Earnings summaries and quarterly performance for Torrid Holdings.
Executive leadership at Torrid Holdings.
Lisa Harper
Chief Executive Officer
Ashlee Wheeler
Executive Vice President, Chief Strategy and Planning Officer
Bridgett Zeterberg
Executive Vice President, Chief Human Resources Officer, Chief Legal Officer and Corporate Secretary
Hyon Park
Executive Vice President, Chief Operating Officer and Chief Technology Officer
Paula Dempsey
Executive Vice President, Chief Financial Officer
Board of directors at Torrid Holdings.
Research analysts who have asked questions during Torrid Holdings earnings calls.
Corey Tarlowe
Jefferies
5 questions for CURV
Alex Straton
Morgan Stanley
4 questions for CURV
Dana Telsey
Telsey Advisory Group
4 questions for CURV
Brooke Roach
Goldman Sachs Group, Inc.
3 questions for CURV
Dylan Carden
William Blair & Company
3 questions for CURV
Ethan Saghi
BTIG
2 questions for CURV
Brook Roach
Goldman Sachs
1 question for CURV
Corey Tarlow
Jefferies LLC
1 question for CURV
Janine Stichter
BTIG
1 question for CURV
Katherine Delahunt
Morgan Stanley
1 question for CURV
Lorraine Hutchinson
Bank of America
1 question for CURV
Marni Shapiro
The Retail Tracker
1 question for CURV
Savannah Sommer
Goldman Sachs
1 question for CURV
Savannah Summerhill
Goldman Sachs
1 question for CURV
Recent press releases and 8-K filings for CURV.
- Torrid Holdings reported Q3 fiscal 2025 net sales of $235.2 million and Adjusted EBITDA of $9.8 million, with comparable sales declining 8.3%. The company experienced a net loss of $6.4 million, or $0.06 per share.
- Performance was impacted by missteps in tops and jackets categories, where the company shifted too heavily towards fashion-forward designs away from core assortments, and a temporary pause in the footwear category due to tariffs, which resulted in an estimated $12.5 million in lost sales.
- To address these issues, Torrid is implementing enhanced merchandising guardrails, initiating chase orders for core tops, and reintroducing a curated footwear assortment. The company plans for approximately 30% of its 2026 assortment to be opening price points.
- The company closed 15 stores in Q3, bringing the year-to-date total to 74 closures, and remains on track to close approximately 180 stores for fiscal 2025. This store optimization has generated $18 million in lower operating expenses year-to-date and is expected to drive significant Adjusted EBITDA margin expansion and liquidity benefits in fiscal 2026.
- Torrid updated its full-year fiscal 2025 outlook, expecting net sales in the range of $995 million to $1.002 billion and Adjusted EBITDA between $59 million and $62 million.
- Torrid Holdings reported Q3 fiscal 2025 sales of $235.2 million and Adjusted EBITDA of $9.8 million, with comparable sales declining 8.3%.
- The company attributed the disappointing performance to missteps in its product assortment, particularly in tops and jackets, and an estimated $12.5 million in lost sales from a temporary pause in the footwear category due to tariffs.
- Corrective actions include rebalancing the assortment mix, reintroducing footwear, and expanding sub-brands and an opening price point strategy, with 30% of the 2026 assortment planned for opening price points.
- Torrid is executing a store optimization strategy, having closed 15 stores in Q3 and 74 year-to-date, with plans for approximately 180 closures for the full fiscal year 2025.
- The company updated its full-year fiscal 2025 net sales guidance to $995 million-$1.002 billion and Adjusted EBITDA to $59 million-$62 million.
- Torrid Holdings Inc. reported a net loss of $6.4 million, or ($0.06) per share, for the third quarter of fiscal 2025, compared to a net loss of $1.2 million, or ($0.01) per share, in the prior year's third quarter.
- Net sales decreased by 10.8% to $235.2 million in Q3 2025, with comparable sales decreasing by 8.3%.
- Adjusted EBITDA for Q3 2025 was $9.8 million, or 4.2% of net sales.
- The company updated its fiscal 2025 guidance, projecting net sales between $995 million and $1.002 billion and Adjusted EBITDA between $59 million and $62 million. Torrid also anticipates up to 180 store closures for fiscal 2025 and a $10 million exposure from higher tariffs after mitigating $40 million of a $50 million impact.
Quarterly earnings call transcripts for Torrid Holdings.
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