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.
Torrid Holdings IncRaised FY2026 adjusted EBITDA guidance to $76M-$86M, though excluding tariff benefit it remains unchanged.
Macy’s Inc
Target Corporation
Walmart Inc.