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Torrid Holdings Inc. (CURV) Tops Q3 EPS by 2c, raises outlook

December 7, 2023 4:06 PM EST

Torrid Holdings Inc. (NYSE: CURV) reported Q3 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $275.4 million versus the consensus estimate of $245.81 million.

Outlook

For the fourth quarter of fiscal 2023 the Company expects:

Net sales between $267 million and $283 million, versus the consensus of $245.8 million.
Adjusted EBITDA(1) between $9 million and $13 million.

For the full year fiscal 2023 the Company expects:

Net sales between $1.125 billion and $1.140 billion, versus the consensus of $1.094 billion.
Adjusted EBITDA(1) between $99 million and $103 million.
Capital expenditures between $25 million and $30 million reflecting infrastructure and technology investments as well as between 34 and 36 new stores for the year.

For earnings history and earnings-related data on Torrid Holdings Inc. (CURV) click here.



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