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Stock impact report

Q3 Earnings Highlights: Torrid (NYSE:CURV) Vs The Rest Of The Apparel Retailer Stocks [Yahoo! Finance]

Torrid Holdings Inc. (CURV) 
Company Research Source: Yahoo! Finance
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the apparel retailer stocks, including Torrid (NYSE:CURV) and its peers. Apparel sales are not driven so much by personal needs but by seasons, trends, and innovation, and over the last few decades, the category has shifted meaningfully online. Retailers that once only had brick-and-mortar stores are responding with omnichannel presences. The online shopping experience continues to improve and retail foot traffic in places like shopping malls continues to stall, so the evolution of clothing sellers marches on. The 9 apparel retailer stocks we track reported a satisfactory Q3. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 2.1% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.9% since the latest earnings results. Weakest Q3: Torrid (NYSE:CURV) Promoting a message of body positivity an Show less Read more
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