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.

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Savers Value Village Inc > Not just an explorer any more

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Comment by Martybosson Nov 24, 2020 1:01pm

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Post# 31961658

RE:RE:Not just an explorer any more

There is no interest in this stock, the number of shares killed it months ago and with their PEA due any time now you can almost bet that from the interest in it this last while probably not going as well as they planned. I predict .9 to .12 just before the report comes out then a free fall back to .05 to .07. They are going to need cash soon, and you know how they will raise that. Not looking good at all for this junior Company.

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