Savers Value Village, Inc. (NYSE:SVV) reported second-quarter 2026 results that were broadly in line with Wall Street expectations, while raising its comparable store sales outlook for the full year. The thrift retailer also highlighted continued momentum in profitability and new store performance.
Shares were little changed in premarket trading following the earnings announcement.
Revenue and Earnings Match Forecasts
The company reported adjusted earnings of $0.14 per share for the quarter ended 4 July, matching analysts’ consensus estimate.
Revenue increased 7.4% year over year to $448.2 million, also in line with market expectations. The result compared with revenue of $417.2 million in the same quarter of 2025.
Growth was supported by a 6.6% increase in comparable store sales in the United States, alongside contributions from newly opened locations.
Company Updates Full-Year Guidance
Savers Value Village reaffirmed confidence in its outlook by updating its fiscal 2026 guidance.
Management expects revenue to range between $1.77 billion and $1.79 billion, with the midpoint of $1.78 billion broadly matching analyst forecasts.
The company also forecast adjusted earnings per share of between $0.47 and $0.53, with the midpoint of $0.50 slightly above the consensus estimate of $0.48.
In addition, Savers Value Village increased its comparable store sales growth outlook to between 3.0% and 4.0%, compared with its previous forecast of 2.5% to 4.0%.
Store Expansion and Profitability Continue to Improve
Adjusted EBITDA increased to $74.5 million, marking the third consecutive quarter of year-over-year growth. The adjusted EBITDA margin stood at 16.6%.
During the quarter, the company opened six new stores, taking its total store count to 375 locations. Management noted that its first store in North Carolina delivered a record-breaking grand opening.
Chief Executive Officer Mark Walsh said, “I am delighted with our second quarter results, which marks the third consecutive quarter of year-over-year adjusted EBITDA growth, continued momentum in our U.S. comparable store sales, and new store performance that is ahead of our expectations.”
ThriftIQ Platform Shows Early Success
The company also announced the rollout of ThriftIQ, its proprietary pricing platform developed in partnership with Kaizen Analytix.
According to management, pilot stores using the platform have delivered higher unit sell-through rates and gross profit dollar growth that is approximately 100 basis points above locations not yet using the system.
Savers Value Village stock price
