Savers Value Village, Inc.
We are the largest for-profit thrift operator in the United States and Canada. With over 20,000 team members, we operate a total of 306 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.
We offer a dynamic, ever-changing selection of items, with an average unit retail (“AUR”) under $5. We have a highly engaged customer base, with over 3.8 million active loyalty program members in the United States and Canada who shopped with us, driving 64.6% of point-of-sale transaction value in the 12 months ended October 2, 2021.
As of November 2021, we had 148 stores in the United States, 148 stores in Canada and 10 stores in Australia. We operate under five distinct store banners—Savers, Value Village, Village des Valeurs Unique, and 2nd Ave.
|Industry:||Retail - Thrift stores|
|Address||11400 S.E. 6th Street, Suite 125 Bellevue, WA 98004|
|View Prospectus:||Savers Value Village, Inc.|
|Revenues||$1128.97 mil (last 12 months)|
|Net Income||$33.46 mil (last 12 months)|
|Price range||$0.00 - $0.00|
|Est. $ Volume||$100.0 mil|
|Manager / Joint Managers||J.P. Morgan/ Goldman Sachs/ Jefferies/ UBS Investment Bank/ Baird/ CIBC Capital Markets/ Guggenheim Securities/ Piper Sandler|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|