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Torrid Holdings Inc. Q2 Income Increases In Line With Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Torrid Holdings Inc. (CURV) announced earnings for its second quarter that increased from last year in line with the Street estimates.

The company's bottom line came in at $8.328 million, or $0.08 per share. This compares with $6.629 million, or $0.06 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.6% to $284.638 million from $289.144 million last year.

Torrid Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $8.328 Mln. vs. $6.629 Mln. last year.
-EPS (Q2): $0.08 vs. $0.06 last year.
-Revenue (Q2): $284.638 Mln vs. $289.144 Mln last year.

-Guidance:
Next quarter revenue guidance: $280 to $285 Mln
Full year revenue guidance: $1.135 to $1.145 Bln

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