Torrid Holdings Inc. announced its financial results for the second quarter of fiscal 2025, reporting net sales of $262.8 million, a 7.7% decrease year-over-year. Comparable sales for the quarter declined by 7%.
The company reported net income of $1.6 million for the second quarter. Management noted continued softness in store traffic and increased promotional activity, attributing performance to the impact of store closures and weaker sales in certain apparel categories.
For the third quarter of fiscal 2025, Torrid expects net sales between $240 million and $255 million. The full-year fiscal 2025 net sales guidance was updated to a range of $1.03 billion to $1.055 billion, and Adjusted EBITDA is projected between $95 million and $105 million.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.