0001883313-26-000014
SEC filingSavers Value Village, Inc. (SVV) reported fiscal year 2025 results with net sales of $1.68 billion. The company generated operating income of $124.1 million and net income of $22.6 million. Comprehensive income for the period was $21.8 million. Key profitability drivers included a gross profit of $929.1 million (calculated from net sales of $1.68B minus cost of merchandise sold of $750.9M), resulting in a gross margin of 55.3%. Operating margin was 7.4%. The company generated strong operating cash flow of $167.3 million, though free cash flow was $48.8 million after accounting for capital expenditures of $118.6 million. The balance sheet shows total assets of $2.01 billion with significant lease assets of $634.0 million and goodwill of $677.9 million. Total liabilities were $1.58 billion, including long-term debt of $708.2 million and lease liabilities totaling $665.6 million. Stockholders' equity stood at $435.6 million with an accumulated deficit of -$273.2 million. The company repurchased $45.2 million of common stock during the period.
Savers Value Village, Inc. reported fiscal year 2025 financial results for the period ending January 3, 2026. The company achieved net sales of $1.68 billion with total operating expenses of $1.55 billion, resulting in operating income of $124.1 million. After accounting for other expenses including interest expense of $62.0 million, loss on foreign currency of $11.0 million, and loss on extinguishment of debt of $35.7 million, income before taxes was $37.2 million. Income tax expense of $14.6 million resulted in net income of $22.6 million. Comprehensive income was $21.8 million after including other comprehensive loss of $839,000. The company reported basic and diluted net income per share of $0, with basic weighted average shares outstanding of 156.6 million and diluted weighted average shares of 162.8 million.
The company reported net sales of $1.68 billion for fiscal year 2025. The document does not provide segment breakdown, geographic mix, or specific growth drivers beyond the aggregate revenue figure. Cost of merchandise sold, exclusive of depreciation and amortization, was $750.9 million, representing the primary cost component of revenue generation. Other operating expenses included salaries, wages and benefits of $349.0 million, selling, general and administrative expenses of $374.5 million, and depreciation and amortization of $80.5 million.
Gross profit was $929.1 million (calculated as net sales of $1.68B minus cost of merchandise sold of $750.9M), resulting in a gross margin of 55.3%. Operating margin was 7.4% based on operating income of $124.1 million divided by net sales of $1.68 billion. The company's cost structure shows merchandise costs representing 44.7% of revenue, while personnel costs (salaries, wages and benefits) accounted for 20.8% of revenue. Selling, general and administrative expenses represented 22.3% of revenue. Depreciation and amortization expenses were 4.8% of revenue.
The company generated $167.3 million in operating cash flow, significantly higher than net income of $22.6 million, with major adjustments including stock-based compensation of $38.6 million, depreciation and amortization of $80.5 million, and operating lease expense of $147.7 million. Investing activities used $118.5 million primarily for purchases of property and equipment of $118.6 million. Financing activities used $116.0 million including principal payments on long-term debt of $781.3 million, repurchase of common stock of $45.2 million, and payment of debt issuance costs of $10.8 million. Free cash flow was $48.8 million (operating cash flow of $167.3M minus capital expenditures of $118.6M). The balance sheet shows total assets of $2.01 billion including cash and equivalents of $85.9 million, property and equipment net of $339.0 million, right-of-use lease assets of $634.0 million, goodwill of $677.9 million, and intangible assets net of $153.6 million. Total liabilities were $1.58 billion including current liabilities of $244.0 million, long-term debt net of $708.2 million, and lease liabilities of $665.6 million ($89.6M current + $576.0M non-current). Stockholders' equity was $435.6 million with accumulated deficit of -$273.2 million.
The document does not provide management guidance, strategic priorities, or specific risk factors beyond the financial statements presented. The filing includes standard financial statement disclosures but does not contain forward-looking statements or outlook commentary in the provided content.