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Bullboard - Stock Discussion Forum
Savers Value Village Inc
SVV
Consumer Cyclical
Specialty Retail
Savers Value Village, Inc., a thrift operator, sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores. The company...
operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. It serves retail and wholesale customers. The company was formerly known as S-Evergreen Holding LLC and changed its name to Savers Value Village, Inc. in January 2022. Savers Value Village, Inc. was founded in 1954 and is based in Bellevue, Washington.
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Bullboard (NYSE:SVV)
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Walletbuy9
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Post by
Walletbuy9
on Sep 25, 2023 12:25pm
Savers SVV high labour costs
Savers high labour costs hold iit down and limit it's profit margin . Plus high debt . The company is doing better in Canada but he struggles with higher labour costs in Canada . Mark Walsh
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