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Torrid Holdings Inc. (CURV) is a leading innovator in plus-size fashion, combining e-commerce agility with physical retail expertise to serve curvy women nationwide. This news hub provides investors and industry observers with essential updates about the company's financial performance, product developments, and market strategies.
Access authoritative information on CURV's quarterly earnings, leadership announcements, and partnership initiatives. Our curated collection includes press releases about new store openings, exclusive collections, and operational milestones that shape Torrid's position in specialty retail.
Discover timely updates about inventory innovations, customer experience enhancements, and sustainability efforts within Torrid's vertically integrated business model. The repository serves as a strategic resource for tracking how this inclusive brand adapts to evolving consumer preferences and retail trends.
Bookmark this page for streamlined access to verified corporate communications. Check back regularly to monitor how Torrid continues redefining plus-size fashion through data-driven design and community-focused retail experiences.
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.
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.
Torrid Holdings Inc. (NYSE: CURV) has revised its financial outlook for the fourth quarter and fiscal year ending January 29, 2022. The company now expects net sales of
Torrid Holdings Inc. (NYSE: CURV), a direct-to-consumer apparel brand, will participate in a fireside chat at the 24th Annual ICR Conference on January 11, 2022, at 2:30 pm ET. CEO Liz Munoz and CFO George Wehlitz will represent the company in this virtual event, which will be webcast live. The chat will focus on Torrid’s offerings for women sizes 10 to 30, emphasizing their commitment to fit and quality across a broad assortment of products. An online archive of the event will be available for 90 days.
Torrid Holdings Inc. (NYSE: CURV) announced the retirement of Chief Financial Officer George Wehlitz at the end of Q1 FY2022. Wehlitz will assist in the transition and has played a crucial role in the company's growth, including its public listing. The company is now searching for his successor, considering both internal and external candidates. CEO Liz Munoz expressed gratitude for Wehlitz's contributions and looks forward to his advisory support during the transition.
Torrid Holdings Inc. (CURV) reported a 13% increase in net sales to $306.2 million for Q3 2021, driven by online sales and improved store productivity. The gross profit margin rose to 40.9%, a 550 basis point improvement year-over-year. However, the company posted a net loss of $58.9 million due to a high tax burden from a non-cash charge related to its IPO. Adjusted EBITDA was $55.2 million, reflecting a significant rise in profitability. For Q4, net sales are projected between $325-$335 million. The Board has authorized a $100 million share repurchase program, signaling confidence in long-term growth.
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