11.01
price down icon0.72%   -0.08
after-market After Hours: 11.01
loading

Why is Savers Value Village Inc (SVV) Stock down?

10 Nov, 2023:

Shares of Savers Value Village (SVV) dropped by 11.89% from $13.79 to $12.15 in the trading on Friday, Novemeber 10, 2023. The reason why SVV down is due to mixed quarter results:

  • Revenue Increase: SVV reported a revenue of $392.7 million, reflecting a 3.8% increase from the third quarter of 2022.
  • Net Loss: The company reported a net loss of US$15.6 million, a significant decrease compared to the $15.5 million profit recorded in the third quarter of 2022. This marks a substantial shift from profitability to loss.
  • Loss Per Share: SVV reported a loss of $0.097 per share, in contrast to a profit of $0.078 per share in the third quarter of 2022.
$484.00
price down icon 1.02%
specialty_retail GME
$26.56
price down icon 2.06%
$427.55
price down icon 1.07%
$374.53
price down icon 0.48%
specialty_retail BBY
$88.01
price down icon 0.07%
specialty_retail DKS
$243.99
price up icon 3.10%
Cap:     |  Volume (24h):