Savers Value Village Reports 8.9% Net Sales Increase to $403.2 Million

Savers Value Village, Inc. reported a net sales increase of 8.9% for the thirteen weeks ended April 4, 2026, reaching $403.2 million compared to $370.1 million in the same period last year. The growth was driven by a 10.1% rise in retail sales, which amounted to $386.2 million, while wholesale sales decreased by 12.3% to $17.0 million. The company recorded an operating income of $12.5 million, up from $10.4 million in the prior year, although it still faced a net loss of $5.3 million, consistent with the previous year's loss of $4.7 million. The net loss per share remained at $(0.03) for both periods.

In terms of operational metrics, Savers Value Village processed 266 million pounds of secondhand goods during the quarter, a slight increase from 262 million pounds in the prior year. The company opened three new stores, bringing its total to 370 locations across the U.S., Canada, and Australia. The Super Savers Club® loyalty program continues to play a significant role in driving sales, with 6.1 million active members contributing to 72.7% of retail sales in the previous fiscal year. The company also reported a comparable store sales increase of 3.5%, with U.S. stores seeing a 6.4% rise, while Canadian stores experienced a slight decline of 0.6%.

Savers Value Village's operating expenses rose to $390.7 million, up from $359.7 million, primarily due to increased costs in merchandise sold, salaries, and selling, general, and administrative expenses. The cost of merchandise sold as a percentage of net sales decreased marginally to 45.4%, reflecting improved operational efficiency. The company also reported a significant reduction in interest expenses, which fell by 14.5% to $12.7 million, attributed to a decrease in the weighted average interest rate following a refinancing of its debt.

Looking ahead, Savers Value Village remains focused on expanding its store footprint and enhancing its operational capabilities. The company is committed to increasing the proportion of on-site donations and GreenDrop collections, which are expected to improve the quality and cost-effectiveness of its merchandise supply. Despite facing challenges from geopolitical instability and fluctuating consumer spending, the company anticipates continued growth in its retail operations, supported by its strategic initiatives and strong customer engagement through its loyalty programs.