Torrid Holdings: Fiscal Q4 Earnings Snapshot

CITY OF INDUSTRY, Calif. (AP) — CITY OF INDUSTRY, Calif. (AP) — Torrid Holdings Inc. (CURV) on Thursday reported a loss of $3.8 million in its fiscal fourth quarter.

The City Of Industry, California-based company said it had a loss of 4 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The women’s apparel retailer posted revenue of $301.2 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $290.2 million.

For the year, the company reported net income of $50.2 million, or 48 cents per share, swinging to a profit in the period. Revenue was reported as $1.29 billion.

For the current quarter ending in April, Torrid Holdings said it expects revenue in the range of $305 million to $313 million.

The company expects full-year revenue in the range of $1.26 billion to $1.32 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CURV at https://www.zacks.com/ap/CURV