---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-024492"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:26:46.848384+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Torrid Q2 net sales +2% to $340.9M, but gross margin drops 1010 bps; FY guidance reduced

## Summary
- Q2 net sales $340.9M (+2% YoY); comparable sales +1% vs +30% last year.
- Gross margin 34.9% vs 45.0% due to increased discounts/inventory clearance and higher costs.
- Net income $22.7M ($0.22 EPS) vs $38.8M ($0.35 EPS); adjusted EBITDA $52.1M vs $86.5M.
- Full-year FY2022 outlook: net sales $1.26B-$1.30B, adjusted EBITDA $160M-$175M.
- Repurchased $8.8M of shares; ended Q2 with 627 stores.

## SEC filing metadata
- accession: 0001628280-22-024492
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792781/000162828022024492/0001628280-22-024492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828022024492/thi-20220907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-024492
- JSON: https://secwatch.observer/filing/0001628280-22-024492.json
- Plain text: https://secwatch.observer/filing/0001628280-22-024492.txt

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