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Stock impact report

Torrid Holdings Posts Q3 Loss, Comparable Sales Decline 6.5% Y/Y [Yahoo! Finance]

Torrid Holdings Inc. (CURV) 
Company Research Source: Yahoo! Finance
While the top line declined year over year, the bottom line improved. The quarterly performance was impacted by the company's fall assortments, which lacked sufficient newness and novelty. Moreover, the market environment shifted significantly from the end of September into October. The soft performance prompted management to revise its guidance. Torrid Holdings posted a loss of 1 cent per share in the fiscal third quarter, which missed the Zacks Consensus Estimate of earnings of 3 cents. The company had recorded a loss of 3 cents per share in the year-ago period. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Torrid Holdings Inc. price-consensus-eps-surprise-chart | Torrid Holdings Inc. Quote Net sales of $263.8 million declined 4.2% year over year and missed the consensus mark of $283 million. Comparable sales decreased 6.5% year over year. Gross profit amounted to $95.2 million, up 4% from $91.5 million reported in the year-ago quarter. Also, th Show less Read more
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