Savers Value Village reports Q2 adjusted EPS 22c, consensus 17c

Reports Q2 revenue $379.1M, consensus $375.11M. Comparable store sales increased 5.5%, with U.S. and Canada up 5.6% and 5.5%, respectively. Mark Walsh, Chief Executive Officer, commented, “We are pleased with our strong second quarter results, which exceeded our expectations both on the top and bottom lines. At a time when consumers are seeking value and thinking more about sustainability, the popularity of thrifting continues to grow. We continue to leverage our proven business model and execute against our strategic initiatives to enhance our competitive position and drive profitable growth.”