Torrid (CURV) Q2 2026 Earnings Call Transcript
Torrid (CURV) reported Q2 2026 net sales of $231.7M, down 11.8% YoY, but adjusted EBITDA of $23.3M, including $11.1M in tariff refunds. Net income rose to $5.2M. The company maintained full-year revenue guidance of $940M-$960M but raised adjusted EBITDA guidance to $76M-$86M. Management noted challenges in June but saw improvement in July, with sub-brands sales growing 74% YoY.
How this was made
The 30-second read
Why it matters
The earnings beat and guidance raise provide a fresh catalyst for traders, though macro headwinds remain.
Market read
Torrid's earnings and guidance update are the primary market-moving element of the article.
What to watch
Potential volatility from tariff policy changes and gas price fluctuations.
Background
Torrid Holdings reported Q2 2026 results, showing sales decline but improved margins and raised EBITDA guidance.
Ticker impact
Q2 2026 earnings release with net sales, EBITDA, guidance and store optimization details.
Potential short-term price rally on raised guidance.
Guidance raise and tariff refund benefit are material new information.
Market effects
Retail apparel sector may see pressure from macro headwinds but benefit from store optimization trends.
U.S. consumer discretionary market could react to Torrid's guidance lift.
Limited to U.S. apparel retailers.
Counterpoint
Guidance raise may be offset by declining sales and ongoing store closures.
Key entities
- ExecutiveLisa Harper
Chief Executive Officer of Torrid
- ExecutivePaula Dempsey
Chief Financial Officer of Torrid
