Torrid Holdings specializes in plus-size women's apparel. 1Q24 results showed a 9% decrease in comparable sales, but improved margins and operating profits. Stock price has increased by 50%, but fundamentals have not improved, leading to a Hold rating.
Torrid Holdings Inc. (NYSE:CURV ) Q1 2024 Earnings Conference Call June 12, 2024 4:30 PM ET Company Participants Chinwe Abaelu - Chief Accounting Officer Lisa Harper - Chief Executive Officer Ashlee Wheeler - Chief Planning Officer Paula Dempsey - Chief Financial Officer Conference Call Participants Alex Straton - Morgan Stanley Corey Tarlowe - Jefferies Brooke Roach - Goldman Sachs Marni Shapiro - Retail Tracker Operator Greetings and welcome to the Torrid Holdings Inc. First Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Torrid Holdings (CURV) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.11 per share a year ago.