Savers Value Village Inc
For the period ended Sep 28, 2024. Filed Nov 8, 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.
Sep 28, 2024 · Filed Nov 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.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
| Thirteen Weeks Ended | Thirty-Nine Weeks Ended | |||
|---|---|---|---|---|
| September 28, 2024 | September 30, 2023 | September 28, 2024 | September 30, 2023 | |
| Net sales | $394,797 | $392,698 | $1,135,632 | $1,117,484 |
| Operating expenses: | ||||
| Cost of merchandise sold, exclusive of depreciation and amortization | 170,776 | 158,252 | 491,566 | 458,950 |
| Salaries, wages and benefits | 74,189 | 116,114 | 248,841 | 276,088 |
| Selling, general and administrative | 83,897 | 82,076 | 245,126 | 232,380 |
| Depreciation and amortization | 17,297 | 15,911 | 52,978 | 45,088 |
| Total operating expenses | 346,159 | 372,353 | 1,038,511 | 1,012,506 |
| Operating income | 48,638 | 20,345 | 97,121 | 104,978 |
| Other (expense) income: | ||||
| Interest expense, net | (15,466) | (18,708) | (47,309) | (70,912) |
| Gain (loss) on foreign currency, net | 2,443 | (195) | 547 | 5,587 |
| Other (expense) income, net | (168) | (45) | 222 | 173 |
| Loss on extinguishment of debt | — | (10,615) | (4,088) | (16,626) |
| Other expense, net | (13,191) | (29,563) | (50,628) | (81,778) |
| Income (loss) before income taxes | 35,447 | (9,218) | 46,493 | 23,200 |
| Income tax expense | 13,766 | 6,394 | 15,567 | 13,957 |
| Net income (loss) | 21,681 | (15,612) | 30,926 | 9,243 |
| Other comprehensive income (loss), net of tax: | ||||
| Foreign currency translation adjustments | 1,390 | (1,508) | (1,184) | (3,456) |
| Cash flow hedges | (2,637) | (1,307) | (5,977) | (2,915) |
| Other comprehensive loss | (1,247) | (2,815) | (7,161) | (6,371) |
| Comprehensive income (loss) | $20,434 | $(18,427) | $23,765 | $2,872 |
| Net income (loss) per share, basic | $0.13 | $(0.10) | $0.19 | $0.06 |
| Net income (loss) per share, diluted | $0.13 | $(0.10) | $0.18 | $0.06 |
| Basic weighted average shares outstanding | 160,856 | 160,247 | 161,301 | 147,885 |
| Diluted weighted average shares outstanding | 165,671 | 160,247 | 167,241 | 153,134 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.