year
	2023	2022	2021
Net sales	$1,500,249	$1,437,229	$1,204,124
Operating expenses:
Cost of merchandise sold, exclusive of depreciation and amortization	619,671	599,926	474,462
Salaries, wages and benefits	366,189	273,587	239,806
Selling, general and administrative	311,388	301,737	260,235
Depreciation and amortization	61,144	55,753	47,385
Total operating expenses	1,358,392	1,231,003	1,021,888
Operating income	141,857	206,226	182,236
Other (expense) income:
Interest expense, net	(88,500)	(64,744)	(53,565)
Gain (loss) on foreign currency, net	6,660	(20,737)	1,583
Other income (expense), net	3,688	4,576	(4,848)
Loss on extinguishment of debt	(16,626)	(1,023)	(47,541)
Other expense, net	(94,778)	(81,928)	(104,371)
Income before income taxes	47,079	124,298	77,865
Income tax (benefit) expense	(6,036)	39,578	(5,529)
Net income	53,115	84,720	83,394
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(995)	6,514	(161)
Cash flow hedges	(7,969)	18,473	2,542
Other comprehensive (loss) income	(8,964)	24,987	2,381
Comprehensive income	$44,151	$109,707	$85,775
Net income per share, basic	$0.35	$0.60	$0.59
Net income per share, diluted	$0.34	$0.58	$0.57
Basic weighted average shares outstanding	151,027	141,561	141,545
Diluted weighted average shares outstanding	156,156	146,049	145,391

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.