Company: SVV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001883313-25-000101
Chunk: 37

Company: Savers Value Village, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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1.1 million for the Canada Retail segment.Segment profit may not be comparable 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) income or cash flows from operating activities as an indicator of the Company’s performance or as a measure of its liquidity.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.

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Thirteen Weeks Ended September 27, 2025(in thousands)U.S. RetailCanada RetailTotalSegment sales$234,712 $159,608 $394,320 Segment expenses:Cost of merchandise sold, exclusive of depreciation and amortization109,038 64,379 173,417 Salaries, wages and benefits32,459 18,095 50,554 Selling, general and administrative45,259 31,798 77,057 Total segment expenses186,756 114,272 301,028 Segment profit$47,956 $45,336 93,292 Reconciliation of profitOther profit8,650 General corporate expenses47,281 Depreciation and amortization18,320 Operating income36,341 Interest expense, net17,276 Loss on foreign currency, net3,839 Loss on extinguishment of debt32,621 Other income, net(66)Loss before income taxes$(17,329)Thirteen Weeks Ended September 28, 2024(in thousands)U.S. RetailCanada RetailTotalSegment sales$212,470 $151,886 $364,356 Segment expenses:Cost of merchandise sold, exclusive of depreciation and amortization96,961 59,707 156,668 Salaries, wages and benefits29,372 17,798 47,170 Selling, general and administrative41,345 29,401 70,746 Total segment expenses167,678 106,906 274,584 Segment profit$44,792 $44,980 89,772 Reconciliation of profitOther profit9,257 General corporate expenses33,094 Depreciation and amortization17,297 Operating income48,638 Interest expense, net15,466 Gain on foreign currency, net(2,443)Other expense, net168 Income before income taxes$35,447 

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