Savers Value Village Inc
For the period ended Jun 29, 2024. Filed Aug 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 9, 2024
SVV$10.61+7.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| June 29, 2024 | December 30, 2023 | |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $160,651 | $179,955 |
| Trade receivables, net | 13,674 | 11,767 |
| Inventories | 37,549 | 32,820 |
| Prepaid expenses and other current assets | 38,325 | 25,691 |
| Derivative assets – current | 52 | 7,691 |
| Total current assets | 250,251 | 257,924 |
| Property and equipment, net | 251,719 | 229,405 |
| Right-of-use lease assets | 539,624 | 499,375 |
| Goodwill | 678,895 | 687,368 |
| Intangible assets, net | 165,045 | 166,681 |
| Other assets | 3,876 | 3,133 |
| Derivative assets – non-current | — | 23,519 |
| Total assets | $1,889,410 | $1,867,405 |
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $106,092 | $92,550 |
| Accrued payroll and related taxes | 50,150 | 65,096 |
| Lease liabilities – current | 80,899 | 79,306 |
| Current portion of long-term debt | 6,000 | 4,500 |
| Total current liabilities | 243,141 | 241,452 |
| Long-term debt, net | 735,593 | 784,593 |
| Lease liabilities – non-current | 460,038 | 419,407 |
| Deferred tax liabilities, net | 7,314 | 27,909 |
| Other liabilities | 23,869 | 17,989 |
| Total liabilities | 1,469,955 | 1,491,350 |
| Commitments and contingencies (see Note 12) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.000001 par value, 100,000 shares authorized; zero shares issued and outstanding | — | — |
| Common stock, $0.000001 par value, 800,000 shares authorized; 161,702 and 160,453 shares issued and outstanding | — | — |
| Additional paid-in capital | 636,494 | 593,109 |
| Accumulated deficit | (241,612) | (247,541) |
| Accumulated other comprehensive income | 24,573 | 30,487 |
| Total stockholders’ equity | 419,455 | 376,055 |
| Total liabilities and stockholders’ equity | $1,889,410 | $1,867,405 |
Condensed Consolidated Statements of Stockholders’ Equity (Deficit)
| Thirteen Weeks Ended | ||||||
|---|---|---|---|---|---|---|
| Common stock · Additionalpaid incapital · Accumulateddeficit · Accumulatedothercomprehensiveincome · Total | ||||||
| Shares · Amount | ||||||
| Balance at March 30, 2024 | 161,728 | $— | $615,196 | $(248,008) | $27,769 | $394,957 |
| Stock-based compensation expense | — | — | 21,650 | — | — | 21,650 |
| Stock issued under stock incentive plans, net | 262 | — | (352) | — | — | (352) |
| Repurchase of common stock under share repurchase program | (288) | — | — | (3,316) | — | (3,316) |
| Comprehensive income (loss) | — | — | — | 9,712 | (3,196) | 6,516 |
| Balance at June 29, 2024 | 161,702 | $— | $636,494 | $(241,612) | $24,573 | $419,455 |
| Balance at April 1, 2023 | 141,735 | $— | $226,899 | $(310,851) | $35,538 | $(48,414) |
| Stock-based compensation expense | — | — | 940 | — | — | 940 |
| Repurchase of common stock prior to IPO | (32) | — | (504) | — | — | (504) |
| Comprehensive income | — | — | — | 35,050 | 357 | 35,407 |
| Balance at July 1, 2023 | 141,703 | $— | $227,335 | $(275,801) | $35,895 | $(12,571) |
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