SVV Amends 10-K to Correct SOX Certifications

TL;DR

**SVV's 10-K/A is a technical fix for SOX certifications, signaling a commitment to compliance but not impacting financials.**

AI Summary

Savers Value Village, Inc. (SVV) filed a 10-K/A on August 25, 2025, solely to amend its previously filed 10-K for the fiscal year ended December 28, 2024. This amendment specifically re-filed Exhibits 31.1 and 31.2, which are the Section 302 certifications for the Principal Executive Officer and Principal Financial Officer, respectively. The original certifications, filed on February 21, 2025, inadvertently omitted a portion of the text required in paragraph 4, specifically subparagraph 4(b) and part of the introductory language of paragraph 4. The company explicitly stated that this amendment does not reflect events occurring after the original filing and does not modify or update any other disclosures in the original 10-K. As of June 29, 2024, the aggregate market value of common equity held by non-affiliates was $329.9 million, with 158,707,876 shares of common stock outstanding as of February 10, 2025.

Why It Matters

This amendment, while seemingly minor, is crucial for investor confidence and regulatory compliance. The Section 302 certifications, signed by the CEO and CFO, attest to the accuracy of financial statements and the effectiveness of internal controls, directly impacting the reliability of reported financial data. An omission, even inadvertent, can raise questions about the rigor of internal processes, potentially affecting investor perception of the company's governance. For employees and customers, this filing has no direct operational impact, but it underscores the company's commitment to regulatory adherence in a competitive retail landscape where transparency is increasingly valued.

Risk Assessment

Risk Level: low — The risk level is low because the 10-K/A is an 'exhibit only filing' solely to correct an 'inadvertently omitted' portion of the Section 302 certifications. The filing explicitly states it 'does not modify or update the disclosures in the original Form 10-K in any way,' indicating no changes to financial results or operational risks.

Analyst Insight

Investors should view this as a routine compliance correction rather than a red flag. No immediate action is required based on this filing alone, as it does not alter the company's financial position or outlook. Continue to monitor future filings for substantive updates.

Financial Highlights

debt To Equity

X.X

revenue

$329.9M

operating Margin

X%

total Assets

$X

total Debt

$X

net Income

$X

eps

$X

gross Margin

X%

cash Position

$X

revenue Growth

+X%

Key Numbers

• $329.9M — Market Value of Non-Affiliate Common Equity (Computed as of June 29, 2024, using a closing price of $12.24 per share.)
• 158,707,876 — Shares Outstanding (Total common stock shares outstanding as of February 10, 2025.)
• December 28, 2024 — Fiscal Year End (The period for which the original 10-K and this amendment apply.)
• August 25, 2025 — Amendment Filing Date (Date this 10-K/A was filed with the SEC.)
• February 21, 2025 — Original 10-K Filing Date (Date the initial 10-K was filed, which contained the omitted certifications.)

Key Players & Entities

• Savers Value Village, Inc. (company) — registrant filing the 10-K/A
• Michael W. Maher (person) — Chief Financial Officer and Treasurer
• SEC (regulator) — recipient of the 10-K/A filing
• $329.9 million (dollar_amount) — aggregate market value of common equity held by non-affiliates as of June 29, 2024
• New York Stock Exchange (regulator) — exchange where SVV Common Stock is registered

FAQ

Industry Context

Savers Value Village operates in the thrift retail sector, which is characterized by a focus on sustainability and value-driven consumerism. The industry relies on donations and efficient processing to offer a wide range of pre-owned goods. Competition includes other thrift stores, consignment shops, and increasingly, online resale platforms.

Regulatory Implications

This amendment highlights the critical importance of accurate and complete filings with the SEC, particularly regarding executive certifications under the Sarbanes-Oxley Act. Failure to provide complete certifications can raise concerns about internal controls and corporate governance, even if the omission is unintentional.

What Investors Should Do

1. Review the specific nature of the omission in Exhibits 31.1 and 31.2.
2. Confirm no other disclosures in the original 10-K are affected.

Key Dates

• 2025-08-25: 10-K/A Filing Date — Indicates the date Savers Value Village filed an amendment to its previously submitted 10-K.
• 2025-02-21: Original 10-K Filing Date — The date the initial 10-K for the fiscal year ended December 28, 2024, was filed, which contained inadvertently omitted certification text.
• 2025-02-10: Shares Outstanding Record Date — Establishes the number of common shares outstanding as of this date, relevant for per-share calculations.
• 2024-12-28: Fiscal Year End — Marks the end of the reporting period for the 10-K filing.
• 2024-06-29: Market Value of Non-Affiliate Equity Calculation Date — Date used to calculate the aggregate market value of common equity held by non-affiliates.

Glossary

10-K/A

An amendment to a company's annual report (Form 10-K) filed with the U.S. Securities and Exchange Commission (SEC). It is used to correct or supplement information previously filed. (This filing is specifically an amendment to correct an omission in the Section 302 certifications within the original 10-K.)

Section 302 Certification

Required certifications by a company's principal executive officer (CEO) and principal financial officer (CFO) under the Sarbanes-Oxley Act of 2002, confirming the accuracy of financial reports. (The amendment corrects an omission in these critical certifications, ensuring compliance with SOX requirements.)

Sarbanes-Oxley Act of 2002 (SOX)

A federal law that mandates certain practices in financial record keeping and reporting for public companies, aimed at protecting investors. (The amendment directly addresses a compliance issue related to SOX Section 302 certifications.)

Year-Over-Year Comparison

This 10-K/A filing is solely an amendment to correct an omission in the Section 302 certifications of the original 10-K filed on February 21, 2025. It does not introduce new financial data or alter previous disclosures. Therefore, a comparison of key metrics like revenue growth, margins, or balance sheet items to a prior year's filing is not applicable based on this amendment alone. The primary focus remains on the integrity of the original filing's compliance documentation.

Key Financial Figures

• $0.000001 — ich registered Common Stock, par value $0.000001 per share SVV The New York Stock Excha
• $12.24 — using the closing price on that day of $12.24. The registrant had outstanding 158,70

Filing Documents

• svv-20241228.htm (10-K/A) — 42KB
• exhibit311fy2410ka.htm (EX-31.1) — 9KB
• exhibit312fy2410ka.htm (EX-31.2) — 9KB
• 0001883313-25-000073.txt ( ) — 247KB
• svv-20241228.xsd (EX-101.SCH) — 2KB
• svv-20241228_lab.xml (EX-101.LAB) — 35KB
• svv-20241228_pre.xml (EX-101.PRE) — 20KB
• svv-20241228_htm.xml (XML) — 6KB

Exhibits and Financial Statement Schedules

Item 15. Exhibits and Financial Statement Schedules The following exhibits are filed as part of this report: Exhibit Index Incorporated by Reference Exhibit Number Description of Document Form Exhibit Filing Date Filed Herewith 31.1 Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 X 31.2 Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 X 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Amendment No. 1 to its Annual Report on Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized. Date: August 25, 2025 By: /s/ Michael W. Maher Michael W. Maher Chief Financial Officer and Treasurer (Principal Financial Officer)

View Full Filing

View this 10-K/A filing on SEC EDGAR