{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-029652","form_type":"8-K","ticker":"CURV","cik":"0001792781","company_name":"Torrid Holdings Inc.","filed_at":"2025-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.738008+00:00","generated_at":"2026-05-19T22:29:26.967246+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Torrid Q1 net sales down 4.9% to $266M; net income falls to $5.9M from $12.2M YoY","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-029652","json":"https://secwatch.observer/filing/0001628280-25-029652.json","markdown":"https://secwatch.observer/filing/0001628280-25-029652.md","text":"https://secwatch.observer/filing/0001628280-25-029652.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1792781/000162828025029652/0001628280-25-029652-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1792781/000162828025029652/thi-20250605.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T22:29:26.967246+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}