Torrid Holdings Q1 EPS $0.11 Misses $0.12 Estimate, Sales $293.90M Miss $309.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Torrid Holdings (NYSE:CURV) reported Q1 earnings of $0.11 per share, missing the analyst consensus estimate of $0.12 by 8.33%. Sales were $293.90M, missing the $309.00M estimate by 4.89%. This is a 52.17% decrease in earnings compared to the same period last year.
June 07, 2023 | 8:07 pm
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NEGATIVE IMPACT
Torrid Holdings' Q1 earnings and sales missed analyst estimates, with earnings down 52.17% YoY. This may negatively impact the stock price in the short term.
Torrid Holdings reported lower-than-expected Q1 earnings and sales, missing analyst estimates. This underperformance, combined with a significant YoY decrease in earnings, is likely to negatively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100