Savers Value Village, Inc. (NYSE: SVV) reported strong net sales for the fourth quarter and fiscal year 2025 with significant growth in both the U.S. and Canada markets.
The Company's results included the benefit of an additional week in the fiscal year.
Mark Walsh, the CEO, highlighted the impressive comparable store sales growth and the positive outlook for fiscal 2025.
Total Company Net Sales Growth
Total Company net sales increased 15.6% to $464.7 million for the fourth quarter and 9.2% to $1.68 billion for fiscal 2025.
U.S. Market Performance
Net sales in the U.S. increased 20.6% for the fourth quarter and 12.9% for fiscal 2025.
Canada Market Performance
Net sales in Canada grew by 9.1% for the fourth quarter and 3.6% for fiscal 2025.
CEO's Comments
Mark Walsh expressed satisfaction with the 5.4% fourth quarter comparable store sales and reaffirmed the Company's fiscal 2025 outlook.
- The strong net sales growth indicates the Company's successful positioning in the thrift market.
- Positive market performance in both the U.S. and Canada reflects consumer resonance with the Company's value proposition.
Savers Value Village, Inc. demonstrates strong financial performance and market resonance through its robust net sales growth and market expansion initiatives. The Company's outlook for fiscal 2025 reflects confidence in its future growth trajectory.