Torrid Holdings Inc. (NYSE:CURV)

Torrid Holdings Inc. CURV

Consumer Cyclical - Apparel - Retail - NYSE - US

Watchlist

$ 6.27

4.5 %

$ 657 M

Market Cap

44.79

P/E

1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one CURV stock under the worst case scenario is HIDDEN Compared to the current market price of 6.27 USD, Torrid Holdings Inc. is HIDDEN

CURV Intrinsic Value
HIDDEN

SHOW

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one CURV stock under the base case scenario is HIDDEN Compared to the current market price of 6.27 USD, Torrid Holdings Inc. is HIDDEN

CURV Intrinsic Value
HIDDEN

SHOW

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one CURV stock under the best case scenario is HIDDEN Compared to the current market price of 6.27 USD, Torrid Holdings Inc. is HIDDEN

CURV Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart CURV

FINANCIALS

Annual
Quarterly

57.1 M OPERATING INCOME

42.8 M OPERATING CASH FLOW

-26 M INVESTING CASH FLOW

-18.5 M FINANCING CASH FLOW

7.2 M OPERATING INCOME

-3.08 M OPERATING CASH FLOW

-2.44 M INVESTING CASH FLOW

-4.38 M FINANCING CASH FLOW

Balance Sheet Torrid Holdings Inc.

477 M ASSETS
689 M LIABILITIES

Current Assets	179 M
Cash & Short-Term Investments	11.7 M
Receivables	0
Other Current Assets	167 M
Non-Current Assets	298 M
Long-Term Investments	1
PP&E	266 M
Other Non-Current Assets	31.9 M

Current Liabilities	232 M
Accounts Payable	46.2 M
Short-Term Debt	66.2 M
Other Current Liabilities	120 M
Non-Current Liabilities	457 M
Long-Term Debt	444 M
Other Non-Current Liabilities	12.2 M

EFFICIENCY

Earnings Waterfall Torrid Holdings Inc.

Revenue	1.15 B
Cost Of Revenue	746 M
Gross Profit	406 M
Operating Expenses	349 M
Operating Income	57.1 M
Other Expenses	45.5 M
Net Income	11.6 M

RATIOS

4.96% OPERATING MARGIN

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Torrid Holdings Inc.

Net Income	11.6 M
Depreciation & Amortization	79.4 M
Capital Expenditures	-26 M
Stock-Based Compensation	8.04 M
Change in Working Capital	-24.6 M
Others	-53.5 M
Free Cash Flow	16.8 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Torrid Holdings Inc.

Wall Street analysts predict an average 1-year price target for CURV of $5.16 , with forecasts ranging from a low of $3.5 to a high of $6 .

CURV Lowest Price Target Wall Street Target

3.5 USD -44.18%

CURV Average Price Target Wall Street Target

5.16 USD -17.75%

CURV Highest Price Target Wall Street Target

6 USD -4.31%

4. DIVIDEND ANALYSIS

CURV does not distribute dividends.

5. COMPETITION

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States.

-10.4 USD

CATO

Overvalued 375.26%

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories.

49.9 USD

SCVL

Undervalued 66.58%

Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands.

18.8 USD

GCO

Overvalued 53.51%

Zumiez Inc., together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women.

-3.89 USD

ZUMZ

Overvalued 125.12%

Lands' End, Inc. operates as a uni-channel retailer of casual clothing, accessories, footwear, and home products in the United States, Europe, Asia, and internationally.

390 USD

Undervalued 2887.72%

Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories.

-62.9 USD

CTRN

Overvalued 335.76%

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada.

8.57 USD

DXLG

Undervalued 210.36%

Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States.

-4.65 USD

DLTH

Overvalued 252.89%

J.Jill, Inc. operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. The company offers knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear; footwear; and accessories, including scarves, jewelry, and hosiery.

31.8 USD

JILL

Undervalued 16.52%

Tilly's, Inc. operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States.

-12.4 USD

TLYS

Overvalued 397.98%

6. Ownership

Insider Ownership Torrid Holdings Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

34.8 M USD 3

6-9 MONTHS

0 USD 0

9-12 MONTHS

143 K USD 1

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
4 months ago Sep 19, 2024	Sell 4.15 M USD	Sycamore Partners Torrid, L.L.C. 10 percent owner	- 1092442	3.8 USD
4 months ago Sep 19, 2024	Sell 107 K USD	Munoz Elizabeth Chief Creative Officer	- 28228	3.8 USD
4 months ago Sep 19, 2024	Sell 284 K USD	HARPER LISA M Chief Executive Officer	- 74713	3.8 USD
4 months ago Sep 13, 2024	Sell 27.7 M USD	Sycamore Partners Torrid, L.L.C. 10 percent owner	- 7282942	3.8 USD
4 months ago Sep 13, 2024	Sell 1.89 M USD	HARPER LISA M Chief Executive Officer	- 498087	3.8 USD
4 months ago Sep 13, 2024	Sell 715 K USD	Munoz Elizabeth Chief Creative Officer	- 188189	3.8 USD
1 year ago Jan 16, 2024	Sell 143 K USD	Nikolov Valeria Rico Director	- 25380	5.62 USD
1 year ago Sep 21, 2023	Bought 300 K USD	Mizicko Mark Chief Commercial Officer	+ 225000	1.3312 USD
2 years ago Dec 19, 2022	Bought 28.2 K USD	Killion Theo Director	+ 10000	2.8174 USD
2 years ago Mar 23, 2022	Sell 20.4 K USD	Stephenson Anne See Remarks	- 2775	7.34 USD
3 years ago Jul 06, 2021	Sell 236 K USD	Stephenson Anne See Remarks	- 11994	19.635 USD
3 years ago Jul 06, 2021	Sell 4.14 M USD	WEHLITZ GEORGE Chief Financial Officer	- 210837	19.635 USD
3 years ago Jul 06, 2021	Sell 210 M USD	Sycamore Partners Torrid, L.L.C. 10 percent owner	- 10701990	19.635 USD
3 years ago Jul 06, 2021	Sell 326 K USD	Salmon Michael Robert Chief Operating Officer	- 16606	19.635 USD
3 years ago Jul 06, 2021	Sell 4.96 M USD	Munoz Elizabeth Chief Executive Officer	- 252637	19.635 USD
3 years ago Jul 06, 2021	Sell 14.3 M USD	HARPER LISA M Director	- 730397	19.635 USD

7. News

Torrid Holdings: Expensive Valuation With Uncertain Growth Outlook I am neutral on Torrid Holdings due to poor demand trends and a relatively expensive valuation. CURV's 3Q24 revenue fell by 4.2% y/y, with a 9th straight quarter of negative comparable sales growth, missing consensus estimates. Management must prove its ability to drive CSG acceleration in 4Q24, especially with significant new product introductions and a favorable holiday shopping season. seekingalpha.com - 1 month ago

Torrid Q3: Expectations Collapsed, It Now Approaches An Interesting Valuation Torrid Holdings' Q3 2024 results were highly disappointing, with sales down 4.2% and comparable sales down 6.5%, leading to a 30% stock drop. The company faces a challenging Q4 with expected sales between $250 million and $270 million and operating and net losses. New assortments post-Christmas and in H1 2025 could potentially revive the brand, but the current valuation is barely fair, not attractive. seekingalpha.com - 1 month ago

Torrid Holdings Posts Q3 Loss, Comparable Sales Decline 6.5% Y/Y CURV's third-quarter results show gross profit expansion and modest adjusted EBITDA growth despite a soft top-line performance. zacks.com - 1 month ago

Torrid Holdings Inc. (CURV) Q3 2024 Earnings Call Transcript Start Time: 16:30 January 1, 0000 5:24 PM ET Torrid Holdings Inc. (NYSE:CURV ) Q3 2024 Earnings Conference Call December 03, 2024, 16:30 PM ET Company Participants Lisa Harper - CEO Paula Dempsey - CFO Ashlee Wheeler - Chief Strategy and Planning Officer Chinwe Abaelu - CAO and SVP Conference Call Participants Brooke Roach - Goldman Sachs Corey Tarlowe - Jefferies Dana Telsey - Telsey Advisory Group Alex Straton - Morgan Stanley Marni Shapiro - The Retail Tracker Operator Greetings, and welcome to the Torrid Holdings Incorporated Third Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 month ago

Torrid Holdings (CURV) Reports Q3 Loss, Misses Revenue Estimates Torrid Holdings (CURV) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.03 per share a year ago. zacks.com - 1 month ago

Torrid Reports Third Quarter Fiscal 2024 Results CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced its financial results for the quarter ended November 2, 2024. Lisa Harper, Chief Executive Officer of Torrid, stated, “Our third quarter results were below our expectations as our fall assortments did not offer enough newness and novelty. We also saw the environment chan. businesswire.com - 1 month ago

4 Retail Stocks to Buy as Cyber Monday Drives Holiday Shopping Spree As Cyber Monday sales soar, ANF, AMZN, CHWY & CURV are poised to benefit from the holiday shopping surge. Find out why these stocks are top picks now. zacks.com - 1 month ago

The Zacks Analyst Blog Sprouts Farmers, Deckers Outdoor, Chewy and Torrid Sprouts Farmers, Deckers Outdoor, Chewy and Torrid are included in this Analyst Blog. zacks.com - 1 month ago

4 Retail Stocks to Buy as Consumer Confidence Continues to Rise Improvement in consumer sentiment is an encouraging sign for retailers. SFM, DECK, CHWY and CURV are poised to gain from increased consumer spending activity. zacks.com - 1 month ago

Torrid Stock Up 19% in a Month: Is it Time to Buy, Hold or Cash Out? Torrid's success stems from its dominance in the plus-size fashion market, a vastly underserved segment. zacks.com - 1 month ago

Torrid Holdings (CURV) Earnings Expected to Grow: Should You Buy? Torrid Holdings (CURV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago

Zacks Industry Outlook Deckers, Tapestry, Abercrombie & Fitch and Torrid Deckers, Tapestry, Abercrombie & Fitch and Torrid have been highlighted in this Industry Outlook article. zacks.com - 1 month ago

8. Profile Summary

Torrid Holdings Inc. CURV

COUNTRY US

INDUSTRY Apparel - Retail

MARKET CAP $ 657 M

Dividend Yield 0.00%

Description Torrid Holdings Inc. operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid and Torrid Curve brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products. The company sells its products directly to consumers through its e-commerce platform and its physical stores. As of January 29, 2022, it operated 624 stores in 50 U.S. states, Puerto Rico, and Canada. Torrid Holdings Inc. was incorporated in 2019 and is headquartered in City of Industry, California.

Contact 18501 East San Jose Avenue, City Of Industry, CA, 91748 https://www.torrid.com

IPO Date July 1, 2021

Employees 1820

Officers Ms. Paula S. Dempsey Executive Vice President & Chief Financial Officer Ms. Bridgett C. Zeterberg Executive Vice President, Chief Human Resources Officer, Chief Legal Officer & Corporate Secretary Ms. Kate Horton Chief Merchandising Officer Ms. Vivian Alhorn Chief Marketing Officer Mr. Hyon C. Park Chief Technology Officer & Chief Operating Officer Ms. Ashlee Wheeler Chief Planning Officer Ms. Lisa M. Harper Chief Executive Officer & Director Ms. Chinwe Abaelu Senior Vice President, Chief Accounting Officer & Principal Financial Officer

Price Chart CURV

Torrid Holdings Inc. CURV

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