$2.11

+0.11 (+5.50%)

Weekly Expected Move ±9.3%

$2 $2 $2 $2 $2

NYSE · Consumer Cyclical · Apparel - Retail · Tech Score Sell · Power 34 · $210.4M mcap · 34M float · 0.860% daily turnover · Short 48% of daily vol

Credit Risk of going bust: higher than 90% of companies Debt: 66.5% of company value Bonds: none of note held by US funds details ▾

Of US companies ranked in the second-riskiest tenth, about 1 in 87 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.35 (down 83%), Torrid Holdings Inc. would be worth roughly what it owes.
Total debt $417.5M against a stock market value of $210.4M.
Distance to default 1.56 (Merton model): prices to 2026-10-27, balance sheet 2026-08-01, debt counted $179.9M (short-term plus half of long-term), stock volatility 78.7%; Altman Z'' -3.81. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$1.0B -9.4% ▼

5Y CAGR: +0.5%

Gross Profit

$348M -15.8% ▼

5Y CAGR: +1.0%

Operating Income

$21M -62.6% ▼

5Y CAGR: -17.7%

Net Income

-$7M -143.1% ▼

EPS (Diluted)

$-0.07 -146.2% ▼

EBITDA

$91M +58.8% ▲

5Y CAGR: -7.2%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.3B	$1.3B	$1.2B	$1.1B	$1.0B
YoY Growth	+31.4%	+0.7%	-10.6%	-4.2%	-9.4%
Cost of Revenue	$760M	$829M	$746M	$690M	$652M
Gross Profit	$519M	$460M	$406M	$413M	$348M
Gross Margin	40.6%	35.7%	35.2%	37.5%	34.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$474M	$358M	$347M	$356M	$269M
Operating Expenses	$474M	$358M	$349M	$356M	$327M
Operating Income	$45M	$102M	$57M	$57M	$21M
Operating Margin	3.5%	7.9%	5.0%	5.2%	2.1%
Interest Expense	$30M	$30M	$39M	$36M	$32M
Income Before Tax	$16M	$72M	$18M	$22M	-$10M
Tax Expense	$46M	$21M	$6M	$5M	-$3M
Net Income	-$30M	$50M	$12M	$16M	-$7M
Net Margin	-2.3%	3.9%	1.0%	1.5%	-0.7%
EPS (Diluted)	$-0.27	$0.48	$0.11	$0.15	$-0.07
EBITDA	$124M	$181M	$91M	$57M	$91M
Shares Outstanding	110M	104M	104M	106M	101M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$264M	$276M	$266M	$263M	$235M	$236M	$246M	$232M
Cost of Revenue	$169M	$183M	$165M	$169M	$153M	$165M	$159M	$142M
Gross Profit	$95M	$93M	$101M	$93M	$82M	$71M	$87M	$90M
Gross Margin	36.1%	33.6%	38.1%	35.6%	34.9%	30.0%	35.3%	38.7%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$88M	$89M	$85M	$83M	$82M	$76M	$78M	$75M
Operating Expenses	$88M	$89M	$85M	$83M	$82M	$76M	$78M	$75M
Operating Income	$7M	$3M	$16M	$10M	$205K	-$5M	$9M	$15M
Operating Margin	2.7%	1.3%	6.0%	3.9%	0.1%	-2.1%	3.5%	6.3%
Interest Expense	$9M	$8M	$8M	$8M	$8M	$8M	$8M	$8M
Income Before Tax	-$1M	-$5M	$9M	$2M	-$8M	-$12M	$871K	$7M
Tax Expense	-$26K	-$2M	$3M	$487K	-$2M	-$4M	$457K	$1M
Net Income	-$1M	-$3M	$6M	$2M	-$6M	-$8M	$414K	$5M
Net Margin	-0.5%	-1.1%	2.2%	0.6%	-2.7%	-3.4%	0.2%	2.2%
EPS (Diluted)	$-0.01	$-0.03	$0.06	$0.02	$-0.06	$-0.08	$0.00	$0.05
EBITDA	$27M	$23M	$35M	$37M	$8M	$12M	$22M	$27M
Shares Outstanding	105M	104M	106M	103M	99M	99M	100M	100M

CURV NYSE