Savers Value Village (NYSE:SVV) Releases FY 2024 Earnings Guidance

Savers Value Village (NYSE:SVV) updated its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.740-0.780 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.

Savers Value Village Trading Up 5.6 %

Shares of NYSE:SVV traded up $0.91 during trading on Thursday, reaching $17.15. 741,066 shares of the company traded hands, compared to its average volume of 635,713. Savers Value Village has a 52 week low of $10.16 and a 52 week high of $26.88. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.93 and a current ratio of 1.07. The company’s 50 day moving average is $18.07 and its two-hundred day moving average is $17.13.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.06). Savers Value Village had a return on equity of 14.98% and a net margin of 3.54%. The firm had revenue of $382.77 million for the quarter, compared to the consensus estimate of $383.07 million. As a group, equities research analysts predict that Savers Value Village will post 0.55 EPS for the current year.

Insider Activity at Savers Value Village

In other Savers Value Village news, CEO Mark T. Walsh sold 4,512 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $18.05, for a total value of $81,441.60. The sale was disclosed in a filing with the SEC, which is available at this link. In other Savers Value Village news, CEO Mark T. Walsh sold 4,512 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $18.05, for a total transaction of $81,441.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Richard A. Medway sold 2,850 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $19.13, for a total transaction of $54,520.50. The disclosure for this sale can be found here. Insiders have sold 65,855 shares of company stock valued at $1,238,650 over the last three months.

Savers Value Village Company Profile

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.