What is William Blair's Estimate for Torrid Q3 Earnings?

Key Points

• William Blair has revised Torrid Holdings Inc.'s Q3 2026 earnings per share (EPS) estimate to $0.00, down from $0.02, while the full-year estimate remains at $0.14.
• Recent price target adjustments for Torrid include Bank of America's cut from $7.00 to $6.00, while Telsey Advisory Group lowered theirs from $6.00 to $3.00.
• Shares of Torrid have declined by 23.8%, currently trading around $1.81, amidst concerns over missing previous earnings estimates and insider selling activity.

Torrid Holdings Inc. (NYSE:CURV - Free Report) - Equities researchers at William Blair decreased their Q3 2026 EPS estimates for Torrid in a report released on Friday, September 5th. William Blair analyst D. Carden now anticipates that the company will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Torrid's current full-year earnings is $0.14 per share. William Blair also issued estimates for Torrid's Q2 2027 earnings at $0.04 EPS.

CURV has been the subject of several other reports. Bank of America decreased their price objective on Torrid from $7.00 to $6.00 and set a "buy" rating for the company in a report on Friday. Telsey Advisory Group decreased their price objective on Torrid from $6.00 to $3.00 and set a "market perform" rating for the company in a report on Thursday, August 28th. Wall Street Zen downgraded Torrid from a "hold" rating to a "sell" rating in a report on Saturday. Finally, BTIG Research restated a "neutral" rating on shares of Torrid in a report on Friday. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $4.25.

Torrid Trading Down 23.8%

Shares of CURV opened at $1.81 on Monday. The firm has a market capitalization of $190.40 million, a P/E ratio of 45.34, a P/E/G ratio of 1.10 and a beta of 1.56. Torrid has a 12-month low of $1.76 and a 12-month high of $7.25. The firm has a fifty day moving average price of $2.48 and a 200-day moving average price of $4.37.

Torrid (NYSE:CURV - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The company had revenue of $262.81 million for the quarter, compared to analysts' expectations of $259.38 million. Torrid had a net margin of 0.30% and a negative return on equity of 1.72%. During the same period in the prior year, the firm posted $0.08 earnings per share. Torrid has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Insiders Place Their Bets

In other Torrid news, CEO Lisa M. Harper sold 350,000 shares of the business's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $3.32, for a total value of $1,162,000.00. Following the completion of the transaction, the chief executive officer directly owned 5,266,453 shares in the company, valued at approximately $17,484,623.96. The trade was a 6.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Fund 1 Investments, Llc sold 257,833 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $2.73, for a total transaction of $703,884.09. Following the completion of the transaction, the insider owned 10,064,856 shares of the company's stock, valued at $27,477,056.88. This represents a 2.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,538,741 shares of company stock worth $54,611,499. 9.77% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Torrid

Several hedge funds have recently modified their holdings of CURV. Wells Fargo & Company MN increased its holdings in shares of Torrid by 150.7% during the fourth quarter. Wells Fargo & Company MN now owns 9,447 shares of the company's stock valued at $49,000 after acquiring an additional 5,678 shares in the last quarter. Barclays PLC increased its holdings in Torrid by 83.9% in the 4th quarter. Barclays PLC now owns 32,036 shares of the company's stock worth $168,000 after buying an additional 14,620 shares during the period. Northern Trust Corp increased its holdings in Torrid by 38.7% in the 4th quarter. Northern Trust Corp now owns 189,580 shares of the company's stock worth $992,000 after buying an additional 52,891 shares during the period. Bank of America Corp DE increased its holdings in Torrid by 4,794.2% in the 4th quarter. Bank of America Corp DE now owns 423,597 shares of the company's stock worth $2,215,000 after buying an additional 414,942 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Torrid by 55.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,189 shares of the company's stock worth $59,000 after buying an additional 4,013 shares during the period. Institutional investors and hedge funds own 81.82% of the company's stock.

Torrid Company Profile

Torrid Holdings Inc operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid, Torrid Curve, CURV, and Lovesick brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.

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