Torrid Holdings 2026 Q3 Earnings Deepened Losses as Net Income Drops 438.2%

Torrid Holdings (CURV) reported fiscal 2026 Q3 earnings on Dec 10, 2025, with revenue declining 10.8% year-over-year and net losses widening significantly. The company confirmed no guidance adjustments, maintaining a neutral outlook amid ongoing retail challenges.

Revenue

Torrid Holdings reported total revenue of $235.15 million in 2026 Q3, a 10.8% decline from $263.77 million in the prior-year period. Apparel remained the dominant revenue driver, contributing $213.62 million, while non-apparel and other segments added $12.31 million and $9.23 million, respectively. The reduction in sales transactions and store count—down 14.5% to 560 locations—further pressured revenue.

Earnings/Net Income

The company’s losses widened to $0.06 per share in 2026 Q3 from $0.01 per share in 2025 Q3, representing a 500% increase in losses. Net loss expanded to $6.43 million, a 438.2% rise from $1.19 million in the prior year. The EPS and net loss indicate a deterioration in profitability, with losses expanding sharply year-over-year.

Price Action

CURV’s stock edged up 2.73% in the latest trading day but fell 13.74% during the most recent full week and 5.83% month-to-date.

Post-Earnings Price Action Review

The strategy of buying CURV when earnings beat and holding for 30 days resulted in no return, significantly underperforming the benchmark. With a strategy return of 0.00% and a maximum drawdown of 0.00%, this approach failed to generate any profit or provide risk protection.

CEO Commentary

Torrid Holdings’ CEO emphasized navigating macroeconomic pressures and shifting consumer spending, while highlighting inventory optimization and digital engagement as growth drivers.

Guidance

The company has sustained profitability for five years over the corresponding fiscal quarter, though recent results reflect ongoing operational challenges.

Additional News

Torrid Holdings Inc. released its Form 10-Q report for Q3 2025, detailing a 10.8% revenue decline to $235.2 million. Strategic initiatives include accelerating store closures, with 100 additional locations targeted for fiscal 2025. The company reduced its store count by 14.5% to 560 locations, aligning with e-commerce growth. Non-apparel sales, including accessories and beauty products, saw a decline, while apparel revenue remained central. Management emphasized optimizing inventory and enhancing digital engagement to adapt to evolving consumer preferences.