Savers Value: Q4 Financial Results Overview
Savers Value Village Inc. Announces Fourth Quarter Financial Results
Savers Value Village Inc., headquartered in Bellevue, Washington, reported a net profit of $22.4 million for the fourth quarter.
The company’s earnings translated to $0.14 per share, while adjusted earnings, which exclude certain one-time items, came in at $0.15 per share.
These results fell short of analysts’ expectations, as a consensus of four analysts polled by Zacks Investment Research had anticipated earnings of $0.16 per share.
During the quarter, the second-hand goods retailer generated $464.7 million in revenue, aligning with analyst projections.
Looking ahead, Savers Value Village forecasts its full-year earnings to be between $0.45 and $0.53 per share, with projected revenue ranging from $1.76 billion to $1.79 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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