earnings
confidence high
sentiment negative
materiality 0.65
Torrid Q1 net sales down 4.9% to $266M; net income falls to $5.9M from $12.2M YoY
Torrid Holdings Inc.
2025-Q1 EPS reported
$0.06
revenue$265,965,000
- Net sales $266.0M (-4.9% YoY); comparable sales -3.5%; net income $5.9M ($0.06 EPS) vs $12.2M ($0.12 EPS) prior year.
- Gross margin 38.1% vs 41.3% YoY; Adjusted EBITDA $27.1M (10.2% of sales) vs $38.2M (13.7%).
- Plans to close up to 180 underperforming stores in FY2025; store count at quarter end 632.
- Full-year FY2025 guidance: net sales $1.030-1.055B, Adjusted EBITDA $95-105M, capex $10-15M.
- Net tariff impact of $20M to be fully offset; pausing China-sourced shoe category with $40-45M revenue reduction, neutral EBITDA.