Shares of Savers Value Village, Inc. (SVV) tumbled 14.81% in after-hours trading on Thursday following the release of its third-quarter earnings report and a significant cut to its full-year earnings forecast. The thrift store operator reported a net loss and a substantial charge related to debt extinguishment, overshadowing its sales growth.

For the quarter ended September 27, 2025, Savers Value Village reported a net loss of $14.0 million, or $0.09 per diluted share, compared to a profit of $21.7 million, or $0.13 per share, in the same period last year. This loss included a substantial $32.6 million pre-tax charge for the extinguishment of debt. Despite the negative bottom line, the company's total net sales increased by 8.1% to $426.9 million, slightly missing analyst expectations of $427.3 million. Comparable store sales showed positive momentum, rising by 5.8% overall, with a 7.1% increase in the United States and a 3.9% uptick in Canada.

In a move that further unsettled investors, Savers Value Village significantly lowered its full-year earnings outlook. The company now expects earnings per share of 10 cents to 13 cents, down sharply from its prior forecast of 29 cents to 36 cents. The sales forecast was also trimmed, with the company now projecting net sales between $1.67 billion and $1.68 billion, lowering the upper end of its previous range. The market's sharp reaction reflects concerns about the company's profitability and debt management, despite its continued sales growth. The combination of the quarterly loss, lowered guidance, and the impact of the debt extinguishment charge appears to have overshadowed the otherwise positive sales performance, leading to the significant after-hours stock decline.