Torrid Holdings Inc.
Business
Torrid Holdings Inc. is a direct-to-consumer fashion retailer specializing in stylish apparel, intimates, and accessories designed for curvy women in sizes 10 to 30. The company offers tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories through its proprietary design process and vertical sourcing model. Torrid operates through a unified commerce platform combining e-Commerce and 483 physical retail stores across the U.S., Puerto Rico, and Canada. The company builds customer loyalty through its tiered Torrid Rewards program and co-branded credit card, supported by data analytics and targeted marketing across digital and traditional channels.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Net sales | 1,000 | 1,104 | 1,152 | 1,288 | 1,297 | |
| Cost of goods sold | 652 | 690 | 746 | 829 | 760 | |
| Gross profit | 348 | 413 | 406 | 460 | 537 | |
| Selling, general and administrative expenses | 269 | 302 | 293 | 298 | 439 | |
| Marketing expenses | 57 | 54 | 55 | 60 | 53 | |
| Income from operations | 21 | 57 | 57 | 102 | 45 | |
| Interest expense | 32 | 36 | 39 | 30 | 56,000 | |
| Interest income, net of other (income) expense | −882,000 | −28,000 | −90,000 | 207,000 | — | |
| (Loss) income before (benefit from) provision for income taxes | −10 | 22 | 18 | 72 | 16 | |
| (Benefit from) provision for income taxes | −3 | 5 | 6 | 21 | 46 | |
| Net (loss) income | −7 | 16 | 12 | 50 | −30 | |
| Basic (in USD per share) | −0.07 | 0.16 | 0.11 | 0.48 | −0.27 | |
| Diluted (in USD per share) | −0.07 | 0.15 | 0.11 | 0.48 | −0.27 | |
| Basic (in shares) | 101 | 105 | 104 | 104 | 110 | |
| Diluted (in shares) | 101 | 106 | 104 | 104 | 110 | |
| Foreign currency translation adjustment | 292,000 | −585,000 | −52,000 | −337,000 | — | |
| Total other comprehensive income (loss) | 292,000 | −585,000 | −52,000 | −337,000 | — | |
| Comprehensive (loss) income | −7 | 16 | 12 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 20 | 49 | 12 | 14 | 29 | |
| Restricted cash | 400,000 | 399,000 | 399,000 | 366,000 | 262,000 | |
| Inventory | 136 | 148 | 142 | 180 | 171 | |
| Prepaid expenses and other current assets | 25 | 25 | 22 | 20 | 15 | |
| Prepaid income taxes | 12 | 4 | 3 | 2 | 6 | |
| Total current assets | 193 | 226 | 179 | 216 | 221 | |
| Property and equipment, net | 52 | 78 | 104 | 114 | 128 | |
| Operating lease right-of-use assets | 108 | 141 | 162 | 177 | 210 | |
| Deposits and other noncurrent assets | 20 | 19 | 15 | 9 | 7 | |
| Deferred tax assets | 19 | 17 | 9 | 3 | 5 | |
| Intangible asset | 8 | 8 | 8 | 8 | 8 | |
| Total assets | 400 | 488 | 477 | 527 | 579 | |
| Accounts payable | 57 | 72 | 46 | 76 | 77 | |
| Accrued and other current liabilities | 106 | 126 | 108 | 109 | 139 | |
| Operating lease liabilities | 32 | 41 | 43 | 45 | 46 | |
| Borrowings under credit facility | 31 | 0 | 7 | 8 | 0 | |
| Current portion of term loan | 16 | 16 | 16 | 16 | 21 | |
| Due to related parties | 6 | 8 | 9 | 13 | — | |
| Income taxes payable | 122,000 | 0 | 3 | 0 | 0 | |
| Total current liabilities | 249 | 263 | 232 | 267 | 297 | |
| Noncurrent operating lease liabilities | 101 | 134 | 156 | 172 | 207 | |
| Noncurrent debt, net | 256 | 272 | 289 | 305 | 321 | |
| Deferred compensation | 4 | 4 | 5 | 4 | 7 | |
| Other noncurrent liabilities | 4 | 6 | 7 | 9 | 5 | |
| Total liabilities | 614 | 680 | 689 | 757 | 837 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Preferred shares: $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding at January 31, 2026 and February 1, 2025 | 0 | 0 | 0 | — | — | |
| Common shares: $0.01 par value; 1,000,000,000 shares authorized; 105,344,216 and 99,313,308 shares issued and outstanding, respectively, at January 31, 2026; 104,859,266 shares issued and outstanding at February 1, 2025 | 1 | 1 | 1 | 1 | 1 | |
| Additional paid-in capital | 145 | 140 | 135 | 128 | 118 | |
| Accumulated deficit | −338 | −331 | −348 | −359 | −378 | |
| Accumulated other comprehensive loss | −606,000 | −898,000 | −313,000 | −261,000 | 76,000 | |
| Common shares in treasury, at cost: 6,030,908 shares at January 31, 2026; no shares at February 1, 2025 | −20 | 0 | — | — | — | |
| Total stockholders deficit | −213 | −191 | −212 | −230 | −258 | |
| Total liabilities and stockholders deficit | 400 | 488 | 477 | 527 | 579 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Write down of inventory | 3 | 2 | 5 | 2 | 696,000 | |
| Operating right-of-use assets amortization | 33 | 41 | 41 | 42 | 42 | |
| Depreciation and other amortization | 36 | 37 | 38 | 38 | 37 | |
| Share-based compensation | 5 | 8 | 8 | 10 | 160 | |
| Deferred taxes | −2 | −8 | −6 | 2 | 1 | |
| Write off of excess operating lease liabilities against operating right-of-use-assets | −5 | −2 | −2 | — | — | |
| Other, net | −638,000 | 867,000 | −608,000 | −1 | −457,000 | |
| Inventory | 9 | −8 | 33 | −12 | −66 | |
| Prepaid expenses and other current assets | −57,000 | −2 | −2 | −5 | −2 | |
| Prepaid income taxes | −8 | −2 | −480,000 | 4 | −6 | |
| Deposits and other noncurrent assets | −334,000 | −4 | −6 | −2 | −3 | |
| Accounts payable | −15 | 27 | −30 | −1 | 6 | |
| Accrued and other current liabilities | −19 | 18 | −2 | −30 | 28 | |
| Operating lease liabilities | −39 | −40 | −44 | −43 | −50 | |
| Other noncurrent liabilities | −2 | −829,000 | −2 | 4 | 1 | |
| Deferred compensation | 126,000 | −2 | 1 | −3 | 342,000 | |
| Due to related parties | −2 | −967,000 | −3 | −2 | 7 | |
| Income taxes payable | 122,000 | −3 | 3 | 0 | −9 | |
| Net cash (used in) provided by operating activities | −13 | 77 | 43 | 53 | 121 | |
| Purchases of property and equipment | −9 | −14 | −26 | −23 | −18 | |
| Net cash used in investing activities | −9 | −14 | −26 | −23 | −18 | |
| Proceeds from revolving credit facility | 472 | 63 | 593 | 833 | 6 | |
| Principal payments on revolving credit facility | −441 | −70 | −594 | −824 | −6 | |
| Deferred financing costs paid for revolving credit facility | −375,000 | 0 | 0 | — | — | |
| Principal payments on term loan | −18 | −18 | −18 | −22 | −213 | |
| Proceeds from issuances under share-based compensation plans | 281,000 | 1 | 399,000 | 746,000 | 569,000 | |
| Withholding tax payments related to vesting of restricted stock units and awards and exercise of non qualified stock options | −517,000 | −774,000 | −306,000 | −668,000 | −2 | |
| Share repurchase, including excise tax paid | −20 | 0 | 0 | −32 | −23 | |
| Net cash used in financing activities | −7 | −25 | −19 | −45 | −198 | |
| Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash | 563,000 | −2 | −53,000 | −177,000 | 213,000 | |
| (Decrease) increase in cash, cash equivalents and restricted cash | −28 | 37 | −2 | −15 | −94 | |
| Cash paid during the period for interest related to the revolving credit facility and term loan | 32 | 35 | 34 | 30 | 24 | |
| Property and equipment purchases included in accounts payable and accrued liabilities | 1 | 1 | 5 | 4 | 3 | |
| Excise tax from share repurchase included in accounts payable and accrued liabilities | 186,000 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Torrid Holdings Inc.'s CIK number?
Torrid Holdings Inc.'s SEC CIK number is 0001792781 (1792781). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Torrid Holdings Inc.'s SEC filings?
All of Torrid Holdings Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Torrid Holdings Inc. last report earnings?
Torrid Holdings Inc. (CURV) most recently filed an earnings 8-K with the SEC on Jun 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001792781-26-000030). This is Torrid Holdings Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Torrid Holdings Inc.'s most recent earnings 8-K?
Torrid Holdings Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 4, 2026 under accession 0001792781-26-000030. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Torrid Holdings Inc.'s latest earnings 8-K →
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