earnings
confidence high
sentiment positive
materiality 0.80
Torrid Q2 net sales up 34% YoY to $332.9M; adj EBITDA rose 153% to $86.5M
Torrid Holdings Inc.
2021-Q2 EPS reported
$0.47
revenue$658,617,000
- Net sales $332.9M, +34% YoY and +29% vs Q2 2019; comparable sales +30% YoY.
- Gross profit margin 45.0% (vs 32.1% YoY); net income $38.8M ($0.35 basic EPS).
- Adjusted net income $39.1M ($0.36 basic EPS); adjusted EBITDA $86.5M (26.0% margin).
- Q3 guidance: net sales $305-315M, adj EBITDA $47-52M; FY21: net sales $1.29-1.31B, adj EBITDA $248-258M.
- Operating cash flow YTD $106.5M vs $61.4M; cash $50.5M; 25 new stores planned.