Savers Value Village Q2 net sales rise on US growth

Savers Value Village

06/08/2026 21:33

Overview
US thrift retailer's fiscal Q2 net sales rose 7.4% on strong US store growth
Adjusted net income and adjusted EBITDA both increased year-over-year for a third straight quarter
Company launched ThriftIQ pricing platform and repurchased 1.2 mln shares in Q2

Outlook
Company raises fiscal 2026 net sales guidance to $1.77 bln–$1.79 bln
Company expects fiscal 2026 comparable store sales growth of 3%–4%
Company plans phased rollout of ThriftIQ platform through first half of 2028

Result Drivers
U.S. STORE GROWTH - Net sales growth was driven by 6.6% comparable store sales growth in the U.S. and contributions from new store openings, including a record-setting grand opening in North Carolina
PRICING PLATFORM - Launch and rollout of ThriftIQ platform helped automate pricing, resulting in higher unit sell-through, larger baskets, and stronger sales yields in pilot stores
MODEST CANADA GROWTH - Canadian comparable store sales rose 0.8%, with the company noting a 0.7% benefit from an earlier Easter

Company press release: ID:nBw3p5fzxa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$0.14
 
Q2 Net Income
 
$21.63 mln
 
Q2 Adjusted EPS
 
$0.14
 
Q2 Operating Expenses
 
$405.97 mln
 
Q2 Operating Income
 
$42.25 mln
 
Q2 Pretax Profit
 
$31.48 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
Wall Street's median 12-month price target for Savers Value Village, Inc. is $14.50, about 33% above its August 5 closing price of $10.90
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)