Torrid Holdings Q2 EPS $0.08 Beats $0.06 Estimate, Sales $284.64M Miss $285.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Torrid Holdings reported Q2 earnings per share of $0.08, beating estimates of $0.06, but sales of $284.64 million slightly missed the $285.37 million estimate. This represents a 33.33% increase in EPS and a 1.56% decrease in sales compared to the same period last year.
September 04, 2024 | 11:04 am
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Torrid Holdings' Q2 earnings per share of $0.08 beat expectations, but sales slightly missed estimates. EPS increased by 33.33% year-over-year, while sales decreased by 1.56%.
The earnings per share beat expectations, which is positive, but the sales miss and year-over-year sales decline could offset this. The mixed results may lead to a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100