Torrid Holdings Fundamentals Are Not Improving Much, But The Stock Is Optimistic. Still A Hold

MStudioImages/E+ via Getty Images Challenging 1Q24 results First, the company promoted two managers. Its CTO became COO, and its VP of Planning became the Chief Planning Officer. These announcements might have been influenced by the higher SG&A. Finally, at the brand level, Torrid launched a new campaign to find a model among its customers. The campaign is supposed to invite customers to the stores and increase brand awareness among its target demographics. In my last article, I provided a small model for T ...