---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-027825"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2024-06-12T23:59:59+00:00"
generated_at: "2026-06-01T04:52:46.360596+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Torrid Q1 net sales down 4.8% to $279.8M; gross margin expands 360 bps, adj EBITDA beats guidance

## Summary
- Net sales of $279.8M vs $293.9M YoY; comparable sales down 9% (vs -14% prior year).
- Net income $12.2M ($0.12/diluted share) vs $11.8M ($0.11) a year ago.
- Adjusted EBITDA $38.2M (13.7% margin) vs $38.3M (13.0% margin); exceeded Q1 guidance.
- Gross profit margin 41.3%, up 360bps on lower product costs and more regular-price sales.
- Q2 outlook: net sales $280M-$285M, adj EBITDA $30M-$34M; FY24 net sales $1.135B-$1.155B.

## SEC filing metadata
- accession: 0001628280-24-027825
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2024-06-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792781/000162828024027825/0001628280-24-027825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828024027825/thi-20240612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-027825
- JSON: https://secwatch.observer/filing/0001628280-24-027825.json
- Plain text: https://secwatch.observer/filing/0001628280-24-027825.txt

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