---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-016447"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2022-06-07T23:59:59+00:00"
generated_at: "2026-06-25T04:01:38.276116+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Torrid beats Q1 net sales and EBITDA guidance but gross margin down 640 bps

## Summary
- Net sales $328.4M (+1% YoY) and Adj. EBITDA $51.8M (15.8% of sales) exceeded guidance.
- Gross profit margin 38.1% vs 44.5% last year, pressured by higher promotions and supply-chain costs.
- Repurchased $23M of common stock under existing buyback program.
- Q2 FY22 guidance: sales $350-360M, Adj. EBITDA $53-58M; full-year sales $1.30-1.365B, Adj. EBITDA $195-220M.
- Comparable sales declined 2% in Q1; store count 625 after opening 4 new locations.

## SEC filing metadata
- accession: 0001628280-22-016447
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2022-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792781/000162828022016447/0001628280-22-016447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828022016447/thi-20220607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-016447
- JSON: https://secwatch.observer/filing/0001628280-22-016447.json
- Plain text: https://secwatch.observer/filing/0001628280-22-016447.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.