Torrid Holdings Inc. (CURV) Earnings Call Transcripts

Torrid Holdings Inc.'s Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal 2026, Torrid Holdings Inc. reported net sales of $245.8 million, slightly above guidance, and adjusted EBITDA of $17.6 million, at the high end of expectations. Comparable sales declined 1.7%, but excluding footwear, they increased by 1.2%. Management maintained its full-year guidance for net sales between $940 million and $960 million and adjusted EBITDA of $65 million to $75 million, indicating confidence in a stronger second half driven by improved customer acquisition and a revitalized footwear program.

Reported metrics

Guidance from management

Management maintained full-year guidance for net sales of $940 million to $960 million and adjusted EBITDA of $65 million to $75 million. They expect Q2 sales of $232 million to $240 million and adjusted EBITDA of $12 million to $16 million.

What management said

Ethan, this is Ashlee. So promotional activity in the first quarter was planned and actualized according to plan. In terms of forward view. We expect very much the same. So a certain level of promotions embedded within our guidance. And consistent with prior years that opening price point has allowed us to be less dependent on promotion to drive behavior or acceleration in product. So in terms of elevated levels of p...

Lorraine, this is Paula. So currently, we are not -- we're able to mitigate any pressure that we're seeing right now. And our guidance does contemplate that impact. But I would tell you that at this point, it's nothing substantial to the business. It's also worth noting that from a sourcing base, we're 70% DDP. So we have fully negotiated costs for 70% of our goods for the balance of the year. So we are protected fro...

What analysts pressed on

Analysts expressed concerns regarding the impact of promotions on gross margins and the overall consumer spending behavior in a dynamic macro environment. There were inquiries about the company's strategies to mitigate potential freight pressures and how these might affect margins moving forward.

Main topics on the call

• Revenue Performance — Torrid's Q1 net sales were $245.8 million, slightly above guidance. Management noted, "These results reflect disciplined execution across our strategic initiatives and importantly, signal progress in positioning us for c...
• Comparable Sales Trends — Total comparable sales declined 1.7% in Q1, but excluding footwear, they increased by 1.2%. Management stated, "Our fundamentally restructured footwear sourcing strategy and assortment mix is creating the first half comp...
• Store Optimization Program — The store optimization program is largely complete, with 171 closures since its initiation. Management highlighted, "We have strategically rightsized our store fleet to one that is more productive, aligned and better pos...
• Marketing and Customer Acquisition — Torrid is focusing on customer file growth through acquisition and retention strategies. Ashlee Wheeler mentioned, "We are executing against a fully integrated marketing strategy, every channel, every investment every ac...

Read the full Torrid Holdings Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Torrid Holdings Inc. earnings call transcripts on record, spanning September 8, 2021 to June 4, 2026. Based on this history, Torrid Holdings Inc. reports quarterly. The most recent call on file is dated June 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CURV

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

18

First call

September 8, 2021

Most recent

June 4, 2026

Reporting cadence

quarterly