Torrid Holdings, Inc. ( (CURV) ) has released its Q3 earnings. Here is a breakdown of the information Torrid Holdings, Inc. presented to its investors.
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Torrid Holdings, Inc. is a direct-to-consumer brand in North America, specializing in stylish apparel, intimates, and accessories for women sizes 10 to 30, offering fashionable and affordable options for curvy women.
In its third-quarter earnings report for 2025, Torrid Holdings, Inc. reported net sales of $235.2 million, a decrease of 10.8% compared to the same period last year, and a net loss of $6.4 million. The company attributed the underperformance to execution missteps but noted corrective actions are underway.
Key financial metrics revealed a decline in comparable sales by 8.3% and a decrease in gross profit margin to 34.9%. Adjusted EBITDA also fell to $9.8 million from $19.6 million in the previous year. The company closed 74 stores, ending the quarter with 560 locations, as part of its store optimization strategy.
Looking forward, Torrid plans to focus on strengthening its merchandising strategies, rebalancing its product assortment, and enhancing customer acquisition and loyalty initiatives. The company remains optimistic about improving performance and profitability while navigating macroeconomic challenges.
Torrid’s management is committed to executing its strategic initiatives with urgency, aiming to deliver long-term value for both customers and shareholders.