Torrid's Mixed Signals: Revenue Up, Profits Down
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Torrid's Q2 earnings are in: revenue beats expectations at $262.8 million, but profits fall short, landing at just two cents per share against an expected four. The women's apparel retailer projects Q3 revenue between $235 and $245 million, and anticipates a full-year revenue of $1.01 to $1.03 billion, leaving investors with a mixed bag of strong sales tempered by profit concerns. Hosted on Acast. See acast.com/privacy for more information.