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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

Comment by Martybosson Feb 13, 2023 10:15am
108 Views
Post# 35282924

RE:RE:RE:My Consolidation Decision.

RE:RE:RE:My Consolidation Decision.You know Javaman Laperierre has been around since day one for Rockcliff and to date has nothing to show for it, In my opinion time he was put out to pasture and bring in someone new with ambition and forsight for RCLF, Laperierre final nail in coffin is when he and his team negotiated the demise of RCLF and brought on another 200,000,000 or so shares They had a lot of cash after that and when you really look at it not that much exploration (drilling)  the cash burn rate was crazy. If they do a reverse split Ill be out in a flash because these reverse splits are never any good for any Company and in most cases  they immediately start thieir downward spiral. Their only salvation at this time is to find a mine with excellent grades and big tonnage, but with only a 2000  meter drill program what do you think the odds are. 
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