Company: SVV
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001883313-25-000026
Chunk: 61

Company: Savers Value Village, Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 61
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 to similarly titled measures used by other entities. These measures should not be considered as alternatives to our GAAP measures of operating income, net loss or cash flows from operating activities as an indicator of the Company’s performance or as a measure of its liquidity.

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Our segment results are presented in the tables below. In each table, “Other profit” is attributable to the Australia Retail and Wholesale operating segments which have been combined.Thirteen Weeks Ended March 29, 2025(in thousands)U.S. RetailCanada RetailTotalSegment sales$210,765 $128,635 $339,400 Segment expenses:Cost of merchandise sold, exclusive of depreciation and amortization97,833 56,118 153,951 Salaries, wages and benefits31,744 17,369 49,113 Selling, general and administrative42,190 29,832 72,022 Total segment expenses171,767 103,319 275,086 Segment profit$38,998 $25,316 64,314 Reconciliation of profitOther profit8,690 General corporate expenses43,243 Depreciation and amortization19,358 Operating income10,403 Interest expense, net14,814 Gain on foreign currency, net(1,631)Other expense, net166 Loss on extinguishment of debt2,718 Loss before income taxes$(5,664)Thirteen Weeks Ended March 30, 2024(in thousands)U.S. RetailCanada RetailTotalSegment sales$192,580 $134,119 $326,699 Segment expenses:Cost of merchandise sold, exclusive of depreciation and amortization88,072 57,829 145,901 Salaries, wages and benefits28,028 16,028 44,056 Selling, general and administrative35,859 25,549 61,408 Total segment expenses151,959 99,406 251,365 Segment profit$40,621 $34,713 75,334 Reconciliation of profitOther profit8,656 General corporate expenses49,422 Depreciation and amortization18,301 Operating income16,267 Interest expense, net16,076 Loss on foreign currency, net956 Other expense, net106 Loss on extinguishment of debt4,088 Loss before income taxes$(4,959)

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Note 8. Net