Torrid Holdings Cuts FY23 Net Sales Outlook From $1.265B-$1.320B To $1.095B-$1.145B, Consensus $1.31B
Portfolio Pulse from Benzinga Newsdesk
Torrid Holdings has reduced its FY23 net sales outlook from $1.265B-$1.320B to $1.095B-$1.145B, below the consensus estimate of $1.31B.
June 07, 2023 | 8:21 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Torrid Holdings' lowered FY23 net sales outlook may negatively impact its stock price in the short term.
Torrid Holdings has cut its FY23 net sales outlook significantly below the consensus estimate, which may lead to a negative market reaction and a potential decline in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100