Savers Value Village IPO
Savers Value Village operates thrift stores across North America, selling donated goods and supporting nonprofit organizations. The company's business model combines retail operations with environmental sustainability by keeping items out of landfills. Investors were interested in its consistent cash flow and expansion potential in the growing secondhand retail market.
Key Facts
| Industry | Retail Thrift Stores |
| Founded | 1954 |
| Headquarters | Bellevue, WA |
| Employees | ~22,000 |
| Website | savers.com |
| Funding | Public company since 2023 IPO |
About Savers Value Village
Savers Value Village operates one of North America's largest networks of for-profit thrift retail stores, with over 315 locations across the United States, Canada, and Australia. The company sources its inventory through partnerships with nonprofit organizations, paying them for donated goods which are then sorted, priced, and sold in their retail locations. This creates a unique business model that combines retail operations with social impact.
The company has positioned itself as a leader in the circular economy and sustainable retail space, diverting millions of pounds of textiles and household goods from landfills annually. Savers went public in 2023 after being owned by private equity firm Ares Management, capitalizing on growing consumer interest in sustainable shopping and the expanding secondhand market, which is projected to reach $77 billion by 2025.
IPO Status
Savers Value Village completed its IPO in January 2023, going public on the New York Stock Exchange under the ticker symbol SVV. The company raised approximately $100 million in its public offering, pricing shares at $18 each. The IPO allowed the thrift store operator to reduce debt and fund expansion plans. The company has been publicly traded since early 2023, giving investors access to the growing secondhand retail market through its network of thrift stores that partner with nonprofit organizations.
Competitors
Frequently Asked Questions
Does Savers Value Village have a stock?
Yes, Savers Value Village completed its IPO in January 2023. The company went public on the New York Stock Exchange under the ticker symbol SVV.
When is the Savers Value Village IPO date?
Savers Value Village already had its IPO in January 2023. The company has been publicly traded since then on the NYSE.
How can I buy Savers Value Village stock?
You can buy Savers Value Village stock through any brokerage account using the ticker symbol SVV. The stock trades on the New York Stock Exchange and is available through most online brokers and investment platforms.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts