Company: SVV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001883313-25-000101
Chunk: 144

Company: Savers Value Village, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 144
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2025:

U.S.CanadaAustraliaTotalSeptember 28, 202416716413344New stores128525Closures(3)(2)0(5)September 27, 202517617018364

28

Results of Operations

The following table sets forth our results of operations for each of the periods presented:

Thirteen Weeks EndedThirty-Nine Weeks EndedSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024(in thousands)Amount% of SalesAmount% of SalesAmount% of SalesAmount% of SalesNet sales$426,935 100.0 %$394,797 100.0 %$1,214,288 100.0 %$1,135,632 100.0 %Operating expenses:Cost of merchandise sold, exclusive of depreciation and amortization188,240 44.1 170,776 43.3 543,621 44.8 491,566 43.3 Salaries, wages and benefits84,520 19.8 74,189 18.8 256,315 21.1 248,841 21.9 Selling, general and administrative99,514 23.3 83,897 21.3 275,005 22.6 245,126 21.6 Depreciation and amortization18,320 4.3 17,297 4.3 58,582 4.8 52,978 4.6 Total operating expenses390,594 91.5 346,159 87.7 1,133,523 93.3 1,038,511 91.4 Operating income36,341 8.5 48,638 12.3 80,765 6.7 97,121 8.6 Other expense (income):Interest expense, net17,276 4.0 15,466 3.9 48,075 4.0 47,309 4.2 Loss (gain) on foreign currency, net3,839 0.9 (2,443)(0.6)(6,403)(0.5)(547)— Loss on extinguishment of debt32,621 7.7 — — 35,339 2.9 4,088 0.