Savers Value Village Gains 11% on Increase in 4Q Comparable Sales

Dow Jones
2025/01/11
 

By Josh Beckerman

 

Savers Value Village shares were higher after the thrift-store chain reported a preliminary fourth-quarter sales increase of 5% to $402 million.

The stock was recently up 11%, to $10.38, on Friday but is down about 40% over the last 52 weeks.

Savers said comparable store sales rose 1.6%, with the U.S. up 4.7% and Canada down 2.5%.

The company reaffirmed fiscal 2024 guidance for adjusted earnings before interest, taxes, depreciation and amortization of about $290 million to $300 million.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

January 10, 2025 15:16 ET (20:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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