Company: SVV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001883313-25-000101
Chunk: 39

Company: Savers Value Village, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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Thirty-Nine Weeks Ended(in thousands, except per share data)September 27, 2025September 28, 2024September 27, 2025September 28, 2024NumeratorNet (loss) income$(14,003)$21,681 $191 $30,926 DenominatorBasic weighted average shares outstanding155,770160,856156,939161,301Dilutive effect of employee stock options and awards—4,8156,2855,940Diluted weighted average shares outstanding (1)155,770165,671163,224167,241Net (loss) income per share (2)Basic$(0.09)$0.13 $0.00 $0.19 Diluted$(0.09)$0.13 $0.00 $0.18 (1)For the thirteen and thirty-nine weeks ended September 27, 2025, the calculation of diluted net (loss) income per share excludes the effect of 12.5 million and 6.8 million, respectively, of potential shares of common stock relating to awards of stock options and restricted stock units that, if exercised or vested, would have been antidilutive. For the thirteen and thirty-nine weeks ended September 28, 2024, the calculation of diluted net income per share excludes the effect of 3.9 million and 2.9 million, respectively, of potential shares of common stock relating to awards of stock options and restricted stock units that, if exercised or vested, would have been antidilutive. (2)Due to the differences between quarterly and year-to-date weighted average share counts and the effect of quarterly rounding to the nearest cent per share, the year-to-date calculation of net (loss) income per share may not equal the sum of the quarters.

Note 9. Share Repurchases

Concurrent share repurchaseAs part of the Offering, the Company purchased from the underwriters approximately 2.3 million shares of common stock at a price per share of $8.86 and a total cost of approximately $20.0 million, excluding excise tax. The Company funded the Concurrent Share Repurchase from its existing cash on hand and it was not part of its share repurchase program authorized in November 2023.2023 Share Repurchase ProgramIn November 2023, the Company authorized a share repurchase program of up to $50 million of the Company’s common stock (