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Savers Value Village Inc V.SVV


Primary Symbol: SVV

Consumer Cyclical Specialty Retail
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
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Comment by stillbobon Aug 29, 2016 10:37pm
141 Views
Post# 25189463

RE:RE:RE:RCU is going to a Dollar

RE:RE:RE:RCU is going to a DollarBBJL, you're a Canadian I assume.


I'm in the U.S. 


For you the macros may be irrelevant but for me they could be very consequential. 


For me the Canadian Dollar is very consequential. 


Oil prices are hurting the CAD right now, but my major concern is all this talk about a real estate "bubble" in Canada that could really WHACK the Canadian Dollar.


Every 1% the Canadian Dollar drops my entire Canadian stock portfolio drops 1% against the USD and that's what I use to buy my groceries.


So, I not only have to worry about RCU drill results I also have to worry about the exchange rates. I'm hoping the Canadian powers that be can keep their dollar from just falling off the table.


Right now that's my biggest macro worry....


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