Torrid surges 13% after Q2 EPS beats estimates
Torrid Holdings shares jumped 12.83% after hours to $2.52 after the retailer posted second-quarter EPS of $0.05, above the $0.01 estimate, and raised full-year guidance.
Torrid Holdings Inc. (NYSE: CURV ) shares jumped 12.83% to $2.52 in after-hours trading on Thursday after the California-based women’s apparel retailer posted second-quarter results, with earnings per share of $0.05 topping analyst estimates of $0.01 by 400%.
The direct-to-consumer brand, known for plus-size clothing, intimates and accessories, announced results for the quarter ended Aug.
1.
Revenue Slips, But Profit Triples Torrid posted revenue of $231.73 million, down 11.8% from a year earlier.
Revenue missed the $242.11 million estimate by 4.29%.
Net income more than tripled to $5.2 million, or $0.05 per share, compared to $1.6 million a year ago.
Growth was aided by an $11.4 million International Emergency Economic Powers Act (IEEPA) tariff refund, which lifted gross margin to 38.7% from 35.6% a year earlier.
Adjusted EBITDA rose to $23.3 million, or 10% of net sales.
CEO Lisa Harper said “sales trends improved meaningfully as the quarter progressed, with July marking a clear inflection point,” crediting merchandising course corrections, a stronger footwear inventory position, and early traction from the company’s third-party marketplace expansion and mobile app engagement.
Guidance Raise Tied to Tariff Refund Despite lower sales in the quarter, Torrid raised its full-year outlook, now projecting net sales between $940 million and $960 million and Adjusted EBITDA between $76 million and $86 million.
However, Harper clarified the raise stems solely from the tariff benefit, adding, “Excluding this benefit, our outlook is unchanged.” For the upcoming quarter, the company expects net sales of $230 million to $235 million.
It also expects Adjusted EBITDA to range from $15 million to $20 million.
Trading Metrics, Technical Analysis Torrid Holdings has a market capitalization of approximately $221.93 million.
Its stock has traded between a 52-week high of $2.86 and a 52-week low of $0.94.
CURV has a Relative Strength Index (RSI) of 49.06.
Over the past 12 months, the small-cap stock has fallen 6.30%.
CURV is currently positioned at about 67.2% of its 52-week trading range.
Price Action: The stock closed Thursday’s regular session at $2.23, down 1.76%, according to Pro data.
Edge Stock Rankings indicate that Torrid Holdings stock has a positive price trend across all time frames.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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