secwatch.observer — SEC 8-K summary
======================================

Issuer:     Torrid Holdings Inc. (CURV)
CIK:        0001792781
Form:       8-K
Filed at:   2026-06-04T20:11:01+00:00
Accession:  0001792781-26-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Torrid Q1 net sales $245.8M (beat guide); net income $0.4M (down 93% YoY)
-------------------------------------------------------------------------

- Net sales of $245.8M, down 7.6% YoY; comparable sales down 1.7%.
- Net income $0.4M ($0.00 EPS) vs $5.9M ($0.06) in prior-year quarter.
- Adjusted EBITDA $17.6M (7.2% of sales), at high end of guidance; down from $27.1M (10.2%).
- Closed 20 stores; total store count 463 vs 632 a year earlier.
- Q2 guidance: net sales $232-240M, adj. EBITDA $12-16M; FY: net sales $940-960M, adj. EBITDA $65-75M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792781/000179278126000030/0001792781-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792781/000179278126000030/thi-20260604.htm
  HTML page:      https://secwatch.observer/filing/0001792781-26-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer