---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-031581"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:39:06.074107+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Torrid Q3 net sales $290M (-5.3%), adj. EBITDA $32.1M; lowers FY outlook

## Summary
- Net sales decreased 5.3% to $290.0M; comparable sales down 8%.
- Gross profit margin 31.6% vs 40.9% a year ago, pressured by higher discounts.
- Net income $7.3M ($0.07 EPS) vs net loss of $58.9M in Q3 last year.
- Adjusted EBITDA $32.1M (11.1% of sales) vs $55.2M (18.0%) in Q3 last year.
- Q4 guidance: net sales $285-300M, adj. EBITDA $9-14M; full year adj. EBITDA $145-150M.

## SEC filing metadata
- accession: 0001628280-22-031581
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1792781/000162828022031581/0001628280-22-031581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828022031581/thi-20221208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-031581
- JSON: https://secwatch.observer/filing/0001628280-22-031581.json
- Plain text: https://secwatch.observer/filing/0001628280-22-031581.txt

## Key facts
- Earnings Releases
  Torrid Holdings Inc. reported the quarter ended October 29, 2022 results: revenue $290.0 million, net income $7.3 million, EPS $0.07 per share.
  - Period: the quarter ended October 29, 2022
  - Revenue: $290.0 million
  - Net income: $7.3 million
  - EPS: $0.07 per share
  - Result: reported results
  source text: Net sales decreased 5.3% to $290.0 million compared to the third quarter of last year. Comparable sales 1 decreased 8% in the third quarter. · Gross profit margin was 31.6% compared to 40.9% in the third quarter of last year. Approximately 850 basis points of the decline was due to higher discounts and promotions related to inventory clearance activity compared to last year. The remainder of the decline was inflationary and related to higher product and transportation costs which were partially offset by pricing actions. · Net income was $7.3 million, or $0.07 per share, compared to net loss of $58.9 million, or a loss of $0.54 per share in the third quarter of last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828022031581/0001628280-22-031581-index.htm
- Earnings Releases
  Torrid Holdings Inc. reported the full year fiscal 2022 results: revenue between $1.244 billion and $1.259 billion. Guidance lowered.
  - Period: the full year fiscal 2022
  - Revenue: between $1.244 billion and $1.259 billion
  - Guidance: lowered
  - Result: guidance update
  source text: For the full year fiscal 2022 the Company now expects: · Net sales between $1.244 billion and $1.259 billion. · Adjusted EBITDA 2 between $145 million and $150 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828022031581/0001628280-22-031581-index.htm
- Earnings Releases
  Torrid Holdings Inc. reported the fourth quarter of fiscal 2022 results: revenue between $285 million and $300 million. Guidance initiated.
  - Period: the fourth quarter of fiscal 2022
  - Revenue: between $285 million and $300 million
  - Guidance: initiated
  - Result: guidance update
  source text: For the fourth quarter of fiscal 2022 the Company expects: · Net sales between $285 million and $300 million. · Adjusted EBITDA 2 between $9 million and $14 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828022031581/0001628280-22-031581-index.htm

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