Financial News
Torrid (CURV) Reports Earnings Tomorrow: What To Expect
Women’s plus-size apparel retailer Torrid Holdings (NYSE: CURV) will be reporting results tomorrow after the bell. Here’s what investors should know.
Torrid beat analysts’ revenue expectations by 4.2% last quarter, reporting revenues of $275.6 million, down 6.1% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.
Is Torrid a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Torrid’s revenue to decline 3.4% year on year to $270.2 million, improving from the 4.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.05 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Torrid has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Torrid’s peers in the apparel retailer segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Urban Outfitters delivered year-on-year revenue growth of 10.7%, beating analysts’ expectations by 2.5%, and Gap reported revenues up 2.2%, topping estimates by 1.3%. Urban Outfitters traded up 23% following the results while Gap was down 20.1%.
Read our full analysis of Urban Outfitters’s results here and Gap’s results here.
There has been positive sentiment among investors in the apparel retailer segment, with share prices up 13.9% on average over the last month. Torrid is down 3% during the same time and is heading into earnings with an average analyst price target of $5.36 (compared to the current share price of $5.24).
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