Torrid Holdings Inc is a retailer specializing in fashionable and stylish apparel designed specifically for women sizes 10 to 30. The company offers a diverse range of products, including clothing, activewear, and accessories that cater to confident and trendy plus-size customers. Torrid aims to create a welcoming shopping environment that celebrates body positivity and inclusivity, featuring both brick-and-mortar stores and a robust online presence to reach a broader audience. Through its unique designs and commitment to customer experience, Torrid is dedicated to empowering women to express their individuality through fashion.
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV)
fell 33.9% in the morning session after the company reported weak third-quarter results, which missed analysts' revenue and EBITDA expectations. Its full-year revenue and EBITDA guidance also fell short of Wall Street's estimates. The company observed soft sales trends in late September, which continued through October. Macroeconomic pressures, such as constrained consumer spending and adverse weather events, also created a difficult operating environment. Looking ahead, management emphasizes the need for more innovative and diversified product strategies to adapt to shifting consumer preferences. Overall, this was a weaker quarter.
Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 4.2% year on year to $263.8 million. Next quarter’s revenue guidance of $262.5 million underwhelmed, coming in 9.3% below analysts’ estimates. Its GAAP loss of $0.01 per share was significantly below analysts’ consensus estimates.
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 November 2, 2024.
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 third quarter fiscal 2024 financial results after market close on Tuesday, December 3, 2024. Management will host a conference call that afternoon at 4:30 p.m. Eastern Time to discuss its financial results.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Torrid (NYSE:CURV) and the best and worst performers in the apparel retailer industry.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Tilly's (NYSE:TLYS) and the best and worst performers in the apparel retailer industry.
Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Torrid Holdings Inc. (“Torrid” or “the Company”) (NYSE: CURV). Investors who purchased Torrid securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/CURV.
Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Torrid Holdings Inc. (“Torrid” or “the Company”) (NYSE: CURV). Investors who purchased Torrid securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/CURV.
Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV) today announced the pricing of the previously announced underwritten public offering of 8,000,000 shares of the Company’s common stock at a price to the public of $4.00 per share (the “Offering”) to be sold by certain stockholders of the Company (the “Selling Stockholders”). The Offering is expected to close on or about September 13, 2024, subject to the satisfaction of customary closing conditions. In addition, the Selling Stockholders have granted the underwriters a 30-day option to buy an additional 1,200,000 shares of common stock at the public offering price, less the underwriting discount and commissions. Torrid will not receive any of the proceeds from the sale of the shares by the Selling Stockholders, including from any exercise by the underwriters of their option to purchase additional shares.
