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

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.

You May Also Be Interested In

• Nvidia pitches Vera CPU to Chinese clients with August delivery target
• Dollarama Inc. (DOL:CN) (DLMAF) PT Raised to Cdn$221 at BMO Capital
• Investing.com’s stocks of the week