Torrid Holdings Reports Surprise Loss

Torrid Holdings, a womens apparel retailer, reported a surprising loss of six cents per share in Q3, falling short of analysts expectations. Revenue also missed the mark, with sales performance weaker than anticipated. Despite these challenges, the company projects full-year revenue between $995 million and $1 billion, offering insight into their strategy amidst market uncertainties.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.