Torrid Holdings Inc. (CURV)
Torrid Holdings Inc. is a North American retailer specializing in plus-size women's clothing and undergarments. The company oversees the complete product lifecycle, from conceptualization and development to merchandising, for its items marketed under the Torrid and Torrid Curve labels. Its diverse apparel collection encompasses shirts, pants, dresses, denim, activewear, lingerie, sleepwear, swimwear, and outerwear. In addition to clothing, Torrid also offers non-apparel items such as accessories, footwear, and beauty products. The company engages directly with consumers through its online e-commerce platform and a network of physical retail outlets. As of January 29, 2022, Torrid operated 624 stores distributed across all 50 U.S. states, Puerto Rico, and Canada. Torrid Holdings Inc. was established in 2019, with its main corporate office located in City of Industry, California.
Sector: Retail-Apparel & Accessory Stores
Industry: Apparel - Retail
Torrid Holdings Inc.
NYSE:CURVConsumer Cyclical · Apparel - Retail
-4.65%$2.05
AH Close$2.05+0.00%vs close
AH Close$2.05+0.00%vs close
Mkt Cap$204.42M
Float33.89M
O/S99.72M
Inst Own90.3%
SI13.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1B
Net Income-$7.03M
Total Assets$400.34M
Free Cash Flow-$21.86M
Debt & Equity
Debt 195%
Total Debt$438.25M
Total Equity-$213.41M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CURV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$400.34M
Liabilities$613.75M
Accounts Receivable$2.95M
Accounts Payable$56.76M
Inventory$136.48M
PP&E (Net)$159.82M
Goodwill$0
Intangible Assets$8.4M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 |
| Revenue | $1B | $1.1B | $1.15B | $1.29B | $1.28B | $973.51M | $1.04B | $909.15M | $804.29M |
| YoY Growth | -9.4% | -4.2% | -10.6% | 0.7% | 31.4% | -6.1% | 14.1% | 13.0% | - |
| Cost of Revenue | $652.13M | $690.27M | $745.97M | $828.61M | $759.83M | $643.22M | $640.91M | $586.12M | $506M |
| Gross Profit | $347.96M | $413.47M | $405.98M | $459.54M | $518.97M | $330.3M | $396.07M | $323.03M | $298.3M |
| Gross Margin | 34.8% | 37.5% | 35.2% | 35.7% | 40.6% | 33.9% | 38.2% | 35.5% | 37.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $326.56M | $356.26M | $347.33M | $357.91M | $473.59M | $273.48M | $319.08M | $219.3M | $277.19M |
| Other | $0 | $0 | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $326.56M | $356.26M | $348.83M | $357.91M | $473.59M | $273.48M | $319.08M | $219.3M | $277.89M |
| Operating Income (EBIT) | $21.4M | $57.21M | $57.15M | $101.63M | $45.38M | $56.82M | $76.99M | $103.72M | $21.11M |
| Operating Margin | 2.1% | 5.2% | 5.0% | 7.9% | 3.5% | 5.8% | 7.4% | 11.4% | 2.6% |
| Interest Expense | $31.84M | $35.63M | $39.2M | $29.94M | $29.55M | $21.34M | $16.49M | $1.05M | $0 |
| Interest Income | $0 | $28K | $90K | $0 | $0 | $42K | $202K | $85K | $362K |
| Other Income (Expense) | -$30.96M | -$35.6M | -$39.11M | -$29.94M | -$29.55M | -$21.3M | -$16.29M | -$968K | -$1.06M |
| Income Before Tax (EBT) | -$9.56M | $21.6M | $18.04M | $71.68M | $15.83M | $35.53M | $60.7M | $102.75M | $20.05M |
| Income Tax Expense | -$2.53M | $5.29M | $6.42M | $21.47M | $45.77M | $10.99M | $18.83M | $16.04M | $19.21M |
| Net Income | -$7.03M | $16.32M | $11.62M | $50.21M | -$29.94M | $24.53M | $41.87M | $86.71M | $835K |
| Net Income Margin | -0.7% | 1.5% | 1.0% | 3.9% | -2.3% | 2.5% | 4.0% | 9.5% | 0.1% |
| Supplementary Data | |||||||||
| EPS | -0.07 | 0.16 | 0.11 | 0.48 | -0.27 | 0.22 | 0.38 | 0.79 | 0.01 |
| Diluted EPS | -0.07 | 0.15 | 0.11 | 0.48 | -0.27 | 0.22 | 0.38 | 0.79 | 0.01 |
| Weighted Average OS | 101.44M | 104.56M | 104.40M | 104.34M | 109.89M | 110.00M | 110.00M | 110.00M | 110.00M |
| EBITDA | $91.75M | $135.05M | $136.61M | $181.06M | $123.78M | $131.76M | $148.79M | $130.78M | $42.99M |
| EBITDA Margin | 9.2% | 12.2% | 11.9% | 14.1% | 9.7% | 13.5% | 14.3% | 14.4% | 5.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $20.02M | $48.52M | $11.73M | $13.57M | $29.02M | $122.95M | $28.8M | $9.18M | $7.53M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $20.02M | $48.52M | $11.73M | $13.57M | $29.02M | $122.95M | $28.8M | $9.18M | $7.53M |
| Accounts Receivable | $2.95M | $2.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $136.48M | $148.49M | $142.2M | $180.06M | $170.61M | $105.84M | $119.7M | $106.22M | $125.53M |
| Other Current Assets | $4.51M | $5.23M | $11.34M | $7.74M | $11.85M | $8.81M | $12.75M | $10.28M | $13.26M |
| Total Current Assets | $193.48M | $226.17M | $179.12M | $216.12M | $220.93M | $242.14M | $164.01M | $136.15M | $155.58M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $159.82M | $218.32M | $265.96M | $290.79M | $337.2M | $387.97M | $456.86M | $168.95M | $159.48M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $8.4M | $8.4M | $8.4M | $8.4M | $8.4M | $8.4M | $8.4M | $8.9M | $9.03M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $19.07M | $16.62M | $8.68M | $3.3M | $4.87M | $6.14M | $0 | $0 | $0 |
| Other Long-Term Assets | $19.57M | $18.93M | $14.78M | $8.65M | $7.1M | $3.56M | $6.72M | $3.26M | $2.46M |
| Total Long-Term Assets | $206.86M | $262.27M | $297.82M | $311.14M | $357.57M | $406.07M | $471.98M | $181.11M | $170.97M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $400.34M | $488.44M | $476.95M | $527.26M | $578.5M | $648.21M | $635.99M | $317.26M | $326.55M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $56.76M | $72.38M | $46.18M | $76.21M | $77.45M | $70.85M | $35.95M | $29.69M | $25.69M |
| Short-Term Debt | $47.16M | $16.14M | $23.41M | $24.52M | $20.52M | $11.51M | $9.03M | $15.48M | $12.34M |
| Current Income Tax Payable | $11.99M | $4.24M | $2.67M | $3.67M | $4.14M | $14.95M | $0 | $0 | $0 |
| Current Unearned Revenue | $2.49M | $2.78M | $1.95M | $1.47M | $2.88M | $1.51M | $2.36M | $0 | $0 |
| Other Current Liabilities | $11.06M | $10.33M | $11.3M | $10.95M | $10.25M | $14.47M | $13.79M | $42.46M | $33.65M |
| Total Current Liabilities | $248.94M | $263.13M | $232.11M | $267.33M | $297.01M | $261.11M | $186.58M | $130.73M | $119.97M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $256.26M | $272.41M | $288.55M | $304.7M | $320.84M | $193.41M | $240.39M | $0 | $15.31M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $7.66M | $9.24M | $11.45M | $12.26M | $10.86M | $8.98M | $6.87M | $0 | $53.45M |
| Total Long-Term Liabilities | $364.81M | $416.4M | $456.56M | $490.16M | $539.81M | $450.27M | $544.9M | $0 | $68.76M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $613.75M | $679.53M | $688.66M | $757.49M | $836.82M | $711.38M | $731.49M | $130.73M | $188.73M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.05M | $1.05M | $1.04M | $1.04M | $1.08M | $1.1M | $0 | $0 | $0 |
| Retained Earnings | -$338.3M | -$331.27M | -$347.59M | -$359.21M | -$377.76M | -$74.59M | -$98.02M | -$139.89M | -$227.61M |
| Comprehensive Income & Other | -$606K | -$898K | -$313K | -$261K | $76K | -$8K | -$10K | $19K | $153K |
| Other Stockholders' Equity | $123.84M | $139.13M | $134.83M | $127.94M | $118.36M | $10.32M | $2.52M | $266.31M | $365.43M |
| Total Equity | -$213.41M | -$191.09M | -$211.72M | -$230.22M | -$258.32M | -$63.17M | -$95.5M | $126.42M | $137.82M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $400.34M | $488.44M | $476.95M | $527.26M | $578.5M | $648.21M | $635.99M | $257.15M | $326.55M |
| Supplementary Data | |||||||||
| Total Debt | $438.25M | $466.63M | $511.28M | $547.43M | $595.18M | $503.79M | $585.46M | $15.48M | $27.65M |
| Net Debt | $418.22M | $418.1M | $499.55M | $533.86M | $566.15M | $380.84M | $556.65M | $6.3M | $20.12M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 |
| Operating Activities | |||||||||
| Net Income | -$7.03M | $16.32M | $11.62M | $50.21M | -$29.94M | $24.54M | $41.87M | $86.71M | $835K |
| Depreciation & Amortization | $69.47M | $77.81M | $79.37M | $79.43M | $78.4M | $74.89M | $71.6M | $26.98M | $21.89M |
| Deferred Income Tax | -$2.44M | -$7.94M | -$5.67M | $1.86M | $1.27M | -$2.33M | -$4.66M | $3.36M | $0 |
| Stock-Based Compensation | $5.21M | $7.63M | $8.04M | $9.98M | $159.75M | $7.79M | $11.99M | -$38.31M | $41.19M |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | -$5M | -$13.48M | $13.06M | $0 |
| Inventory | $9.03M | -$7.62M | $33.18M | -$12.03M | -$65.71M | $7.88M | -$17.41M | $9.69M | -$27.16M |
| Accounts Payable | -$15.41M | $27M | -$30.29M | -$1.24M | $5.64M | $37.85M | $5.31M | $4.54M | $0 |
| Other Working Capital | -$69.49M | -$36.51M | -$27.52M | -$75.99M | -$33.65M | $1.32M | $1.06M | $298K | -$3.07M |
| Total Working Capital Change | -$75.87M | -$17.12M | -$24.63M | -$89.26M | -$93.72M | $42.05M | -$24.51M | $27.59M | -$30.23M |
| Other Non-Cash Items | -$2.33M | $687K | -$25.96M | $1.09M | $5.47M | $4.87M | $2.8M | $8.76M | $14.67M |
| Net Cash from Operating | -$13.01M | $77.39M | $42.77M | $53.31M | $121.22M | $151.82M | $99.09M | $115.09M | $48.35M |
| Investing Activities | |||||||||
| Capital Expenditures | -$8.85M | -$14.39M | -$26M | -$23.37M | -$17.55M | -$11.57M | -$26.33M | -$40.51M | -$54.12M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | -$29.79M | $0 | $0 |
| Net Cash from Investing | -$8.85M | -$14.39M | -$26M | -$23.37M | -$17.55M | -$11.57M | -$56.12M | -$40.51M | -$54.12M |
| Financing Activities | |||||||||
| Debt Repaid | $17.5M | $17.5M | $17.5M | $21.88M | -$127.73M | $45.92M | -$248.56M | $15.31M | - |
| Common Stock Issuance | $0 | $1.04M | $399K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$20.09M | $0 | $0 | -$31.7M | -$23.35M | $0 | -$256.42M | -$60.67M | -$1.26M |
| Dividends Paid | $0 | $0 | $0 | $0 | -$300M | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$236K | -$774K | -$1.42M | $746K | $299.88M | $0 | $0 | $0 | $4.98M |
| Net Cash from Financing | -$7.18M | -$24.5M | -$18.52M | -$45.12M | -$197.81M | -$45.92M | -$23.34M | -$72.84M | $3.73M |
| Forex Effect | $563K | -$1.71M | -$53K | -$177K | $213K | -$110K | -$11K | -$63K | $52K |
| Net Change in Cash | -$28.48M | $36.79M | -$1.8M | -$15.35M | -$93.93M | $94.22M | $19.62M | $1.68M | -$1.99M |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$13.01M | $77.39M | $42.77M | $53.31M | $121.22M | $151.82M | $99.09M | $115.09M | $48.35M |
| Capital Expenditure | -$8.85M | -$14.39M | -$26M | -$23.37M | -$17.55M | -$11.57M | -$26.33M | -$40.51M | -$54.12M |
| Free Cash Flow | -$21.86M | $63M | $16.77M | $29.94M | $103.67M | $140.25M | $72.76M | $74.58M | -$5.77M |
| Cash at Beginning | $48.92M | $12.13M | $13.94M | $29.29M | $123.22M | $29M | $9.38M | $7.69M | $9.69M |
| Cash at End | $20.44M | $48.92M | $12.13M | $13.94M | $29.29M | $123.22M | $29M | $9.38M | $7.69M |