Savers Value Village Inc V.SVV

Primary Symbol: SVV

Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.

NYSE:SVV - Post by User

Savers Value Village Inc > Must be broke

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Comment by ggrelletteon Dec 13, 2022 12:48pm

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Post# 35168815

RE:Must be broke

Supposely highly rated mgt group here supported by many market players and this is where the stock ends up. They tried to sell the company and no takers at the offer that would entice mgt. to sell. Reality could be another RSS which will destroy any retailer in this stock. Most are underwater on the play and the RSS would sink the ship.

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