Torrid's updated fiscal 2026 guidance is tied entirely to its 2Q tariff windfall. The company now expects full-year Adjusted earnings before interest, taxes, depreciation, and amortization between $76 million and $86 million, up from earlier projections, but it's attributing the increase exclusively to the $11.1 million IEEPA refund. Excluding this benefit, management says its underlying operational outlook remains unchanged. Full-year net sales are projected between $940 million and $960 million. For the third quarter, Torrid expects net sales of $230 million to $235 million and Adjusted Ebitda of $15 million to $20 million.

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