BUZZ-Torrid Holdings falls on quarterly profit miss, lower annual forecast
Reuters
Sep 05
BUZZ-Torrid Holdings falls on quarterly profit miss, lower annual forecast
** Shares of apparel seller Torrid Holdings CURV.N fall 12.18% to $2.09 in after-hours trading
** Company misses its Q2 profit estimate and lowers FY25 sales forecast
** Company reports Q2 EPS of $0.02, vs analysts' estimates of $0.03, according to data compiled by LSEG
** CURV lowers its FY25 sales forecast to $1.015 bln to $1.030 bln, from previous forecast of $1.030 bln to $1.055 bln
** Company expects up to $10 mln of exposure from higher tariffs announced in July
** As of last close, stock down 54.49% YTD
(Reporting by Megha Anilkumar Nair)
((MeghaAnilkumar.Nair@thomsonreuters.com;))
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