TORRID is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman who is curvy and wears sizes 10 to 30. TORRID is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories.
Company profile
Ticker
CURV
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Hanesbrands • J Crew • Mahwah Bergen Retail • Tailored Brands • Express • Vince Holding • Zumiez • Citi Trends • Tillys • Duluth ...
SEC CIK
Corporate docs
Subsidiaries
Torrid Parent Inc. • Torrid Intermediate LLC • Torrid LLC • Torrid Administration, Inc. • Torrid Merchandising, Inc. • Torrid Ohio, LLC • Torrid Canada Inc. ...
CURV stock data
Analyst ratings and price targets
Current price
Average target
$4.75
Low target
$3.50
High target
$6.00
Goldman Sachs
Maintains
$3.50
Telsey Advisory Group
Maintains
$6.00
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
6 Jan 23
8-K
Departure of Directors or Certain Officers
4 Jan 23
8-K
Torrid Reports Third Quarter Fiscal 2022 Results and Updates Fiscal 2022 Outlook
8 Dec 22
10-Q
2022 Q3
Quarterly report
8 Dec 22
8-K
Departure of Directors or Certain Officers
25 Nov 22
8-K
Departure of Directors or Certain Officers
7 Oct 22
10-Q
2022 Q2
Quarterly report
7 Sep 22
8-K
Results of Operations and Financial Condition
7 Sep 22
8-K
Torrid Announces Appointment of Tim O. Martin, DTC Veteran, as Chief Operating Officer and Chief Financial Officer
3 Aug 22
10-Q
2022 Q1
Quarterly report
7 Jun 22
Latest ownership filings
4
Anne Stephenson
28 Dec 22
4
Michael Robert Salmon
28 Dec 22
4
Theo Killion
19 Dec 22
4
Michael Robert Salmon
6 Dec 22
4
Elizabeth Munoz
30 Nov 22
4
Anne Stephenson
22 Nov 22
4
Bridgett C. Zeterberg
6 Oct 22
3
Bridgett C. Zeterberg
6 Oct 22
4
Michael Robert Salmon
26 Sep 22
4
Anne Stephenson
26 Sep 22
Financial summary
| Quarter (USD) | Oct 22 | Jul 22 | Apr 22 | Jan 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jan 22 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 18.88 mm | 18.88 mm | 18.88 mm | 18.88 mm | 18.88 mm | 18.88 mm |
| Cash burn (monthly) | 1.48 mm | 3.60 mm | (no burn) | (no burn) | (no burn) | 2.17 mm |
| Cash used (since last report) | 4.34 mm | 10.59 mm | n/a | n/a | n/a | 6.39 mm |
| Cash remaining | 14.54 mm | 8.29 mm | n/a | n/a | n/a | 12.49 mm |
| Runway (months of cash) | 9.9 | 2.3 | n/a | n/a | n/a | 5.7 |
Institutional ownership, Q2 2022
| 13F holders | Current |
|---|---|
| Total holders | 66 |
| Opened positions | 19 |
| Closed positions | 20 |
| Increased positions | 16 |
| Reduced positions | 25 |
| 13F shares | Current |
|---|---|
| Total value | 381.41 mm |
| Total shares | 170.64 mm |
| Total puts | 60.80 k |
| Total calls | 42.50 k |
| Total put/call ratio | 1.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Sycamore Partners Management | 82.35 mm | $355.76 mm |
| Partners Torrid, L.L.C. Sycamore | 82.35 mm | $0.00 |
| BLK Blackrock | 927.48 k | $4.01 mm |
| J. Goldman & Co | 634.55 k | $2.74 mm |
| Vanguard | 414.29 k | $1.79 mm |
| D. E. Shaw & Co. | 380.27 k | $1.64 mm |
| JHG Janus Henderson | 346.63 k | $1.50 mm |
| Schonfeld Strategic Advisors | 343.07 k | $1.48 mm |
| Kestrel Investment Management | 331.40 k | $1.43 mm |
| Marshall Wace | 329.39 k | $1.42 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Dec 22 | Michael Robert Salmon | Common Stock | Payment of exercise | Dispose F | No | No | 3.02 | 3,978 | 12.01 k | 268,174 |
| 23 Dec 22 | Anne Stephenson | Common Stock | Payment of exercise | Dispose F | No | No | 3.02 | 3,978 | 12.01 k | 270,445 |
| 19 Dec 22 | Theo Killion | Common Stock | Buy | Acquire P | No | No | 2.8174 | 10,000 | 28.17 k | 37,429 |
| 5 Dec 22 | Michael Robert Salmon | Common Stock | Payment of exercise | Dispose F | No | No | 4.32 | 3,978 | 17.18 k | 272,152 |
| 29 Nov 22 | Elizabeth Munoz | Common Stock | Payment of exercise | Dispose F | No | No | 3.83 | 13,258 | 50.78 k | 2,157,564 |
News
12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session
19 Jan 23
Stocks That Hit 52-Week Lows On Monday
19 Dec 22
Stocks That Hit 52-Week Lows On Tuesday
13 Dec 22
Stocks That Hit 52-Week Lows On Monday
12 Dec 22
Goldman Sachs Maintains Neutral on Torrid Holdings, Lowers Price Target to $3.5
12 Dec 22
Press releases
CLASS ACTION UPDATE for CURV, SPPI and FXLV: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
17 Jan 23
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Torrid Holdings, Inc. - CURV
17 Jan 23
DEADLINE ALERT for BRDS, OLPX, and CURV: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
17 Jan 23
Final Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Torrid Holdings (CURV) Investors of Class Action and to Actively Participate
17 Jan 23
CURV IMPORTANT DEADLINE TODAY: ROSEN, A TOP RANKED LAW FIRM, Encourages Torrid Holdings Investors to Secure Counsel Before Important Deadline Today in Securities Class Action – CURV
17 Jan 23