Torrid Holdings (CURV) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.04 per share a year ago.
Torrid Holdings Inc. (NYSE:CURV ) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants Chinwe Abaelu - Chief Accounting Officer and Senior Vice President Lisa Harper - Chief Executive Officer Paula Dempsey - Chief Financial Officer Ashlee Wheeler - Chief Strategy and Planning Officer Conference Call Participants Brooke Roach - Goldman Sachs Dylan Carden - William Blair Katie Delahunt - Morgan Stanley Corey Tarlowe - Jefferies Dana Telsey - Telsey Advisory Group Operator Greetings, and welcome to the Torrid Holdings Incorporated Fourth Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
I am neutral on Torrid Holdings due to poor demand trends and a relatively expensive valuation. CURV's 3Q24 revenue fell by 4.2% y/y, with a 9th straight quarter of negative comparable sales growth, missing consensus estimates. Management must prove its ability to drive CSG acceleration in 4Q24, especially with significant new product introductions and a favorable holiday shopping season.
Torrid Holdings' Q3 2024 results were highly disappointing, with sales down 4.2% and comparable sales down 6.5%, leading to a 30% stock drop. The company faces a challenging Q4 with expected sales between $250 million and $270 million and operating and net losses. New assortments post-Christmas and in H1 2025 could potentially revive the brand, but the current valuation is barely fair, not attractive.
CURV's third-quarter results show gross profit expansion and modest adjusted EBITDA growth despite a soft top-line performance.
Start Time: 16:30 January 1, 0000 5:24 PM ET Torrid Holdings Inc. (NYSE:CURV ) Q3 2024 Earnings Conference Call December 03, 2024, 16:30 PM ET Company Participants Lisa Harper - CEO Paula Dempsey - CFO Ashlee Wheeler - Chief Strategy and Planning Officer Chinwe Abaelu - CAO and SVP Conference Call Participants Brooke Roach - Goldman Sachs Corey Tarlowe - Jefferies Dana Telsey - Telsey Advisory Group Alex Straton - Morgan Stanley Marni Shapiro - The Retail Tracker Operator Greetings, and welcome to the Torrid Holdings Incorporated Third Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Torrid Holdings (CURV) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.03 per share a year ago.
Torrid's success stems from its dominance in the plus-size fashion market, a vastly underserved segment.
Torrid Holdings (CURV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, NY / ACCESSWIRE / November 22, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Torrid Holdings Inc. ("Torrid" or the "Company") (NYSE:CURV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Torrid Holdings Inc. ("Torrid" or the "Company") (NYSE:CURV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / November 16, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Torrid Holdings Inc. ("Torrid" or the "Company") (NYSE:CURV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.