
Torrid Holdings: Fiscal Q1 Earnings Snapshot
CITY OF INDUSTRY, Calif. (AP) — CITY OF INDUSTRY, Calif. (AP) — Torrid Holdings Inc. (CURV) on Thursday reported fiscal first-quarter earnings of $5.9 million.
The City Of Industry, California-based company said it had profit of 6 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The women's apparel retailer posted revenue of $266 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $269.6 million.
For the current quarter ending in July, Torrid Holdings said it expects revenue in the range of $250 million to $265 million.
The company expects full-year revenue in the range of $1.03 billion to $1.06 billion.
_____

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNET
an hour ago
- CNET
Apple Releases Its Most Comfortable Products Ahead of WWDC 2025: New Merch!
WWDC 2025, Apple's annual developer conference, kicks off in just a matter of hours with a keynote at 10 a.m. PT on Monday, June 9. But before Apple CEO, Tim Cook, takes his first step onstage at Apple Park, the company has dropped a bunch of new limited edition merchandise as documented by a number of people on social media. One of the quieter yearly rituals for WWDC is the release of Apple branded clothing and souvenirs. The Apple Park visitor center has an Apple Store that usually has a number of limited edition shirts, hoodies and more that WWDC attendees can buy. This year's offerings feature riffs on Apple's original rainbow logo on a black or white hoodie that truly makes it pop. There's another version of the logo with the word Apple written in the Apple Garamond font which you don't need to be a font nerd to appreciate. Seeing the company embrace its past for Apple enthusiasts and developers is exciting, especially ahead of one of the more significant WWDC keynotes. There is a lot at stake for the iPhone maker. Analysts question Apple's progress with Apple Intelligence. The US Department of Justice and 16 state and district attorneys general have a suit against Apple alleging that the company locked iPhone owners into its ecosystem through monopolistic practices. And President Donald Trump has threatened a 25% tariff on the iPhone if Apple doesn't move iPhone manufacturing to the US. Aside from WWDC 2025 merch, we expect to see previews of the next generation of iPhone, Mac and Apple Watch software (and more). Rumors point to Apple changing how it names the software. Instead of iOS 19 and WatchOS 12, we'll likely get year-centric names like iOS 26 and WatchOS 26. Also the company is expected to bring an unifying visual overhaul to all of its OSes that is inspired in part from VisionOS, as reported by Bloomberg's Mark Gurman. CNET has editors and writers attending WWDC 2025 in-person to report on developments as they break.
Yahoo
an hour ago
- Yahoo
London must ‘market its successes better' to avoid another Wise
Britain must emulate the success of Nasdaq and get better at trumpeting its business success stories if it wants to attract more companies to list in London, one of the UK's top fintech venture capital investors has said. Speaking to City AM the day that payments darling Wise revealed plans to ditch its primary listing for New York, Anthemis founder Amy Nauiokas said the London Stock Exchange (LSE) should try emulate the support promotion the US's tech-heavy bourse gives its new constituents. 'It's not brain surgery,' said Nauiokas, whose firm has been an early-stage backer of fintech success stories like Etoro, Zoopla and Tide. 'They [the LSE] need to promise UK entrepreneurs that there's a path here, and that they'll support them, build an ecosystem around them, and give the perks that the Nasdaq gives them.' London capital markets have been locked in a multi-year struggle to attract and retain some of its brightest companies. Since the start of 2024 alone, cherished listed firms like Darktrace, TUI and most DS Smith have all delisted or been taken private from the capital's stock market. And promising UK-headquartered scale-ups like Arm have opted to list in New York over London, with other darlings like Revolut and Klarna looking likely to follow suit. Departed firms have tended to cite London's stubbornly low valuations and lower liquidity relative to its US rivals, but Nauiokas argued that the lengths to which New York goes to promote and celebrate its new additions was just as important a factor. Commenting on the Nasdaq's custom of advertising its fresh listings in New York's Time Square, she said: 'Half the reason why people go there is so they get to see their their picture on 45th Street.' Her comments ring true with the rationale for ditching London given by Wise, which floated in the UK to great fanfare in 2021. Billionaire cofounder Kristo Kaarmannder said a US listing would help raise Wise's profile in the country as it joins the many London-based fintech giants looking to expand their services in the world's largest market. 'We believe the addition of a primary US listing would help us accelerate our mission and bring substantial strategic and capital market benefits to Wise and our owners,' he said in the firm's statement announcing its planned departure. Nauiokas, whose firm invests in start-ups in both the US and UK with offices in both New York and London, said she understood the Wise board's decision, adding that were she a secondary capital and pre-IPO dealmaker, she 'would probably say the best option right now was either a dual listing or a US-based IPO'. But despite the downbeat rhetoric surrounding the London Stock Exchange, she added that the ongoing political turmoil in America was something on which London – and Europe as a whole – should be poised to capitalise. 'It strikes me that all the opportunity is here [in London],' she said. 'This is a moment. A moment for investors to find great entrepreneurs and make money, but also a moment for regulatory navel gazing – government navel gazing – private partnership navel gazing – to say we could do something here. Let's do something.' Family offices and institutional money are increasingly looking to reduce the weighting of US assets in their portfolio in response to the capricious and unpredictable policy directives from the White House, Nauiokas said. Many ultra-rich families have re-weighted their portfolios from an '80/20 North America to Europe to now 50/50'. 'I'm super excited about the UK specifically. But it needs to take this moment of market geopolitical dislocation,' she said, adding: 'The LSE can do a much better job of reshaping its proposition, and the government needs to get rid of stamp duty on shares.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


New York Post
2 hours ago
- New York Post
New Manhattan homes for menswear stores Charles Tyrwhitt, Tom Ford
London-based menswear store Charles Tyrwhitt is moving from 437 Madison Ave. to RFR Realty's 477 Madison, doubling its space in the process. Tyrwhitt signed for 3,800 square at the East 51st Street corner. The deal was handled for the landlord by MONA, a retail brokerage backed by RFR's Aby Rosen. Cushman & Wakefield acted for the tenant. Charles Tywhitt has a half-dozen Manhattan locations. Advertisement The building's offices are mostly leased. Recent signings include for Treville Capital and Fiera Capital. 477 Madison Ave. will be the new home menswear store Charles Tyrwhitt. One more Park Avenue office address has filled up. Advertisement Tom Ford Fashion signed a 10-year, 11,118 square-foot lease at SL Green's 500 Park Ave., bringing the landmarked, 201,000 square-foot building at East 59th Street to 100% leased. Tom Ford Fashion has signed a 10-year lease for 500 Park Ave., above. Brian Zak/NY Post Advertisement Other office tenants include The Georgetown Company, Vera Wang and Friedland Properties. Furniture store FRATO's flagship showroom is the retail tenant. Meanwhile, the former Hammacher Schlemmer headquarters building at 145 E. 57th St. can also boast 100% occupancy. Data Science Innovators took 5,067 square feet, landlord ABS Partners announced. Danish furniture maker Carl Hansen & Son replaced Hammacher Schlemmer on the retail floors.