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Torrid Holdings Inc

Torrid Holdings Inc. provides apparel, intimates, and accessories for women in North America. Its product range includes tops, bottoms, dresses, intimates, sleepwear, swimwear, outerwear, footwear, beauty products, and accessories. The company sells under the Torrid, Torrid Curve, CURV, and Lovesick brands, serving plus- and mid-size consumers through e-commerce platforms and retail stores. Incorporated in 2019, it is headquartered in City of Industry, California.

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Price · split & dividend adjusted
News & notes moving CURV
CURV

Scrubs & Beyond Closing All 115+ Stores in Digital-Only Shift

National specialty clothing chain Scrubs & Beyond is closing all of its retail stores and moving to a digital-only model. The workplace clothing maker, which primarily sells scrubs for hospitals and other medical facilities, operates more than 115 stores across 30 states, and many locations have already begun going-out-of-business sales, though no timetable for the shutdowns has been shared. The company has not given a reason for the closure, and a message on its website simply reads, "All Retail Stores Closing — Shop the Sale." The shift comes as e-commerce sales accounted for 17.1 percent of total U.S. retail sales in the second quarter of 2026, according to United States Census Bureau data, and as a Morgan Stanley Research AlphaWise survey found 77 percent of U.S. consumers cite convenience as a key purchasing factor. Other clothing retailers including Torrid and Destination XL have opted to trim store counts, but Scrubs & Beyond has chosen to shut its entire chain.
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Torrid raises FY2026 EBITDA outlook to $76M-$86M

Torrid Holdings Inc. raised its reported adjusted EBITDA guidance for fiscal 2026 to $76 million to $86 million, reflecting an $11.1 million tariff refund benefit recognized in the second quarter, while reaffirming full-year net sales of $940 million to $960 million. Excluding the tariff benefit, the company's adjusted EBITDA outlook remains unchanged at $65 million to $75 million. In the second quarter, Torrid reported net sales of $231.7 million, with comparable sales down 6.3%, and adjusted EBITDA of $23.3 million, or $12.1 million excluding the tariff benefit. Management highlighted a July sales inflection, with all 11 marketing channels improving sequentially, and reiterated the target of $110 million in sub-brand sales for 2026, representing approximately 12% of total net sales. The company also noted expansion into third-party marketplaces, now live on Macy's and Target, with Walmart planned later this year.
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