Torrid Holdings (CURV)
NYSE:CURV
Earnings Data
Report Date
Jun 10, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.01Last Year’s EPS
0.06Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call communicated meaningful structural progress: the company hit full‑year revenue guidance, beat adjusted EBITDA targets, materially reduced the store footprint and operating expenses, improved inventory discipline, and launched successful assortment initiatives (sub‑brands and opening price point) that are driving early positive trends. However, near‑term top‑line pressures are significant — Q4 comparable sales were down 10%, Q4 adjusted EBITDA and gross margin materially contracted, and FY2026 revenue guidance is below FY2025. Management expects these headwinds to be offset over time by cost savings, assortment and marketing initiatives, and a back‑half recovery (including footwear). Overall, positive operational and margin levers are balancing substantial near‑term demand and tariff challenges, leaving the picture mixed but with a clear path to profitability improvements.Company Guidance
Full-Year Revenue and EBITDA Targets Met/Exceeded
Reached top end of 2025 net sales guidance at $1,000,000,000 and exceeded the high end of adjusted EBITDA guidance with $63,600,000 (≈6.4% margin).
Store Optimization Delivered Material Cost Savings
Closed 151 stores in fiscal 2025 (85% of the up-to-180 target) and realized approximately $18,500,000 in lower operating expenses in 2025; expect an incremental ~$40,000,000 in annual expense savings as the program fully flows through in 2026.
Strong Liquidity and Inventory Discipline
Ended the year with $200,000,000 cash, $31,000,000 drawn on revolver and total liquidity of $84,900,000; inventory down 8% to $136,500,000, reflecting tighter receipt management and intentional store reductions.
Sub-Brand and Assortment Progress
Sub-brands generated over $70,000,000 in sales in 2025 and are projected to grow ~60% to ~$110,000,000 in 2026 (share of net sales rising from ~7% to ~12%); management called sub-brands margin-accretive and effective for acquisition/reactivation.
Opening Price Point (OPP) Strategy Driving Early Results
OPP represents ~30% of assortment (≈40% in stores) and is driving conversion and units-per-transaction (UPT) in both channels; management expects OPP to be a critical driver of reactivation, acquisition and frequency.
SG&A and Marketing Efficiency
SG&A declined $11,400,000 year-over-year to $62,400,000 and leveraged 40 basis points to 26.4% of sales; marketing investment moderated with guidance indicating marketing spend around 5.0%–5.5% of net sales.
Clear 2026 Profitability Roadmap
Management provided FY2026 guidance of net sales $940,000,000–$960,000,000 and adjusted EBITDA $65,000,000–$75,000,000 (implying up to ~140 bps margin expansion versus FY2025); Q1 adjusted EBITDA guide is $14,000,000–$18,000,000, signaling near-term operating leverage.
Loyalty and Reactivation Opportunity
Over 95% of active customers engaged in loyalty program and a large reactivation opportunity exists with ~7,000,000 lapsed customers reachable via owned channels; cost to reactivate via owned channels is ~1/3 the cost of a new paid acquisition.
Footwear Reintroduction Showing Early Success
Selective footwear relaunch sold out limited assortment and management reengineered sourcing and assortment to improve attachment rates and profitability; footwear expected to be a second‑half tailwind after front‑half headwinds.
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
CURV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 19, 2026 | $1.25 | $1.60 | +28.00% |
Dec 03, 2025 | $1.31 | $1.13 | -13.74% |
Jun 05, 2025 | $4.98 | $4.93 | -1.00% |
Mar 20, 2025 | $5.53 | $5.75 | +3.98% |
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.
FAQ
When does Torrid Holdings (CURV) report earnings?
Torrid Holdings (CURV) is schdueled to report earning on Jun 10, 2026, After Close (Confirmed).
What is Torrid Holdings (CURV) earnings time?
Torrid Holdings (CURV) earnings time is at Jun 10, 2026, After Close (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 2026 (Q1) is -0.01.