Savers Value Village, Inc. (SVV) said, on an unaudited preliminary basis, the company expects fourth quarter net sales of approximately $382.8 million, representing growth of 4.4% compared to the prior year period. Constant currency net sales are projected to increase approximately 4.5% on a year-over-year basis. Comparable store sales are projected to increase approximately 2.6%.
Savers Value Village expects fiscal 2023 net sales of approximately $1.50 billion, representing growth of approximately 4.4% compared to the prior year. Constant currency net sales are expected to increase approximately 6.0%. Comparable store sales are expected to increase approximately 4.7%.
Based on the preliminary net sales results, the company remains comfortable with its previously provided fiscal 2023 adjusted EBITDA outlook of approximately $320 million.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.