Highest-materiality recent filing
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%.
Torrid Q4 net loss $8.1M, sales down 14.3%; FY2025 net loss $7.0M, closes 151 stores
Q4 net sales $236.2M, down 14.3% YoY; comparable sales -10%.
Torrid Q3 net sales down 10.8%, net loss widens to $6.4M; cuts FY2025 outlook
Net sales $235.2M (down 10.8% YoY); comp sales -8.3%; gross margin 34.9% vs 36.1%.
Torrid Q2 net sales $262.8M (-7.7%), net income $1.6M, cuts FY guidance on tariffs
Net sales decreased 7.7% to $262.8M; comparable sales down 6.9%; net income $1.6M ($0.02 EPS) vs $8.3M ($0.08 EPS) last year.
Underwritten public offering of 10,000,000 shares by selling stockholders; Torrid receives no proceeds.
Torrid Q1 net sales down 4.9% to $266M; net income falls to $5.9M from $12.2M YoY
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.
Torrid Q4 net loss narrows to $3M; FY2025 guidance calls for $1.08-1.10B revenue
Q4 net sales $275.6M, down 6.1% YoY (prior year had $21.7M 53rd-week benefit); comp sales -0.8%.
Torrid Q3 net sales down 4.2% to $263.8M; guides Q4 Adjusted EBITDA $9-15M
Comparable sales fell 6.5% YoY; net loss narrowed to $1.2M from $2.7M.
Torrid terminates EVP & Chief Creative Officer Muñoz-Guzman; $5M in separation benefits
Elizabeth Muñoz-Guzman's employment terminated effective October 4, 2024.
Torrid Holdings selling stockholders offer 8M shares at $4 per share; company gets no proceeds
Selling stockholders offered 8,000,000 shares at $4.00 per share; underwriters can buy up to 1,200,000 additional shares.
Torrid launches secondary offering of 8M shares by selling stockholders
Selling stockholders offer 8,000,000 shares; 30-day underwriter option for 1,200,000 additional shares.
Torrid Q2 net sales $284.6M (-1.6% YoY); adjusted EBITDA $34.6M above guidance
Net sales $284.6M, down 1.6% YoY; comparable sales -0.8%, but regular price comps +6.4%.
Torrid Q1 net sales down 4.8% to $279.8M; gross margin expands 360 bps, adj EBITDA beats guidance
Net sales of $279.8M vs $293.9M YoY; comparable sales down 9% (vs -14% prior year).
Torrid Q4 net sales $293.5M (-2.6% YoY); initiates FY2024 guidance with adj. EBITDA $106-116M
Q4 net loss $4.1M, adjusted EBITDA $16.4M (5.6% margin); comparable sales down 9%.
Torrid Q3 net sales $275.4M, net loss $2.7M; raises FY revenue and EBITDA outlook
Net sales fell 8.3% YoY to $275.4M; comparable sales declined 8%.
Torrid Holdings appoints Paula Dempsey as permanent CFO, effective Dec 4
Paula Dempsey, previously Interim CFO, named EVP and CFO effective December 4, 2023.
Torrid Q2 net sales down 18.2% to $289.1M, net income falls to $6.6M, revises FY guidance
Net sales $289.1M (-18.2% YoY); comparable sales -18%; net income $6.6M ($0.06 EPS) vs $22.7M ($0.22) prior year.
Torrid Q1 sales down 11.8% to $293.9M; Adj EBITDA $38.3M, cuts FY guidance
Net sales $293.9M (-11.8% YoY); comparable sales down 14%.
On October 4, 2024, the employment of Ms. Elizabeth Muñoz-Guzman, the Executive Vice President and Chief Creative Officer of Torrid Holdings Inc. (the “Company”), was terminated, effective as of October 4, 2024
Executive Vice President and Chief Commercial Officer, Mr. Mark Mizicko notified the Board of Directors of his intent to retire from his position at the Company effective as of June 14, 2024.
Mr. Hyon Park, age 51, was appointed Chief Operating Officer of the Company effective as of June 6, 2024
Paula Dempsey was appointed as the Executive Vice President and Chief Financial Officer of the Company, effective as of December 4, 2023
Max materiality 0.80 · Median 0.65 · Most common event earnings