tiprankstipranks
Trending News
More News >

Torrid Holdings Completes Stock Repurchase and Underwriting Agreement

Story Highlights
Torrid Holdings Completes Stock Repurchase and Underwriting Agreement

Don’t Miss TipRanks’ Half-Year Sale

Torrid Holdings ( (CURV) ) has issued an announcement.

On June 24, 2025, Torrid Holdings Inc. entered into an Underwriting Agreement with certain stockholders and underwriters for the sale of 10,000,000 shares of common stock at $3.50 per share, closing on June 26, 2025. The company did not sell any securities in this offering and will not receive proceeds from the sale. Additionally, on June 23, 2025, Torrid Holdings agreed to repurchase $20 million of its common stock from Sycamore Partners Torrid, L.L.C., which was completed on June 26, 2025, with the shares held as treasury stock.

The most recent analyst rating on (CURV) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Torrid Holdings stock, see the CURV Stock Forecast page.

Spark’s Take on CURV Stock

According to Spark, TipRanks’ AI Analyst, CURV is a Neutral.

Torrid Holdings’ overall score reflects significant financial challenges and bearish technical indicators. While strategic initiatives, such as digital growth and stock repurchase, provide some optimism, the high leverage and declining store sales pose substantial risks.

To see Spark’s full report on CURV stock, click here.

More about Torrid Holdings

Torrid Holdings Inc. operates in the retail industry, focusing on offering plus-size fashion apparel and accessories. The company targets a market niche that caters to plus-size women, providing them with stylish and trendy clothing options.

Average Trading Volume: 388,435

Technical Sentiment Signal: Sell

Current Market Cap: $331M

Find detailed analytics on CURV stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1