secwatch.observer — SEC 8-K summary
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Issuer:     Torrid Holdings Inc. (CURV)
CIK:        0001792781
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0001628280-25-014123
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Torrid Q4 net loss narrows to $3M; FY2025 guidance calls for $1.08-1.10B revenue
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- Q4 net sales $275.6M, down 6.1% YoY (prior year had $21.7M 53rd-week benefit); comp sales -0.8%.
- Q4 net loss $3.0M ($0.03/share) vs $4.1M loss prior year; adjusted EBITDA $16.7M (6.1% of sales).
- FY2024 net income $16.3M ($0.16 EPS) vs $11.6M prior year; adjusted EBITDA $109.1M (9.9% of sales).
- FY2025 guidance: Q1 net sales $264-274M, adj. EBITDA $24-28M; FY net sales $1.08-1.10B, adj. EBITDA $100-110M.
- Year-end cash $48.5M; liquidity $158M; operating cash flow $77.4M, up 81% YoY; store count 634.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792781/000162828025014123/0001628280-25-014123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792781/000162828025014123/thi-20250320.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-014123

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