CURV - Torrid Holdings Fundamentals Are Not Improving Much But The Stock Is Optimistic. Still A Hold
2024-06-25 09:13:33 ET
Summary
- Torrid Holdings specializes in plus-size women's apparel.
- 1Q24 results showed a 9% decrease in comparable sales, but improved margins and operating profits.
- Stock price has increased by 50%, but fundamentals have not improved, leading to a Hold rating.
Torrid Holdings ( CURV ) is an apparel retailer specialized in plus-size women.
This article covers the company's 1Q24 results and earnings call . The results were not good, with comparable sales down 9%. Margins and operating profits improved thanks to lower product costs....
Torrid Holdings Fundamentals Are Not Improving Much, But The Stock Is Optimistic. Still A Hold