Welcome to our dedicated page for Torrid Hldgs news (Ticker: CURV), a resource for investors and traders seeking the latest updates and insights on Torrid Hldgs stock.
Torrid Holdings Inc. (NYSE: CURV) is a direct-to-consumer apparel, intimates, and accessories brand in North America focused on curvy women in sizes 10 to 30. This news page aggregates company-issued updates and market announcements so readers can follow how Torrid’s business evolves over time.
Recent Torrid news has centered on quarterly earnings releases, fiscal guidance, and operational updates. The company regularly reports net sales, comparable sales, gross profit margin, net income or loss, Adjusted EBITDA, and store counts for each fiscal quarter and the full year. These releases also describe trends in its unified commerce business, including performance across its e-commerce platform and store fleet.
Investors and followers of CURV can use this news feed to track topics such as Torrid’s store optimization strategy, including store openings and closures, and its focus on digital demand. Earnings releases and related conference call announcements provide insight into how the company is managing tariffs, sourcing, marketing investments, and other factors that affect profitability.
In addition to earnings, Torrid’s news includes capital markets and corporate actions, such as secondary offerings of common stock by selling stockholders and related stock repurchase agreements. These announcements are often tied to the company’s SEC filings and describe the structure of offerings, use of treasury stock, and the role of underwriters.
By reviewing Torrid’s news items in one place, readers can follow developments in its plus- and mid-size apparel strategy, monitor changes in financial guidance, and see how management describes key risks and opportunities. Bookmark this page to quickly access the latest CURV press releases, earnings summaries, and transaction announcements as they are released.
Torrid Holdings Inc. (NYSE: CURV) reported a 2% increase in net sales for Q2 2022, totaling $340.9 million, following a 34% growth last year. Gross profit margin fell significantly to 34.9% from 45.0% due to higher discounts and increased product costs. Net income decreased to $22.7 million or $0.22 per share, down from $38.8 million last year. The company anticipates Q3 net sales between $290 million and $305 million and adjusted EBITDA of $32 million to $38 million amidst ongoing macro challenges.
Torrid Holdings Inc. (NYSE: CURV) will release its second quarter fiscal 2022 financial results after market close on September 7, 2022. A conference call is scheduled for 4:30 p.m. Eastern Time that same day to discuss the results. Interested participants can join the call by dialing provided numbers, and a live webcast will be available on the company's investor site. A replay will be accessible two hours post-call until September 14, 2022. Torrid specializes in apparel, intimates, and accessories for curvy women sizes 10 to 30.
Torrid Holdings Inc. (NYSE: CURV) announced the appointment of Tim Martin as COO and CFO, and Hyon Park as CTO, effective September 12, 2022. CEO Lisa Harper emphasized the importance of building a strong leadership team for sustainable growth. The company updated its sales and EBITDA guidance for Q2 2022, projecting net sales between $335 million and $340 million (down from $350-$360 million) and adjusted EBITDA between $49 million and $51 million (previously $53-$58 million), due to slowed store traffic and shipping disruptions.
Torrid Holdings Inc. (NYSE: CURV) announced its participation in a fireside chat at the Jefferies Consumer Conference on June 20, 2022, at 8:00 am Eastern Time. CEO Lisa Harper will represent the company in this discussion, which will be available via live webcast. Torrid focuses on providing stylish apparel and accessories for curvy women, specifically targeting sizes 10 to 30, with an emphasis on fit and quality. The online archive of the chat will be accessible for 30 days post-event.
Torrid Holdings Inc. (NYSE: CURV) reported first-quarter financial results, exceeding sales and EBITDA guidance despite challenges. Net sales rose 1% year-over-year to $328.4 million, while net income increased to $24.1 million, or $0.23 per share. However, gross profit margin fell to 38.1% from 44.5% due to higher discounts and costs. The company repurchased $23 million in stock and opened 4 new stores, totaling 625 locations. For Q2 2022, Torrid expects net sales of $350-$360 million and adjusted EBITDA of $53-$58 million, while forecasting full-year net sales of $1.3-$1.365 billion.
Torrid Holdings Inc. (NYSE: CURV) announced its participation in the Baird 2022 Global Consumer, Technology and Services Conference on June 8, 2022, at 2:35 pm Eastern Time. CEO Lisa Harper, Interim CFO Tanner MacDiarmid, and SVP Vince Adams will engage in a fireside chat. The event will be webcast live, with an archive available for 90 days post-event. Torrid, specializing in apparel for curvy women sizes 10 to 30, focuses on high-quality, well-fitting products targeting women aged 25 to 40.
Torrid Holdings, a direct-to-consumer apparel brand catering to women sizes 10 to 30, will release its Q1 2022 financial results after market close on June 7, 2022. A conference call to discuss these results is scheduled for 4:30 p.m. ET on the same day, with dial-in options provided. Interested parties can access a live webcast of the call on the Company's investor relations page. A replay will be available for a week following the call.
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Torrid Holdings reported a 5.5% increase in Q4 2021 net sales to $313.9 million and a 31.4% increase in full-year net sales to $1.28 billion. However, the company faced challenges from Omicron, causing approximately $14 million in sales delays and a gross profit margin drop to 31.6%. The net loss for Q4 was $22.8 million ($0.21 per share), exacerbated by a 328.1% effective tax rate due to a one-time charge. Looking ahead, Torrid expects Q1 net sales of $295-$305 million and full-year sales between $1.30-$1.365 billion.
Torrid Holdings Inc. (NYSE: CURV) announced its fourth quarter and fiscal 2021 financial results will be released after market close on March 17, 2022. A conference call is scheduled for 4:30 p.m. Eastern Time the same day to discuss the results. The call can be accessed by dialing (877) 407-9208 or (201) 493-6784 for international participants. A replay will be available until March 24, 2022. Torrid specializes in direct-to-consumer apparel, targeting curvy women sizes 10 to 30, and offers a range of products including tops, denim, and accessories.
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