Torrid Holdings Inc. posted a disappointing Q2, with comparable sales dropping 7%, a steeper decline than in Q1. Margins are under significant pressure, reflecting operational and competitive challenges in the current environment. The worsening comps and margin contraction highlight ongoing struggles to regain momentum and profitability.
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced its financial results for the quarter ended August 2, 2025. “Our second quarter results were in line with our expectations for both sales and Adjusted EBITDA(1). Our str...
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced that it will release its second quarter fiscal 2025 financial results after market close on Thursday, September 4, 2025. Management will host a conference call that afte...
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE:CURV) today announced the pricing of the previously announced underwritten public offering of 10,000,000 shares of the Company's common stock at a price to the public of $3.50 per share (the “Offering”) to be sold by certain stockholders of the Company (the “Selling Stockholders”). The Offering is ...
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV) today announced the launch of an underwritten public offering of 10,000,000 shares of common stock (the “Offering”) to be sold by certain stockholders of the Company (the “Selling Stockholders”). Torrid will not receive any of the proceeds from the sale of the shares by the Selling Stockhold...
I maintain my Hold rating on CURV due to worsening macro conditions and persistent near-term demand headwinds. CURV's digital and sub-brand strategies are gaining traction, with digital sales rising and new collections outperforming expectations. Aggressive store closures and digital focus should improve margins long-term, but near-term sales and margins remain pressured by weak consumer spending.
Torrid Holdings Inc.'s Q1 results were weak, with comps down 3.5%, gross margin collapsing due to heavy promotions, and a full exit from footwear. The company will close 30% of its stores in 2024, highlighting poor store economics and ongoing struggles with in-store traffic and profitability. Digital sales now comprise 70% of revenue, but this shift exposes Torrid to fierce e-commerce competiti...
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