Torrid Holdings Inc
NYSE:CURV

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Torrid Holdings Inc
NYSE:CURV
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Price: 1.06 USD 8.34% Market Closed
Market Cap: 105.2m USD

Torrid Holdings Inc
Investor Relations

Torrid Holdings, Inc. operates e-Commerce platform for apparel and intimates. The company is headquartered in City Of Industry, California and currently employs 2,063 full-time employees. The company went IPO on 2021-07-01. The firm's product is designed for plus-size women and is focused on fit. The company offers products across a range of assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. The firm markets directly to consumers through its e-commerce platform and its physical footprint of approximately 624 stores in the United States, Puerto Rico and Canada. The firm's brands include Torrid and Torrid Curve. The firm's Torrid Curve provides a line of bras, activewear, loungewear, lingerie wear and sleep wear. The company offers wire-free, T-shirt, and strapless bras. Its footwear and accessories include boots, sneakers, hats, belts among others. The firm provides a Website and mobile application feature which provides updates on new collections, guidance on how to wear, and put together outfits.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Dec 3, 2025
AI Summary
Q3 2026

Sales Miss: Torrid reported third quarter sales of $235 million, hitting the low end of guidance, with key categories underperforming.

Profitability Pressure: Adjusted EBITDA was $9.8 million, down from $19.6 million last year, as deeper-than-expected promotions eroded profitability.

Assortment Issues: Nearly half of the sales miss came from tops, with poor execution in this core category causing customer pullback.

Shoe Pause Impact: Pausing footwear sales due to tariffs led to around $12.5 million in lost sales, further dragging results, though shoes were reintroduced in November.

Store Closures: 15 stores closed in Q3, 74 year-to-date, with up to 180 planned for the full year, driving an 11.5% reduction in SG&A expenses.

Guidance Lowered: Full-year sales outlook cut to $995 million–$1.002 billion and adjusted EBITDA to $59–$62 million.

Margin Expansion Expected: Store closures and cost controls are expected to drive substantial EBITDA margin expansion in fiscal 2026.

Key Financials
Revenue
$235.2 million
Adjusted EBITDA
$9.8 million
Gross Profit
$82.2 million
Gross Margin
34.9%
SG&A Expenses
$66.3 million
SG&A as % of Sales
28.2%
Net Loss
$6.4 million
Earnings Per Share
$0.06 loss per share
Store Closures
15 in Q3, 74 year-to-date
Inventory
$128.8 million
Cash
$17.2 million
Marketing Investment
$15.7 million
Comparable Sales
-8.3%
Adjusted EBITDA Margin
4.2%
Store Optimization Cost Savings (YTD)
$18 million
Sub-Brand Sales
$80 million (expected for full year)
Footwear Sales (expected 2026)
$40 million
Capital Expenditures
$13 million to $15 million (expected full year)
Other Earnings Calls

Management

Ms. Lisa M. Harper
CEO & Director
No Bio Available
Ms. Paula S. Dempsey
Executive VP & CFO
No Bio Available
Mr. Hyon C. Park
CTO & COO
No Bio Available
Ms. Chinwe Abaelu
Senior VP, Chief Accounting Officer & Principal Financial Officer
No Bio Available
Ms. Bridgett C. Zeterberg
Executive VP, Chief Human Resources Officer, Chief Legal Officer & Corporate Secretary
No Bio Available
Ms. Vivian Alhorn
Chief Marketing Officer
No Bio Available
Ms. Ashlee Wheeler
Chief Planning Officer
No Bio Available
Ms. Kate Horton
Chief Merchandising Officer
No Bio Available

Contacts

Address
CALIFORNIA
CITY OF INDUSTRY
18501 E. San Jose Avenue
Contacts
+16266671002.0