By Kelly Cloonan
Shares of Savers Value Village slid after the company slashed its full-year earnings outlook and swung to a loss in its latest quarter.
The stock fell 15% to $11.30 on Thursday in after-hours trading. Shares are up 29% this year through market close.
The thrift-store operator now expects earnings per share of 10 cents to 13 cents, down from its prior forecast of 29 cents to 36 cents.
It now models sales of $1.67 billion to $1.68 billion, lowering the upper end of its previous range of $1.67 billion to $1.69 billion.
The updated guidance comes after the company swung to a third-quarter loss of $14 million, or 9 cents a share, compared with a profit of $21.7 million, or 13 cents a share, a year earlier. This year's quarter included a $32.6 million pre-tax loss on extinguishment of debt.
Adjusted earnings per share were 14 cents, in line with estimates, according to analysts polled by FactSet.
Revenue rose to $426.9 million compared with $394.8 million a year ago. Analysts expected $427.7 million.
The sales growth was driven by an 11% increase in the U.S. and a 5.1% rise in Canada, the company said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 30, 2025 18:59 ET (22:59 GMT)
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