Savers Value Village reports Q4 adjusted EPS 15c, consensus 17c

Reports Q4 revenue $382.8M, consensus $383.03M. Comparable store sales increased 2.6%, with the U.S. and Canada up 3.1% and 2.0%, respectively. Mark Walsh, Chief Executive Officer, commented, “We finished the year on a strong note and are pleased with the underlying performance and resiliency of our business. We believe our results, once again, demonstrate the power of our vertically integrated model – which allows us to align our processing levels with demand trends to generate strong profitability and cash flow. Despite some weather impact early in the fourth quarter, we delivered better than expected adjusted EBITDA of more than $83 million in the fourth quarter and $322 million in 2023.”