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Torrid Holdings (CURV)
NYSE:CURV
Earnings Data
Report Date
Jun 04, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.05Last Year’s EPS
0.12Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: -1.63%
|Next Earnings Date:Jun 04, 2025
Earnings Call Sentiment|Neutral
Torrid Holdings showed resilience and strategic growth through the successful launch of new sub-brands, improved financial positioning, and strategic store optimization. However, challenges in the macro environment and a decline in net sales present ongoing concerns. Despite these challenges, the positive developments in product offerings and financial health suggest cautious optimism for the future.Company Guidance
During the Torrid Holdings Fourth Quarter Fiscal 2024 Earnings Conference Call, several key financial metrics and strategic initiatives were discussed. Torrid achieved sales of $275.6 million and an adjusted EBITDA of $16.7 million for the quarter. The company ended fiscal 2024 with $48.5 million in cash, marking an increase of $36.8 million from the previous year. Inventory levels rose by 4% due to higher in-transit levels, but showed an 18% decrease over two years. For fiscal 2025, Torrid aims to close 40 to 50 underperforming stores while opening 4 to 8 new locations, focusing on outdoor shopping centers. The fiscal 2025 guidance projects sales between $1.080 billion and $1.100 billion and adjusted EBITDA between $100 million and $110 million. The company aims to capitalize on its new sub-brands, which are expected to account for 7% to 10% of total receipt investment, and plans to continue optimizing its product assortment, customer growth, and store fleet.Successful Launch of Sub-Brands
Three new sub-brands launched successfully in Q4, driving excitement and engagement among new and existing customers. These sub-brands are attracting younger customers, with new buyers averaging in their mid-30s.
Improved Financial Position
Torrid ended fiscal 2024 with $48.5 million in cash, an increase of $36.8 million year-over-year, and total liquidity of $158 million. Operating cash flow increased by 2x to $77.4 million from the previous year.
Positive Response to Product Assortments
Positive customer response to holiday and early spring lines, with newness across the product portfolio leading to improved regular price comp trends, which increased by 1.6%.
Strategic Store Optimization
Successfully closed 35 stores in fiscal 2024, with plans to close an additional 40 to 50 stores in fiscal 2025, optimizing retail footprint and reducing fixed costs.
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CURV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CURV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | $5.53 | $5.75 | +3.98% |
| Dec 03, 2024 | $4.58 | $3.43 | -25.11% |
| Sep 04, 2024 | $6.14 | $6.69 | +8.96% |
| Jun 12, 2024 | $6.60 | $6.65 | +0.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Torrid Holdings (CURV) report earnings?
Torrid Holdings (CURV) is schdueled to report earning on Jun 04, 2025, TBA Not Confirmed.
What is Torrid Holdings (CURV) earnings time?
Torrid Holdings (CURV) earnings time is at Jun 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CURV EPS forecast?
CURV EPS forecast for the fiscal quarter 2025 (Q1) is 0.05.
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