Torrid Holdings Inc. logo

Torrid Holdings Inc.

CURV

NYSEConsumer CyclicalApparel - Retail

Latest quote

$2.21

+$0.12 · +5.74%

Aug 21, 3:55 PM ET

CURV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

80

Undervalued

Momentum

61

Gaining

Sentiment

54

Mixed

Risk resilience

39

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Torrid Holdings Inc. is a North American retailer specializing in plus-size women's clothing and undergarments. The company oversees the complete product lifecycle, from conceptualization and development to merchandising, for its items marketed under the Torrid and Torrid Curve labels. Its diverse apparel collection encompasses shirts, pants, dresses, denim, activewear, lingerie, sleepwear, swimwear, and outerwear. In addition to clothing, Torrid also offers non-apparel items such as accessories, footwear, and beauty products. The company engages directly with consumers through its online e-commerce platform and a network of physical retail outlets. As of January 29, 2022, Torrid operated 624 stores distributed across all 50 U.S. states, Puerto Rico, and Canada. Torrid Holdings Inc. was established in 2019, with its main corporate office located in City of Industry, California.

Industry
Apparel - Retail
Sector
Consumer Cyclical
Headquarters
US
CEO
Lisa Harper
Listed since
Jul 1, 2021
Employees
5,685

Market position

Volume
126.55K
0.3× average
Average volume
421.81K
Average daily volume
Market cap
219.94M USD
Beta
0.86
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
534.88M USD
P/E (TTM)
-17.39×
P/B (TTM)
-1.04×
P/S (TTM)
0.22×
EV / EBITDA
5.83×
Earnings yield
-6.03%
Free cash flow yield
-18.74%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
34.02%
Operating margin
1.42%
Net margin
-1.28%
Return on equity
3.30%
Return on assets
-1.76%
Return on invested capital
6.77%

Financial health

Debt / equity
-2.01×
Current ratio
0.78×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends45%28%11%-7%Gross margin, FY2021: 40.58%Gross margin, FY2022: 35.67%Gross margin, FY2023: 35.24%Gross margin, FY2024: 37.46%Gross margin, FY2025: 34.79%Operating margin, FY2021: 3.55%Operating margin, FY2022: 7.89%Operating margin, FY2023: 4.96%Operating margin, FY2024: 5.18%Operating margin, FY2025: 2.14%Net margin, FY2021: -2.34%Net margin, FY2022: 3.90%Net margin, FY2023: 1.01%Net margin, FY2024: 1.48%Net margin, FY2025: -0.70%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 40.58%. Gross margin FY2022 35.67%. Gross margin FY2023 35.24%. Gross margin FY2024 37.46%. Gross margin FY2025 34.79%. Operating margin FY2021 3.55%. Operating margin FY2022 7.89%. Operating margin FY2023 4.96%. Operating margin FY2024 5.18%. Operating margin FY2025 2.14%. Net margin FY2021 -2.34%. Net margin FY2022 3.90%. Net margin FY2023 1.01%. Net margin FY2024 1.48%. Net margin FY2025 -0.70%.

Income trends

Revenue

1B USD-9.39%

Operating income

21.4M USD-62.59%

Net income

−7.03M USD−23.35M USD
Income trends across reported periods1.42B USD892.72M USD365.48M USD−161.75M USDRevenue, FY2021: 1.28B USDRevenue, FY2022: 1.29B USDRevenue, FY2023: 1.15B USDRevenue, FY2024: 1.1B USDRevenue, FY2025: 1B USDOperating income, FY2021: 45.38M USDOperating income, FY2022: 101.63M USDOperating income, FY2023: 57.15M USDOperating income, FY2024: 57.21M USDOperating income, FY2025: 21.4M USDNet income, FY2021: −29.94M USDNet income, FY2022: 50.21M USDNet income, FY2023: 11.62M USDNet income, FY2024: 16.32M USDNet income, FY2025: −7.03M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.28B USD. Revenue FY2022 1.29B USD. Revenue FY2023 1.15B USD. Revenue FY2024 1.1B USD. Revenue FY2025 1B USD. Operating income FY2021 45.38M USD. Operating income FY2022 101.63M USD. Operating income FY2023 57.15M USD. Operating income FY2024 57.21M USD. Operating income FY2025 21.4M USD. Net income FY2021 −29.94M USD. Net income FY2022 50.21M USD. Net income FY2023 11.62M USD. Net income FY2024 16.32M USD. Net income FY2025 −7.03M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1B USD1.1B USD1.15B USD1.29B USD1.28B USD
Cost of goods sold652.13M USD690.27M USD745.97M USD828.61M USD759.83M USD
Gross profit347.96M USD413.47M USD405.98M USD459.54M USD518.97M USD
Selling, general, and administrative326.56M USD356.26M USD347.33M USD357.91M USD473.59M USD
Operating expenses326.56M USD356.26M USD348.83M USD357.91M USD473.59M USD
Interest income28K USD90K USD
Interest expense31.84M USD35.63M USD39.2M USD29.94M USD29.55M USD
Depreciation and amortization69.47M USD77.81M USD33.4M USD79.43M USD78.4M USD
Operating income21.4M USD57.21M USD57.15M USD101.63M USD45.38M USD
Net income−7.03M USD16.32M USD11.62M USD50.21M USD−29.94M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$1.80

18.55% downside
Past 12 months12-month forecastHigh $1.80Average $1.80Low $1.80

Rating distribution

10 ratings
Strong buy00%
Buy110%
Hold770%
Sell220%
Strong sell00%

Recent analyst actions

8 institutions
BTIGmaintainNeutral
TD CowenmaintainMarket Perform
BairddowngradeOutperformNeutral

CURV peers

Continue in GoAI

Research CURV

research.disclaimer