secwatch.observer — SEC 8-K summary
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Issuer:     Torrid Holdings Inc. (CURV)
CIK:        0001792781
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001628280-23-041063
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Torrid Q3 net sales $275.4M, net loss $2.7M; raises FY revenue and EBITDA outlook
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- Net sales fell 8.3% YoY to $275.4M; comparable sales declined 8%.
- Net loss of $2.7M ($0.03 per diluted share) vs net income of $7.3M ($0.07) in Q3 last year.
- Adjusted EBITDA was $19.4M (7.0% of sales), down from $32.1M (10.7%) a year ago.
- Raises FY23 outlook: net sales $1.125B-$1.140B, Adj. EBITDA $99M-$103M.
- Also promoted Paula Dempsey to CFO, effective December 4, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792781/000162828023041063/0001628280-23-041063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792781/000162828023041063/thi-20231207.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-041063

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