Savers Value Village Q2 2024 Adj. EPS $0.14 Misses $0.19 Estimate, Sales $386.700M Miss $391.478M Estimate
Portfolio Pulse from Benzinga Newsdesk
Savers Value Village (NYSE:SVV) reported Q2 2024 adjusted EPS of $0.14, missing the analyst estimate of $0.19 by 26.32%. Sales were $386.7M, also missing the $391.478M estimate by 1.22%. Despite the misses, sales increased by 2% year-over-year.
August 08, 2024 | 8:14 pm
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Savers Value Village (NYSE:SVV) reported Q2 2024 adjusted EPS of $0.14, missing the analyst estimate of $0.19 by 26.32%. Sales were $386.7M, also missing the $391.478M estimate by 1.22%. Despite the misses, sales increased by 2% year-over-year.
The significant miss on EPS and slight miss on sales estimates are likely to negatively impact SVV's stock price in the short term. However, the year-over-year sales growth of 2% may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100