Savers Value Village Q2 net sales rise on US growth
SVV•Outlook and analyst coverage
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Company raises fiscal 2026 net sales guidance to $1.77 bln–$1.79 bln
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Company expects fiscal 2026 comparable store sales growth of 3%–4%
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Company plans phased rollout of ThriftIQ platform through first half of 2028
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The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
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The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
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Wall Street's median 12-month price target for Savers Value Village, Inc. is $14.50, about 33% above its August 5 closing price of $10.90
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The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago
Quarterly results and growth drivers
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US thrift retailer's fiscal Q2 net sales rose 7.4% on strong US store growth
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Adjusted net income and adjusted EBITDA both increased year-over-year for a third straight quarter
