Savers value village general counsel sells $189,445 in stock

BELLEVUE, WA—Richard A. Medway, General Counsel of Savers Value Village, Inc. (NASDAQ:SVV), a $1.74 billion market cap company trading at a notable P/E ratio of 74x, executed a significant stock transaction recently, according to a filing with the Securities and Exchange Commission. On May 8, Medway sold 16,490 shares of common stock, generating approximately $189,445. The shares were sold at a weighted average price of $11.4885 per share, with the transaction completed under a pre-established 10b5-1 trading plan.

In conjunction with the sale, Medway exercised options to purchase the same number of shares, 16,490, at a price of $1.41 per share. This option exercise was part of the company’s 2019 Management Incentive Plan. Following these transactions, Medway holds no remaining shares from this particular transaction but retains a significant number of shares from other holdings.

These transactions highlight Medway’s strategic financial maneuvers within the company’s framework, reflecting both option exercises and subsequent sales.

In other recent news, Savers Value Village reported a net loss for the first quarter of 2025, with earnings per share (EPS) of -$0.03, missing the forecasted EPS of $0.10. Despite this shortfall, the company’s revenue increased by 4.5% year-over-year to $370 million. The company also opened two new stores and completed an acquisition during the quarter. Savers Value Village maintains an optimistic outlook, with a full-year net sales target set between $1.61 and $1.65 billion. The company plans to open 25 to 30 new stores in 2025, with expectations of reaching a profitability inflection in 2026. In the U.S., net sales rose by 9.4%, while Canadian sales saw a decline of 4.1%. The company continues to leverage its loyalty program, which reached nearly 6 million active members by the end of the first quarter. Analysts from Jefferies and UBS have shown interest in the company’s strategy and market position, particularly in light of its resilience and growth in the U.S. market.

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