Savers Value Village Raises 2026 Outlook After Strong US Sales Growth

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Savers Value Village raised the low end of its full-year 2026 guidance following second-quarter results that showed total net sales rising 7.4% to $448 million and comparable store sales increasing 4.4%. US net sales grew 11.6% to $255 million with comps up 6.6%, while Canada net sales rose 2.2% to $158 million with comps up 0.8%. Adjusted EBITDA increased 8% to $75 million, and GAAP net income was $22 million, or $0.14 per diluted share. The company now expects full-year net sales of $1.77 billion to $1.79 billion, comp sales growth of 3% to 4%, and adjusted EBITDA of $265 million to $275 million. The improved outlook reflects strong first-half performance and continued adjusted EBITDA growth expectations for the second half, supported by the ThriftIQ platform driving higher gross profit in pilot stores and new store profitability ramping ahead of expectations.

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Consumer Discretionary▲ · 1 stocks