Torrid Earnings Reports

Torrid reported first-quarter fiscal 2025 results with net sales of $266.0 million and Adjusted EBITDA of $27.1 million, both within guidance. Net income was $5.9 million. The company is accelerating its digital transformation, including planning to close up to 180 underperforming stores, and sees positive results from its sub-brand strategy.

Torrid posted net sales of $275.56 million in Q4 2024, a 6.1% decrease year-over-year due to lower sales and the absence of last year's 53rd week. The company reported a net loss of $3.0 million and adjusted EBITDA of $16.7 million, exceeding guidance. Gross profit margin was 33.6%, down 90 basis points, primarily driven by lower sales volumes.