By Josh Beckerman
Savers Value Village shares were higher after the thrift-store chain reported a preliminary fourth-quarter sales increase of 5% to $402 million.
The stock was recently up 11%, to $10.38, on Friday but is down about 40% over the last 52 weeks.
Savers said comparable store sales rose 1.6%, with the U.S. up 4.7% and Canada down 2.5%.
The company reaffirmed fiscal 2024 guidance for adjusted earnings before interest, taxes, depreciation and amortization of about $290 million to $300 million.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 10, 2025 15:16 ET (20:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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