Torrid Holdings Inc. (CURV) Form 8-K — Jun 4, 2026
Torrid Holdings Inc. (NYSE: CURV) reported first quarter fiscal 2026 net sales of $245.8 million, slightly exceeding its guidance range, while comparable sales declined 1.7%, an improvement from the 3.5% decline in the prior year. The company delivered Adjusted EBITDA of $17.6 million, at the high end of its guidance, though this represents a significant 35% year-over-year decline from $27.1 million. Net income fell sharply to $0.4 million ($0.00 per share) from $5.9 million ($0.06 per share) in the prior year, driven by gross margin compression to 35.3% from 38.1% and higher operating expenses.
Key figures
- Eps
- 0
- Revenue
- 245800000
- Guidance
- Q2 FY2026 Net Sales: $232M-$240M; Adj EBITDA: $12M-$16M. Full Year FY2026 Net Sales: $940M-$960M; Adj EBITDA: $65M-$75M.
- Net Income
- 414000
- Cash Position
- 22841000
- Store Count
- 463
- Gross Margin
- 35.3
- Stores Closed
- 20
- Adjusted Ebitda
- 17639000
- Total Liquidity
- 100000000
- Adjusted Ebitda Margin
- 7.2
Price after filing
Close on the filing date to close N calendar days later (from $1.41). Historical, not a forecast.
AI analysis
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