---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-031538"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:32:08.150048+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 down 18.2% to $289.1M, net income falls to $6.6M, revises FY guidance

## Summary
- Net sales $289.1M (-18.2% YoY); comparable sales -18%; net income $6.6M ($0.06 EPS) vs $22.7M ($0.22) prior year.
- Adjusted EBITDA $32.2M (11.1% margin) vs $52.1M (14.7%) YoY; gross margin declined 168 bps to 35.5%.
- Q3 guidance: net sales $242-251M, adjusted EBITDA $11-15M; FY23 guidance: net sales $1.080-1.115B, adj. EBITDA $90-100M.
- Capex expected $35-40M for 30-40 new stores and tech; store count 639 at quarter end.

## SEC filing metadata
- accession: 0001628280-23-031538
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2023-09-06T23:59:59+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/1792781/000162828023031538/0001628280-23-031538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828023031538/thi-20230906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-031538
- JSON: https://secwatch.observer/filing/0001628280-23-031538.json
- Plain text: https://secwatch.observer/filing/0001628280-23-031538.txt

## Key facts
- Earnings Releases
  Torrid Holdings Inc. reported second quarter of fiscal year 2023 results: revenue $289.1 million, net income $6.6 million, EPS $0.06 per share.
  - Period: second quarter of fiscal year 2023
  - Revenue: $289.1 million
  - Net income: $6.6 million
  - EPS: $0.06 per share
  - Result: reported results
  source text: Torrid Reports Second Quarter Results • Delivered Second Quarter Net Sales of $289.1 million and Net Income of $6.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828023031538/0001628280-23-031538-index.htm

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