



$CURV (-24.7% pre) Torrid Shares Dip On Weak Q3 Results And Lowered FY24 Outlook, CEO Optimistic For Future Growth - BZ https://t.co/fqJBmrFCNn
$CBRL Earnings: - First quarter total revenue was $845.1 million. Compared to the prior year first quarter, total revenue increased 2.6% - GAAP earnings per diluted share were $0.22, and adjusted earnings per diluted share were $0.45. - GAAP net income for the first quarter was… https://t.co/R2Xa4bhoNX
Torrid Holdings ( $CURV) Q3: ╌EPS: ($0.01) (missed by $0.04) ╌Adj EBITDA: $19.584M (missed by $7.2M) ╌Revenue: $263.766M (missed by $22M) ╌Q4 Guidance: Sales $255M-$270M, Adj EBITDA $9M-$15M ╌FY25 Guidance: Sales $1.083B-$1.098B, Adj EBITDA $101M-$107M

Citi Trends reported a 3% decline in pre-market trading, with shares priced at $20.13. The company reported an adjusted earnings per share (EPS) of $(0.78) and revenue of $179.07 million, alongside a net loss of $(7.15 million), with an adjusted net loss of $(6.52 million). Gross margin improved by 160 basis points to 39.8%, indicating a strong start to the holiday season. In contrast, Torrid Holdings (ticker: $CURV) revealed disappointing third-quarter results, with an EPS of $(0.01), which missed expectations by $0.04. Revenue was reported at $263.766 million, falling short by $22 million, while adjusted EBITDA came in at $19.584 million, missing by $7.2 million. The company provided guidance for Q4 sales between $255 million and $270 million and for FY25 sales between $1.083 billion and $1.098 billion. Additionally, Torrid shares fell by 24.7% in pre-market trading following these results and a lowered fiscal outlook, despite the CEO expressing optimism for future growth.