Savers Value Village's U.S. Sales Rose 6.6%. Its CEO Just Sold $2.4 Million in Stock
Mark Walsh exercised vested options under a pre-arranged trading plan.
Overview
Mark T. Walsh, CEO and director of Savers Value Village, Inc. (NYSE:SVV), reported a sale of 207,941 shares of common stock on August 5 and August 6, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($11.54); post-transaction value based on August 7 market close ($12.22).
Details
Savers Value Village is a leading specialty retailer in the pre-owned merchandise sector with a $1.7 billion market capitalization and TTM revenue of $1.7 billion. The company's business model leverages strategic partnerships with non-profit organizations to source inventory while maintaining a differentiated value proposition in the specialty retail landscape. The company's competitive positioning is reinforced by its established multi-banner retail network, established supply chain relationships with non-profit partners, and focus on the resilient discount retail segment.
Source
Originally published at www.fool.com.