💨 Abstract

Savers Value Village Inc. reported a loss of $4.7 million in its first quarter, surpassing Wall Street expectations. The Bellevue, Washington-based retailer of second-hand merchandise posted revenue of $370.1 million, also exceeding forecasts. The company expects full-year earnings between 37 cents and 46 cents per share, with revenue ranging from $1.61 billion to $1.65 billion.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖