Torrid Holdings Inc. (CURV) reported its second-quarter earnings, showcasing an increase from the previous year and aligning with Wall Street's expectations.
The company reported a net income of $8.328 million, or $0.08 per share, compared to $6.629 million, or $0.06 per share, in the same quarter of the previous year.
According to Thomson Reuters, analysts had anticipated earnings of $0.08 per share on average, typically excluding special items.
The company's quarterly revenue experienced a 1.6% decline, dropping to $284.638 million from $289.144 million the previous year.
Key financial metrics for Torrid Holdings Inc. (GAAP) are as follows:
- Second-quarter earnings: $8.328 million vs. $6.629 million last year
- Earnings per share (Q2): $0.08 vs. $0.06 last year
- Revenue (Q2): $284.638 million vs. $289.144 million last year
**Guidance:**
- Third-quarter revenue projection: $280 to $285 million
- Full-year revenue forecast: $1.135 to $1.145 billion
