Company: SVV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001883313-25-000066
Chunk: 17

Company: Savers Value Village, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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Item 1. Condensed Consolidated Financial Statements (Unaudited)

SAVERS VALUE VILLAGE, INC.

Condensed Consolidated Statements of Operations and Comprehensive Income

(All amounts in thousands, except per share amounts, unaudited)

Thirteen Weeks EndedTwenty-Six Weeks EndedJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Net sales$417,208 $386,663 $787,353 $740,835 Operating expenses:Cost of merchandise sold, exclusive of depreciation and amortization186,878 162,626 355,381 320,790 Salaries, wages and benefits86,993 90,955 171,795 174,652 Selling, general and administrative88,412 83,486 175,491 161,229 Depreciation and amortization20,904 17,380 40,262 35,681 Total operating expenses383,187 354,447 742,929 692,352 Operating income34,021 32,216 44,424 48,483 Other expense (income):Interest expense, net15,985 15,767 30,799 31,843 (Gain) loss on foreign currency, net(8,611)940 (10,242)1,896 Other expense (income), net37 (496)203 (390)Loss on extinguishment of debt— — 2,718 4,088 Other expense, net7,411 16,211 23,478 37,437 Income before income taxes26,610 16,005 20,946 11,046 Income tax expense7,693 6,293 6,752 1,801 Net income18,917 9,712 14,194 9,245 Other comprehensive income (loss), net of tax:Foreign currency translation adjustments4,209 (681)4,841 (2,574)Cash flow hedges(1,796)(2,515)(4,432)(3,340)Other comprehensive income (loss)2,413 (3,196)409 (5,914)Comprehensive income$21,330 $6,516 $14,603 $3,331 Net income per share, basic$0.12 $0