These Analysts Cut Their Forecasts On Torrid Holdings Following Q3 Loss
Torrid Holdings Inc. (NYSE:CURV) posted a loss for the third quarter on Wednesday.The California-based company reported a net loss of $6.4 million, or 6 cents per share, for the quarter ended Nov. 1, compared with a net loss of $1.2 million, or 1 cent per share, in the same quarter last year. Net sales fell 10.8% to $235.2 million from $263.8 million, while comparable sales declined 8.3%.Lisa Harper, Chief Executive Officer of Torrid Holdings, said, “Our third-quarter results fell short of our expectations ...