Savers Value Village reports Q3 profit beat and raises full‑year outlook
Savers Value Village Inc. posted third‑quarter 2026 net income of $23.4 million, or $0.15 per diluted share, and revenue of $463.1 million, both above analysts’ expectations. Comparable‑store sales rose 4.2% and the company opened nine new stores, ending the quarter with 384 locations. Management highlighted faster new‑store profitability, the rollout of its ThriftIQ pricing platform and a patent‑pending Autotagger, and upgraded its fiscal‑2026 guidance for net sales, net income and adjusted EBITDA.
Why it matters
The company now expects fiscal‑2026 net sales of $1.77 billion‑$1.78 billion, net income of $69 million‑$75 million and adjusted EBITDA of $270 million‑$275 million, which could improve earnings per share forecasts for investors. The announced $40 million capital spend on the Autotagger and expected $10 million annual labor savings may enhance margins in coming years.
Key facts
- 1Q3 2026 net income was $23.4 million, a 267.1% increase from a $14 million loss a year earlier. tradingview.com
- 2Diluted EPS for the quarter was $0.15, up from a loss of $0.09 a year earlier. tradingview.com
- 3Revenue (net sales) was $463.08 million, up 8.5% year over year. tradingview.com
- 4Non‑GAAP EPS was $0.16, beating estimates by $0.01. seekingalpha.com
- 5The company opened nine new stores in the quarter, ending with 384 stores. tradingview.com
- 6Management expects fiscal‑2026 net sales of $1.77 billion‑$1.78 billion, net income of $69 million‑$75 million, and adjusted EBITDA of $270 million‑$275 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.