Torrid shares jump as higher sales outlook lifts 2Q profit
Torrid Holdings rose 17% to $2.62 after guiding for higher-than-expected current-quarter sales and citing an unexpected tariff refund that boosted latest-quarter profit.
By Connor HartShares of Torrid Holdings climbed after the company guided for higher-than-expected sales in the current quarter, and said an unexpected tariff refund boosted profit in the latest quarter.The stock gained 17%, to $2.62, on Friday.
Shares have more than doubled in value year to date.Th…