Torrid Holdings Fiscal Q3 Net Loss Narrows, Sales Fall; Shares Drop After Hours

MT Newswires Live
2024-12-04

Torrid Holdings (CURV) reported a fiscal Q3 net loss Tuesday of $0.01 per diluted share, narrowing from the loss of $0.03 a year earlier.

Analysts polled by FactSet expected earnings of $0.03 per share.

Net sales in the three months ended Nov. 2 fell to $263.8 million from $275.4 million a year earlier.

Four analysts surveyed by FactSet expected $284.3 million.

The company expects Q4 net sales of $255 million to $270 million.

Four analysts polled by FactSet project $289.3 million.

The company expects full-year net sales of $1.08 billion to $1.1 billion.

Analysts surveyed by FactSet expect $1.13 billion.

The company's shares fell 19% in recent after-hours trading.

Price: 3.71, Change: -0.87, Percent Change: -19.00

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