BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Savers Value Village Inc. (SVV) on Thursday reported fourth-quarter earnings of $43.9 million.
The Bellevue, Washington-based company said it had profit of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 15 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.
The retailer of second-hand merchandise posted revenue of $382.8 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $383.1 million.
For the year, the company reported profit of $53.1 million, or 34 cents per share. Revenue was reported as $1.5 billion.
Savers Value expects full-year revenue in the range of $1.57 billion to $1.59 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVV at https://www.zacks.com/ap/SVV