Skip to main content

Savers Value Village Inc

For the period ended Dec 28, 2024. Filed Feb 21, 2025.

View on SEC.gov

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.

FY2024 · Filed Feb 21, 2025

SVV$10.61+7.8%Stored close · as of Nov 9, 2026

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

See the whole filing, with its images and exhibits
Contents

Item 2. Properties

All properties, including retail stores, offsite processing facilities, wholesale warehouses, logistics warehouses and corporate offices, are occupied under operating leases. In addition to retail stores, at December 28, 2024, the Company had:

Offsite processing facilities supplying more than one location comprised of six Centralized Processing Centers, three of which serve U.S. Retail (one of which is not yet in full operation) and three of which serve Canada Retail, and eight warehouses, two of which serve U.S. Retail (one of which began operations after December 28, 2024), four of which serve Canada Retail (one of which began operations after December 28, 2024) and two of which serve Australia Retail;

Wholesale warehouses (two in the U.S. and one in Canada) used to process, package and distribute goods to our wholesale customers;

Logistics warehouses (all serving U.S. Retail); and

Corporate offices in Bellevue, WA and Meridian, ID.

The following table presents a split of the Company’s total leased square feet by property type:

(in thousands)Leased Square Feet
Retail stores9,514
Offsite processing facilities473
Wholesale warehouses245
Logistics warehouses230
Corporate offices26
Total10,488

As of December 28, 2024, our total consolidated selling square feet was 7.1 million. As of December 28, 2024, we operated 351 retail stores in the U.S., Canada and Australia. For more information regarding our (i) segments, see Note 11. Segments, and (ii) leases, see Note 2. Summary of Significant Accounting Policies and Note 9. Leases, of the Notes to Consolidated Financial Statements included in “Part II, Item 8. Financial Statements and Supplementary Data.”

As of December 28, 2024, we had 172 U.S. retail stores located in 30 states, as set forth below:

Alaska4Massachusetts14Ohio3
Arkansas1Maryland12Oregon1
Arizona7Minnesota10Pennsylvania5
California18Missouri4Rhode Island4
Connecticut4North Dakota1South Dakota1
Georgia7New Hampshire4Texas3
Hawaii2New Jersey5Utah8
Idaho2New Mexico5Virginia5
Illinois9Nevada6Washington15
Kansas3New York8Wisconsin1

As of December 28, 2024, we operated 165 Canada retail stores located in 10 provinces, as set forth below:

Alberta21
British Columbia24
Manitoba6
New Brunswick3
Newfoundland1
Nova Scotia7
Ontario76
Prince Edward Island1
Quebec21
Saskatchewan5

As of December 28, 2024, we operated 14 retail stores in Australia, with 9 located in Victoria, 3 located in South Australia and 2 in New South Wales.

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.