Torrid Holdings Inc. (CURV) Q3 2026 Earnings Call Transcript
Torrid Holdings (CURV) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to a loss of $0.01 per share a year ago.
Torrid Holdings (CURV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Torrid Holdings Inc. posted a disappointing Q2, with comparable sales dropping 7%, a steeper decline than in Q1. Margins are under significant pressure, reflecting operational and competitive challenges in the current environment. The worsening comps and margin contraction highlight ongoing struggles to regain momentum and profitability.
Torrid Holdings (CURV) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.08 per share a year ago.
The heavy selling pressure might have exhausted for Torrid Holdings (CURV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Torrid Holdings (CURV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Torrid Holdings (CURV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Torrid Holdings (CURV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
I maintain my Hold rating on CURV due to worsening macro conditions and persistent near-term demand headwinds. CURV's digital and sub-brand strategies are gaining traction, with digital sales rising and new collections outperforming expectations. Aggressive store closures and digital focus should improve margins long-term, but near-term sales and margins remain pressured by weak consumer spending.
Torrid Holdings Inc.'s Q1 results were weak, with comps down 3.5%, gross margin collapsing due to heavy promotions, and a full exit from footwear. The company will close 30% of its stores in 2024, highlighting poor store economics and ongoing struggles with in-store traffic and profitability. Digital sales now comprise 70% of revenue, but this shift exposes Torrid to fierce e-commerce competition and higher customer acquisition costs.
Torrid Holdings faces declining revenue, shrinking store count, and worsening cash flows, making the current environment highly uncertain and risky for investors. Management's aggressive shift to e-commerce and sub-brand launches could pay off, but past online sales have declined, and execution risk remains high. Tariffs and the temporary exit from the shoe category will further pressure revenue and profitability, despite cost-cutting efforts and sourcing changes.