The Latest Breaking News from Torrid

With the Fed’s minutes revealing an increased risk of recession in the wake of a banking crisis, the retail sales data due tomorrow is also expected to telegraph softening consumer demand in a sluggish economy. Hence, I evaluated the fundamentals of three retail stocks, Torrid Holdings (CURV), The Aaron's Company…

There are preps all around for the holiday season. Consumers eye discounts, and retail stores increase their in-store workforce. With inflation finally showing signs of slowing down and consumer demand remaining robust, it could be wise to pick up fundamentally strong retail stocks Walmart (WMT), Dollar General (DG), Dillard's (DDS),…

Torrid Holdings Inc (NYSE:CURV) reported first-quarter FY22 sales growth of 1% year-on-year to $328.41 million, beating the consensus of $303.95 million. Comparable sales decreased 2% versus an increase of 108% a year ago. Gross profit decreased 13.6% Y/Y to $125.1 million. The gross profit margin was 38.1%, contracting 640 basis points from last…