Torrid(NYSE) CURV

Torrid Holdings Inc. makes clothing in sizes 8 to 30. It designs apparel and undergarments specifically for curvy customers. Items are sold online and through hundreds of physical stores.

What Torrid Makes for You

• Apparel: Fashionable tops, bottoms, dresses, denim, and outerwear designed specifically for sizes 8 to 30.
• Torrid Curve Label: Lingerie, sleepwear, swimwear, and other intimates for plus-size and mid-size consumers.
• Accessories and Footwear: Jewelry, shoes, and beauty products offered to complement the core clothing lines.

Trimming the Retail Footprint

• Closed 151 stores in fiscal year 2025 to shift focus toward online sales.
• Finished a retail store optimization program by shutting 26 locations in the first half of fiscal year 2026.
• Applied for $11.3 million in refunds for International Emergency Economic Powers Act (IEEPA) tariffs in April 2026.
• Received $11.1 million in these duty refunds during the second quarter of fiscal year 2026.

Connecting With Modern Shoppers

Torrid uses a data-driven design process that incorporates feedback from thousands of customer reviews. This strategy helps convert single-channel shoppers into omni-channel customers who spend 3.5 times more per year.

Key Financial Performance

• Net sales fell 11.8% to $231.7 million in the three-month period ended Aug. 1, 2026.
• Gross profit as a percentage of net sales rose to 38.7% in the three-month period ended Aug. 1, 2026.
• Torrid received $11.1 million in International Emergency Economic Powers Act (IEEPA) tariff refunds in the second quarter of 2026.
• Cash and cash equivalents were $22.0 million as of Aug. 1, 2026.
• Total outstanding debt reached $304.0 million as of Aug. 1, 2026.

Bottom Line

Torrid is transforming from a traditional retail chain into a digital-first brand by reducing its physical store footprint. This strategy focuses on improving cash flow while maintaining specialized products for curvy shoppers.