Torrid Q3 net sales down 10.8%, net loss widens to $6.4M; cuts FY2025 outlook

Torrid Holdings Inc.

2025-Q3 EPS reported $0.01 revenue$763,924,000

Net sales $235.2M (down 10.8% YoY); comp sales -8.3%; gross margin 34.9% vs 36.1%.
Net loss $6.4M ($0.06/share) vs $1.2M loss last year; Adjusted EBITDA $9.8M (4.2% of sales).
FY2025 guidance: net sales $995M-$1.002B, Adj. EBITDA $59M-$62M, up to 180 store closures.
Expects $50M tariff impact, $40M mitigated via sourcing/expense actions, leaving $10M exposure.
Store count 560 after 74 closures YTD; total liquidity $103.4M including revolver.

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