Welcome to our dedicated page for Torrid Holdings news (Ticker: CURV), a resource for investors and traders seeking the latest updates and insights on Torrid Holdings stock.
Torrid Holdings Inc. (Symbol: CURV) is a prominent retail destination in North America, specializing in fashion apparel, accessories, swimwear, and lingerie specifically crafted for young, stylish women in sizes 12 to 28. The company is renowned for its dedication to fit and quality, offering a broad array of products that include tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories.
Founded with a clear mission to empower women and celebrate their individual style, Torrid has rapidly grown to become the fastest-growing plus-size brand in fashion. The company operates over 280 stores across the United States and continues to expand, creating more opportunities for its over 3,000 associates. These dedicated, creative, and passionate individuals are committed to delivering exceptional customer service and creating fashion inspired by and tailored to their customers' needs.
Torrid's direct-to-consumer business model leverages an extensive e-commerce platform alongside physical stores to reach its target demographic of women aged 27 to 42 years old. This strategy not only broadens its market reach but also enhances customer convenience and engagement.
The company's recent achievements include expanding its product lines and enhancing its online shopping experience, leading to increased customer satisfaction and loyalty. Torrid is also focused on sustainable growth and consistently looks for new ways to innovate and improve its offerings.
Part of Torrid's appeal lies in its unique ability to change lives through fashion. The company views its role not just as a retailer, but as a community builder that empowers women to express themselves confidently and beautifully.
Latest News:
- New store openings across various states.
- Introduction of a new swimwear line.
- Collaborations with prominent fashion designers.
- Launch of enhanced mobile shopping app.
For more information about career opportunities at Torrid, visit www.hottcareers.com.
Torrid Holdings Inc. (NYSE: CURV) will release its second quarter fiscal 2022 financial results after market close on September 7, 2022. A conference call is scheduled for 4:30 p.m. Eastern Time that same day to discuss the results. Interested participants can join the call by dialing provided numbers, and a live webcast will be available on the company's investor site. A replay will be accessible two hours post-call until September 14, 2022. Torrid specializes in apparel, intimates, and accessories for curvy women sizes 10 to 30.
Torrid Holdings Inc. (NYSE: CURV) announced the appointment of Tim Martin as COO and CFO, and Hyon Park as CTO, effective September 12, 2022. CEO Lisa Harper emphasized the importance of building a strong leadership team for sustainable growth. The company updated its sales and EBITDA guidance for Q2 2022, projecting net sales between $335 million and $340 million (down from $350-$360 million) and adjusted EBITDA between $49 million and $51 million (previously $53-$58 million), due to slowed store traffic and shipping disruptions.
Torrid Holdings Inc. (NYSE: CURV) announced its participation in a fireside chat at the Jefferies Consumer Conference on June 20, 2022, at 8:00 am Eastern Time. CEO Lisa Harper will represent the company in this discussion, which will be available via live webcast. Torrid focuses on providing stylish apparel and accessories for curvy women, specifically targeting sizes 10 to 30, with an emphasis on fit and quality. The online archive of the chat will be accessible for 30 days post-event.
Torrid Holdings Inc. (NYSE: CURV) reported first-quarter financial results, exceeding sales and EBITDA guidance despite challenges. Net sales rose 1% year-over-year to $328.4 million, while net income increased to $24.1 million, or $0.23 per share. However, gross profit margin fell to 38.1% from 44.5% due to higher discounts and costs. The company repurchased $23 million in stock and opened 4 new stores, totaling 625 locations. For Q2 2022, Torrid expects net sales of $350-$360 million and adjusted EBITDA of $53-$58 million, while forecasting full-year net sales of $1.3-$1.365 billion.
Torrid Holdings Inc. (NYSE: CURV) announced its participation in the Baird 2022 Global Consumer, Technology and Services Conference on June 8, 2022, at 2:35 pm Eastern Time. CEO Lisa Harper, Interim CFO Tanner MacDiarmid, and SVP Vince Adams will engage in a fireside chat. The event will be webcast live, with an archive available for 90 days post-event. Torrid, specializing in apparel for curvy women sizes 10 to 30, focuses on high-quality, well-fitting products targeting women aged 25 to 40.
Torrid Holdings, a direct-to-consumer apparel brand catering to women sizes 10 to 30, will release its Q1 2022 financial results after market close on June 7, 2022. A conference call to discuss these results is scheduled for 4:30 p.m. ET on the same day, with dial-in options provided. Interested parties can access a live webcast of the call on the Company's investor relations page. A replay will be available for a week following the call.
Torrid Holdings reported a 5.5% increase in Q4 2021 net sales to $313.9 million and a 31.4% increase in full-year net sales to $1.28 billion. However, the company faced challenges from Omicron, causing approximately $14 million in sales delays and a gross profit margin drop to 31.6%. The net loss for Q4 was $22.8 million ($0.21 per share), exacerbated by a 328.1% effective tax rate due to a one-time charge. Looking ahead, Torrid expects Q1 net sales of $295-$305 million and full-year sales between $1.30-$1.365 billion.
Torrid Holdings Inc. (NYSE: CURV) announced its fourth quarter and fiscal 2021 financial results will be released after market close on March 17, 2022. A conference call is scheduled for 4:30 p.m. Eastern Time the same day to discuss the results. The call can be accessed by dialing (877) 407-9208 or (201) 493-6784 for international participants. A replay will be available until March 24, 2022. Torrid specializes in direct-to-consumer apparel, targeting curvy women sizes 10 to 30, and offers a range of products including tops, denim, and accessories.
Torrid Holdings Inc. (NYSE: CURV) has revised its financial outlook for the fourth quarter and fiscal year ending January 29, 2022. The company now expects net sales of
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