Savers Value Village Remains Comfortable With Its FY23 Adj. EBITDA Outlook
From RTTNews:
Savers Value Village, Inc. (SVV) expects fourth quarter net sales of approximately $382.8 million, representing 4.4% growth compared to the prior year. Constant currency net sales are projected to increase approximately 4.5%, with comparable store sales increasing approximately 2.6%.
Fiscal 2023 net sales are expected to be approximately $1.50 billion, a 4.4% increase from the prior year. Constant currency net sales are projected to increase approximately 6.0%, with comparable store sales increasing approximately 4.7%.
Based on preliminary net sales results, the company remains comfortable with its previously provided fiscal 2023 adjusted EBITDA outlook of approximately $320 million.
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