Business TransformationManagement noted that phase one of its business transformation is nearly complete, with operational excellence initiatives implemented including product sourcing realignment and inventory level improvement.
Financial PerformanceCURV reported a margin-driven F1Q EBITDA beat with 1Q EBITDA $38.2 vs GS/FactSet at $34.3/$32.4.
Product ExecutionThe company is focused on product execution, pointing to three new capsule collections in January 2025, product offering expansion (denim/intimates), and appealing to a younger consumer while maintaining core customer loyalty.