Savers Value Village, Inc.
Ticker(s):
SVV
Country:
Sector & Industry:
Business Overview
Savers Value Village, Inc. sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It 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. The company operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. It serves retail and wholesale customers. The company was formerly known as S-Evergreen Holding LLC and changed its name to Savers Value Village, Inc. in January 2022. Savers Value Village, Inc. was founded in 1954 and is based in Bellevue, Washington.
Contact & Other Information
Number of Employees:
22,700
Website:
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Savers Value Village’s 10-K filing for fiscal year 2024 shows a slight increase in net sales but a decrease in comparable store sales in Canada and a material weakness in internal controls. The company faces risks related to sourcing, labor costs, and economic conditions.