Savers Value Village, Inc.

General Information

We are the largest for-profit thrift operator in the United States and Canada based on number of stores. With over 22,000 team members, we operate a total of 317 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners.

The U.S. secondhand market, which is a subset of the broader retail market, was estimated at $35 billion in 2021. It is expected to grow to more than $82 billion by 2026. 

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”) price under $5.

We have a highly engaged customer base, with over 4.7 million active loyalty program members in the United States and Canada who shopped with us as of April 1, 2023, driving 69.6% of point-of-sale transaction value during the 12 months ended April 1, 2023.

As of April 1, 2023, we had 152 stores in the United States, 153 stores in Canada and 12 stores in Australia. We operate under five distinct store banners—Savers, Value Village, Village des Valeurs Unique and 2nd Ave.

In Canada, we operate 135 Value Village stores located in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan (nine provinces). Additionally, we have 18 stores in Quebec that operate under the Village des Valeurs brand. In Canada, we are the top-of-mind thrift retailer with 93% aided brand awareness.

Note: Revenue and net income are for the 12 months that ended April 1, 2023.

(Note: Savers Value Village, Inc. upsized its IPO at pricing on June 28, 2023, to 22.29 million shares – up from 18.75 million shares in the prospectus – and priced the IPO at $18.00 – $1.00 above the top of its $15.00-to-$17.00 price range – to raise $401.22 million. Background: Savers Value Village, Inc. disclosed the terms for its IPO on June 20, 2023, in an S-1/A filing: 18.75 million shares at $15.00 to $17.00 to raise $300.0 million. Savers Value Village also updated its financial statements through April 1, 2023, in its S-1/A filing dated June 20, 20223.)

(Background: Savers Value Village, Inc. filed an S-1/A dated Feb. 7, 2023, in which it disclosed its estimates for its net sales and operating income for fiscal year 2022, which ended Dec. 31, 2022: Net sales estimated at about $1.44 billion and operating income estimated at about $203 million to $206 million. Savers Value Village filed an S-1/A dated Nov. 10, 2022, with updated financial information for the nine months that ended Oct. 1, 2022; the company did not disclose terms for its IPO. Savers Value Village filed an S-1/A dated July 14, 2022, with updated financial statements that included the three months ended April 2, 2022. Savers Value Village filed its S-1 on Dec. 22, 2021; the company filed confidential IPO paperwork on Oct. 12, 2021.)



Industry: Retail - Thrift stores
Employees: 22000
Founded: 1954
Contact Information
Address 11400 S.E. 6th Street, Suite 125 Bellevue, WA 98004
Phone Number 425-462-1515
Web Address
View Prospectus: Savers Value Village, Inc.
Financial Information
Market Cap $2951.82mil
Revenues $1455.45 mil (last 12 months)
Net Income $62.59 mil (last 12 months)
IPO Profile
Symbol SVV
Exchange NYSE
Shares (millions): 22.3
Price range $18.00 - $18.00
Est. $ Volume $401.2 mil
Manager / Joint Managers J.P. Morgan/ Goldman Sachs/ Jefferies/ UBS Investment Bank
CO-Managers Baird/ CIBC Capital Markets/ Guggenheim Securities/ Piper Sandler/ B. Riley Securities/ KKR
Expected To Trade: 6/29/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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