Savers Value Village, Inc. Hosts Innovation Day
Powering Revenue Growth and Margin Expansion
BELLEVUE, Wash.-November 10, 2026, Savers Value Village, Inc. (NYSE: SVV) (the "Company") today hosted an Innovation Day providing a firsthand look at how the Company's operational capabilities and technology initiatives are expected to support long-term revenue growth and Adjusted EBITDA margin1 expansion.
The event featured tours of the Company's Minneapolis Centralized Processing Center (CPC) and Columbia Heights store. Demonstrations included ThriftIQ™, which is designed to optimize and create more consistent pricing, as well as the Autotagger and integrated Image Capture technologies, which are intended to increase processing automation and enhance labor efficiency. Together, these initiatives are key components of the Company's current three-year roadmap to expand Adjusted EBITDA margin1 by 50 to 100 basis points annually.
"Our operations are a clear competitive advantage and a key enabler of our business model and long-term success," said Mark Walsh, Chief Executive Officer. "Our innovation agenda focuses on strengthening the price-value equation for consumers, driving greater efficiency and cost savings, and expanding our business insights capabilities. The initiatives we showcased today are designed to enable us to process more volume efficiently and deepen our business insights, which we believe will support revenue growth and Adjusted EBITDA margin1 expansion over the next three years."
Innovation
The Company's proprietary pricing platform, ThriftIQTM, is currently live in 108 stores and has now priced over 40 million items. Stores using ThriftIQ continue to demonstrate faster gross profit growth, with higher unit sell-through, larger baskets and stronger sales yields. The Company is also advancing its innovation agenda with the introduction of Autotagger and image capture, patent-pending industrial engineering solutions designed to enhance labor efficiency driving expected savings of over $10 million on an annualized basis upon the completion of rollout. Both innovation initiatives are expected to continue being deployed across the Company's U.S. and Canadian locations through early 2028.
Multiple drivers support meaningful expected earnings power:
High-single digit total revenue growth:
-Approximately 25 new store openings annually contributing incremental revenue growth
-Low-single digit comparable store sales growth
-Contribution from the maturation of new stores as they enter the comparable store sales base
Expecting high-teens Adjusted EBITDA margin1 in the next three years:
-Operating leverage from comparable store sales growth
-Productivity gains from innovation initiatives, including ThriftIQ, Autotagger and integrated Image Capture technologies
-Continued maturation of newer stores
Balanced capital allocation driving shareholder value:
-Investments in the business
-Improving net leverage ratio1, under 2x by the end of 2027
-Opportunistic share repurchases
1 Adjusted EBITDA margin and net leverage ratio are not measures recognized under U.S. generally accepted accounting principles ("GAAP"). The Company has not presented a quantitative reconciliation of its forward-looking non-GAAP financial measures set out above to their most comparable GAAP financial measures because it cannot predict certain elements that are reported under GAAP, such as (gain) loss on foreign currency, net, without unreasonable effort. For these reasons, we are unable to assess the probable significance of the unavailable information, which could materially impact the amount of future net income.
About the Savers® Value Village® family of thrift stores
As the largest for-profit thrift operator in the United States and Canada for value-priced pre-owned clothing, accessories and household goods, our mission is to champion reuse and inspire a future where secondhand is second nature. Learn more about the Savers Value Village family of thrift stores, our impact, and the #ThriftProud movement at savers.com.