Savers Value Village Files 8-K on Financial Condition
Ticker: SVV · Form: 8-K · Filed: Jan 5, 2024 · CIK: 1883313
| Field | Detail |
|---|---|
| Company | Savers Value Village, Inc. (SVV) |
| Form Type | 8-K |
| Filed Date | Jan 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.000001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, operations, 8-K, disclosure
TL;DR
**Savers Value Village just dropped an 8-K on financial condition, watch for details.**
AI Summary
Savers Value Village, Inc. filed an 8-K on January 5, 2024, to report an event related to its financial condition and operations. This filing, under Commission File Number 001-41733, indicates that the company is providing updated information to the public, which is crucial for investors to understand the current state of the business. For shareholders, this matters because it signals that new financial or operational details are being disclosed, which could impact their assessment of the company's performance and future prospects.
Why It Matters
This filing signals that Savers Value Village, Inc. is disclosing new information about its financial health or operations, which could influence investor sentiment and stock valuation. Investors should review the full filing for specific details that may affect their investment decisions.
Risk Assessment
Risk Level: medium — The filing itself is administrative, but the underlying 'Results of Operations and Financial Condition' could contain positive or negative news, creating uncertainty.
Analyst Insight
A smart investor would immediately seek out the full text of the 8-K to understand the specific details of the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' mentioned, as this filing is merely a notification of disclosure, not the disclosure itself.
Key Numbers
- 001-41733 — Commission File Number (identifies Savers Value Village, Inc. with the SEC)
- 2024-01-05 — Date of Report (indicates when the earliest event reported in the 8-K occurred)
- 14 — Public Document Count (number of documents included in the filing)
Key Players & Entities
- Savers Value Village, Inc. (company) — the registrant filing the 8-K
- January 5, 2024 (date) — date of earliest event reported and filing date
- 001-41733 (dollar_amount) — Commission File Number for Savers Value Village, Inc.
- Delaware (company) — State of Incorporation for Savers Value Village, Inc.
- SVV (company) — Trading Symbol for Savers Value Village, Inc. common stock
- The New York Stock Exchange (company) — exchange where Savers Value Village, Inc. common stock is registered
FAQ
What is the primary purpose of this 8-K filing by Savers Value Village, Inc.?
The primary purpose of this 8-K filing by Savers Value Village, Inc. is to report an event related to 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of January 5, 2024.
What is the trading symbol and exchange for Savers Value Village, Inc.'s common stock?
The trading symbol for Savers Value Village, Inc.'s common stock is SVV, and it is registered on The New York Stock Exchange.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 5, 2024, which is also the date of the report.
What is the state of incorporation for Savers Value Village, Inc.?
Savers Value Village, Inc. is incorporated in Delaware, as stated in the filing.
What is the business address and phone number of Savers Value Village, Inc.?
The business address for Savers Value Village, Inc. is 11400 S.E. 6th Street, Suite 125, Bellevue, WA 98004, and their telephone number is (425) 462-1515.
Filing Stats: 527 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-01-05 06:53:18
Key Financial Figures
- $0.000001 — ch registered Common stock, par value $0.000001 SVV The New York Stock Exchange Indic
Filing Documents
- svv-20240105.htm (8-K) — 26KB
- exhibit991pressreleasejanu.htm (EX-99.1) — 45KB
- picture1a.jpg (GRAPHIC) — 7KB
- 0001883313-24-000003.txt ( ) — 212KB
- svv-20240105.xsd (EX-101.SCH) — 2KB
- svv-20240105_lab.xml (EX-101.LAB) — 23KB
- svv-20240105_pre.xml (EX-101.PRE) — 12KB
- svv-20240105_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 05, 2024, Savers Value Village, Inc. issued a press release announcing preliminary fourth quarter and full year 2023 net sales in conjunction with the Company's participation in the ICR Conference January 08 - 10, 2024. A copy of the press release issued on January 05, 2024 is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. These preliminary results provided do not present all information necessary for a complete understanding of our earnings results for fiscal year 2023. The information presented pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly stated by specific reference in such a filing.
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press release dated January 05, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SAVERS VALUE VILLAGE, INC. Date: January 05, 2024 By: /s/ Jay Stasz Name: Jay Stasz Title: Chief Financial Officer and Treasurer