-=Torrid (CURV) reported earnings on Thur 28 March 24 (a/h)

 

Torrid beats by $0.04, beats on revs; guides Q1 revs below consensus; guides FY24 revs mostly above consensus

• Reports Q4 (Jan) loss of ($0.04A) per share, $0.04 better than the FactSet Consensus of ($0.08); revenues fell 2.6% year/year to $293.54 mln vs the $276.2 mln FactSet Consensus.
• Co issues downside guidance for Q1 (Apr), sees Q1 revs of $277-282 mln vs. $296.22 mln FactSet Consensus.
• Co issues in-line guidance for FY24, sees FY24 revs of $1.135-1.155 bln vs. $1.14 bln FactSet Consensus.