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Why Are Torrid Holdings (CURV) Shares Falling After Hours? - Torrid Holdings (NYSE:CURV)
Benzinga· 2025-12-04 06:32
Torrid Holdings Inc. (NYSE:CURV) shares fell 14.5% to $1.12 in after-hours trading on Wednesday after the retailer reported its third-quarter fiscal results.Check out the current price of CURV stock here.According to Benzinga Pro data, Torrid Holdings closed on Wednesday at $1.31, down 0.76%.Third Quarter Financial ResultsThe 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 ...
Tilly’s(TLYS) - 2026 Q3 - Earnings Call Transcript
2025-12-03 22:32
Tilly’s (NYSE:TLYS) Q3 2026 Earnings Call December 03, 2025 04:30 PM ET Company ParticipantsGar Jackson - Head of Investor RelationsNate Smith - CEOMichael Henry - EVP and CFOConference Call ParticipantsMatthew Butler Koranda - AnalystOperatorGood afternoon and welcome to Tilly's Third Quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, t ...
Torrid (CURV) - 2026 Q3 - Earnings Call Transcript
2025-12-03 22:32
Torrid (NYSE:CURV) Q3 2026 Earnings Call December 03, 2025 04:30 PM ET Company ParticipantsAshlee Wheeler - Chief Strategy and Planning OfficerPaula Dempsey - CFOLisa Harper - CEOChinwe Abaelu - Chief Accounting Officer and Senior VPJanine Stichter - Managing DirectorBrooke Roach - Managing DirectorDana Telsey - CEO and Chief Research OfficerAlex Straton - Managing DirectorCorey Tarlowe - Senior VPOperatorGreetings, and welcome to Torrid Holdings' third quarter fiscal 2025 earnings conference call. At this ...
Tilly’s(TLYS) - 2026 Q3 - Earnings Call Transcript
2025-12-03 22:32
Tilly’s (NYSE:TLYS) Q3 2026 Earnings Call December 03, 2025 04:30 PM ET Company ParticipantsGar Jackson - Head of Investor RelationsNate Smith - CEOMichael Henry - EVP and CFOConference Call ParticipantsMatthew Butler Koranda - AnalystOperatorGood afternoon and welcome to Tilly's Third Quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, t ...
Torrid (CURV) - 2026 Q3 - Earnings Call Transcript
2025-12-03 22:30
Financial Data and Key Metrics Changes - For Q3 fiscal 2025, the company reported net sales of $235 million, down from $263.8 million in the prior year, reflecting an 8.3% decline in comparable sales [14][15] - Adjusted EBITDA was $9.8 million, representing a margin of 4.2%, compared to $19.6 million and a margin of 7.4% a year ago [17] - The net loss for the quarter was $6.4 million, or $0.06 per share, compared to a net loss of $1.2 million, or $0.01 per share last year [17] Business Line Data and Key Metrics Changes - Strong performance was noted in denim, non-denim, dresses, and intimates, all generating positive comparable growth, while tops and jackets categories faced significant challenges [5][6] - Tops accounted for approximately half of the year-over-year sales miss, with shoes and jackets contributing 40% and 10% respectively [23][26] - The footwear category was paused due to tariff pressures, resulting in an estimated $12.5 million in lost sales for the quarter [8][9] Market Data and Key Metrics Changes - The company is experiencing a shift in consumer preferences, with a noted decline in purchases from loyal customers, particularly in the tops category [39] - Approximately 70% of demand is now originating online, indicating a significant shift in consumer shopping behavior [18] Company Strategy and Development Direction - The company is focused on enhancing product offerings through sub-brands and an opening price point strategy, aiming to increase market share and customer acquisition [9][10] - A comprehensive review of the spring-summer 2026 buying strategy has been completed, with a commitment to balance investments across categories [7] - The store optimization strategy continues, with 15 stores closed in Q3, bringing the total to 74 closures year-to-date, with an expectation of approximately 180 closures for the full year [12][18] Management's Comments on Operating Environment and Future Outlook - Management expressed disappointment with overall performance but emphasized that execution issues are within their control and are being addressed [4][5] - The company expects to see sequential improvement in knit and woven performance by the end of Q4, with a more disciplined approach to the footwear category anticipated to recapture lost sales [7][9] - Full-year net sales are now expected in the range of $995 million to $1.002 billion, with Adjusted EBITDA projected between $59 million and $62 million [19] Other Important Information - The company has implemented enhanced guardrails in the merchandising process to avoid future missteps and is actively addressing near-term assortment gaps [6][25] - Marketing investments increased by $2.7 million to $15.7 million, focusing on customer acquisition and brand visibility [16] Q&A Session Summary Question: Can you elaborate on some of the product missteps? - The merchandising missteps were primarily in the tops category, which accounted for about half of the total revenue miss for the quarter [23][24] Question: What caused the higher promotional activity in the digital channel? - The accelerated promotional activity was correlated to the miss in the tops space, leading to pressure on average unit retail [27][28] Question: What changes are being made to ensure a balanced assortment? - The company is embedding a balanced approach into the assortment architecture, with a focus on core products and solution-oriented items [34][35] Question: Have there been shifts in customer demographics? - Performance has remained consistent across demographics, but the most loyal customers have pulled back, particularly in the tops category [39] Question: What updates are there on the sub-brand strategy? - The sub-brand strategy remains unchanged, with positive momentum expected to continue into 2026 [44][45] Question: How will store closures affect the leverage profile? - Store closures will lead to a more flexible expense profile, with substantial EBITDA margin expansion expected in 2026 [46][47] Question: Can you elaborate on the expected EBITDA margin expansion? - The company anticipates significant EBITDA margin expansion due to cost reductions from store closures and improved operational efficiency [50][51]
Why American Eagle Outfitters Stock Surged Today
The Motley Fool· 2025-12-03 21:30
Sydney Sweeney and Travis Kelce are helping the apparel retailer attract more customers.Shares of American Eagle Outfitters (AEO +15.10%) popped on Wednesday after the clothing purveyor's profits topped investors' expectations.By the close of trading, AEO's stock price was up more than 15%. American Eagle's sales are strengtheningAEO's revenue rose 6% year over year to $1.4 billion in its fiscal third quarter ended Nov. 1, driven by new store openings and higher sales at existing locations. The company's to ...
American Eagle Analysts Boost Their Forecasts Following Better-Than-Expected Q3 Earnings - American Eagle Outfitters (NYSE:AEO)
Benzinga· 2025-12-03 17:26
American Eagle Outfitters Inc (NYSE:AEO) reported better-than-expected third-quarter results on Tuesday.American Eagle reported third-quarter revenue of $1.36 billion, beating analyst estimates of $1.32 billion, according to Benzinga Pro. The company reported third-quarter adjusted earnings of 53 cents per share, beating estimates of 44 cents per share."Strong momentum has continued into the fourth quarter, including an excellent start to the holiday season. We delivered a record-breaking Thanksgiving weeke ...
American Eagle Analysts Boost Their Forecasts Following Better-Than-Expected Q3 Earnings
Benzinga· 2025-12-03 17:26
American Eagle Outfitters Inc (NYSE:AEO) reported better-than-expected third-quarter results on Tuesday.American Eagle reported third-quarter revenue of $1.36 billion, beating analyst estimates of $1.32 billion, according to Benzinga Pro. The company reported third-quarter adjusted earnings of 53 cents per share, beating estimates of 44 cents per share."Strong momentum has continued into the fourth quarter, including an excellent start to the holiday season. We delivered a record-breaking Thanksgiving weeke ...
Can Burlington Stores' Burlington 2.0 Strategy Deliver Real Upside?
ZACKS· 2025-12-03 16:25
Key Takeaways Q3 sales rose 7% with comps up 1%, while gross margin expanded 30 bps to 44.2%.Sourcing and SG&A efficiencies drove a 60 bps EBIT margin gain under Burlington 2.0.BURL raised FY25 margin guidance and plans 104 new stores in 2025 and 110 in 2026.Burlington Stores, Inc. (BURL) is advancing its Burlington 2.0 strategy, with a strong focus on enhanced merchandising tools, planning capabilities and supply chain efficiencies. This strategic shift is already yielding meaningful benefits for the compa ...
American Eagle Q3 sales beat estimates, raises full-year outlook
Proactiveinvestors NA· 2025-12-03 15:53
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...