10-Q quarterly report · filed Jun 11, 2026

Torrid Holdings Inc. (CURV) Q2 2026 10-Q Quarterly Report

Short answer

Torrid Holdings Inc. (CURV) filed its Q2 2026 10-Q quarterly report on Jun 11, 2026 for the quarter ended May 2, 2026. Quarterly revenue was $246M (down 7.6% year over year) with net income of $414,000.

Q2 2026 key financials · XBRL

Revenue
$246M
−7.6% YoY
Net income
$414,000
−93.0% YoY
Operating margin
3.5%
Gross margin
35.3%
EPS (diluted)
$0.00
−100.0% YoY

Source: XBRL data from the Torrid Holdings Inc. (CURV) Q2 2026 10-Q on SEC EDGAR. USD.

Torrid Holdings Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $245.8M, down 7.6% YoY from $266.0M, driven by store optimization and fewer transactions
  • Gross margin 35.3% vs 38.1% YoY, pressured by tariffs and increased promotional activity
  • Operating margin 3.5% vs 6.0% YoY; net income $0.4M vs $5.9M
  • Store count 463 vs 632 YoY; comparable sales down 1.7% vs down 3.5%
  • Cash $22.8M; debt $301.2M; $77.2M additional ABL liquidity, with $32.8M ABL borrowings
  • Near-term headwinds: planned closure of up to 10 additional stores, tariff uncertainty, inflation, and softened consumer demand

Risk Factors

  • No material changes to risk factors disclosed in the 2025 Form 10-K
  • Newly triggered risk factors: none identified for Q1 2026
  • Regulatory and compliance risk unchanged from the 2025 Form 10-K
  • Operational and competitive risks unchanged from the 2025 Form 10-K
  • Financial risks, including liquidity, debt maturities, currency exposure, and concentration, unchanged from the 2025 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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