Torrid Holdings Q1 EPS $0.12 Up From $0.11 YoY; Net Sales $279.8M Down From $293.9M YoY
Portfolio Pulse from Benzinga Newsdesk
Torrid Holdings reported Q1 EPS of $0.12, up from $0.11 year-over-year, while net sales decreased to $279.8 million from $293.9 million year-over-year.
June 12, 2024 | 8:07 pm
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Torrid Holdings (CURV) reported mixed Q1 results with EPS increasing to $0.12 from $0.11 YoY, but net sales declining to $279.8M from $293.9M YoY.
The increase in EPS is a positive sign, indicating improved profitability. However, the decline in net sales is a concern, suggesting potential challenges in revenue generation. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100