Torrid Holdings Inc news and archive

Torrid's net income rises despite sales decline in FY24

Women’s plus-size clothing brand Torrid recorded a net sales decrease of 4.2 percent to 1.1 billion dollars for the fiscal year 2024 with a comparable sales decrease of 4.5 percent compared to last year. However, net income rose to 16.3 million dollars or 16 cents per share, and adjusted EBITDA increased to 109.1 million dollars. The company...

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Torrid reports lower than expected sales for Q3

Torrid Holdings Inc. reported a net sales decline of 4.2 percent to 263.8 million dollars for its third quarter compared to 275.4 million dollars reported for the same period last year. Comparable sales dropped 6.5 percent during the 12 weeks to November 2, 2024 reported the direct-to-consumer plus-sized apparel, intimates, and accessories brand...

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Torrid reports lower than expected sales for Q3

Torrid Holdings Inc. reported a net sales decline of 4.2 percent to 263.8 million dollars for its third quarter compared to 275.4 million dollars reported for the same period last year. Comparable sales dropped 6.5 percent during the 12 weeks to November 2, 2024 reported the direct-to-consumer plus-sized apparel, intimates, and accessories brand...

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