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Savers Value Village Priced, NYSE: SVV

Largest for-profit thrift store operator in the US and Canada.

Industry: Consumer Discretionary

Latest Trade: $19.28 0.00 (0.0%)

First Day Return: +27.3%

Return from IPO: +7.1%

Industry: Consumer Discretionary

We are the largest for-profit thrift operator in the United States and Canada based on number of stores. With over 21,000 team members, we operate a total of 309 stores under the Savers, Value Village, Village des Valeurs, Unique, and 2nd Ave. banners. We are committed to redefining secondhand shopping by providing one-of-a-kind, low-priced merchandise ranging from quality clothing to home goods in an exciting treasure-hunt shopping environment. We purchase secondhand textiles (i.e., clothing, bedding and bath items), shoes, accessories, housewares, books and other goods from our non-profit partners (“NPPs”), either directly from them or via on-site donations (“OSDs”) at Community Donation Centers at our stores. We then process, select, price, merchandise and sell these items in our stores. Items that are not sold to our retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from us. We believe our hyper-local and socially responsible procurement model, industry-leading and innovative operations, differentiated value proposition and deep relationships with our customers distinguish us from other secondhand and value-based retailers.
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IPO Data
IPO File Date 12/22/2021
Offer Price $18.00
Price Range $15.00 - $17.00
Offer Shares (mm) 22.3
Deal Size ($mm) $401
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/28/2023
Offer Price $18.00
Price Range $15.00 - $17.00
Offer Shares (mm) 22.3
Deal Size ($mm) $401
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Jefferies
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Company Data
Headquarters Bellevue, WA, United States
Founded 1954
Employees 22,000
Website www.savers.com

Savers Value Village (SVV) Performance