---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013618"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:23:36.322805+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Torrid Q4 net sales $293.5M (-2.6% YoY); initiates FY2024 guidance with adj. EBITDA $106-116M

## Summary
- Q4 net loss $4.1M, adjusted EBITDA $16.4M (5.6% margin); comparable sales down 9%.
- Full year net sales $1.15B (-10.6%); net income $11.6M vs $50.2M; adj. EBITDA $106.2M.
- FY2024 outlook: net sales $1.135-1.155B, adj. EBITDA $106-116M, capex $20-25M.
- Q4 gross margin improved 250 bps to 34.5% on better product margins.
- Store count 655; opened 23 stores, closed 11 during Q4.

## SEC filing metadata
- accession: 0001628280-24-013618
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792781/000162828024013618/0001628280-24-013618-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828024013618/thi-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013618
- JSON: https://secwatch.observer/filing/0001628280-24-013618.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013618.txt

## Key facts
- Earnings Releases
  Torrid Holdings Inc. updated its the fourth quarter of fiscal year 2023 guidance (initiated).
  - Period: the fourth quarter of fiscal year 2023
  - Guidance: initiated
  - Result: reported results
  source text: On March 28, 2024, Torrid Holdings Inc. (the “Company”) issued a press release announcing, among other things, the Company’s financial results for the fourth quarter of fiscal year 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828024013618/0001628280-24-013618-index.htm

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