Savers Value Village (SVV) 28th Annual ICR Conference 2026 summary

Fourth quarter performance and strategic momentum

• Achieved $465 million in sales, a 15.6% increase year-over-year, with 5.4% enterprise comp and 8.8% U.S. comp growth.

• Opened 10 new stores in the quarter, totaling 26 for the year, and repaid $20 million in debt while repurchasing 1.1 million shares.

• Reaffirmed earnings guidance and highlighted secular adoption of thrift, with cost of living pressures aiding growth.

• Customer base is getting younger and more affluent, supporting long-term growth.

• New store trajectory is strong, with positive adjusted EBITDA contribution expected in 2026.

Business model, market position, and growth drivers

• Operates 367 stores across three countries, with significant U.S. expansion opportunity.

• Over 6 million active loyalty members and $1.7 billion in sales; $249 million LTM adjusted EBITDA.

• Paid $490 million to nonprofit partners and kept 3.2 billion lbs of goods out of landfills in five years.

• Delivers exceptional value with ~$5 average unit retail and mid-teens EBITDA margins.

• 40% of U.S. loyalty customers are under 45; 45% have household income over $100,000.

Store expansion and profitability outlook

• Opened 26 new stores in 2025, targeting 25 in 2026, with 85%-90% of new stores in the U.S.

• Entering new markets in North Carolina and Tennessee; new store cohorts performing in line with expectations.

• 2026 marks a profitability inflection point as new stores begin contributing to EBITDA growth.

• U.S. is the primary growth engine, while Canada provides strong cash flow.

• 76% of donations come directly from donors, with donation growth outpacing retail comps.