Torrid Holdings Posts Q3 Loss, Comparable Sales Decline 6.5% Y/Y
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Torrid Holdings reported a third-quarter loss with a 6.5% year-over-year decline in comparable sales. Despite this, the company saw gross profit expansion and modest growth in adjusted EBITDA.
December 04, 2024 | 4:45 pm
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NEGATIVE IMPACT
Torrid Holdings reported a Q3 loss with a 6.5% decline in comparable sales year-over-year. Despite the sales decline, the company achieved gross profit expansion and modest growth in adjusted EBITDA.
The decline in comparable sales and the overall loss are negative indicators for CURV's short-term stock performance. However, the expansion in gross profit and growth in adjusted EBITDA provide some positive aspects, though they may not be enough to offset the negative sentiment from the sales decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100