What Happened?
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE: CURV) jumped 3.1% in the afternoon session after investors appeared to be positioning themselves ahead of the company's upcoming earnings report.
The women's plus-size apparel retailer will announce its financial results after the market closes. According to analyst expectations, Torrid's revenue is forecast to decline 8.5% year-over-year to $260.5 million, with adjusted earnings anticipated to be $0.03 per share. Despite the pessimistic analyst outlook, the stock price increase suggests some investors may be speculating on a potential earnings surprise or an improved outlook from the company.
After the initial pop the shares cooled down to $2.33, up 3.8% from previous close.
Is now the time to buy Torrid? Access our full analysis report here, it’s free.
What Is The Market Telling Us
Torrid’s shares are extremely volatile and have had 54 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 16 days ago when the stock gained 4.7% on the news that it showed signs of a potential turnaround fueled by positive analyst sentiment and improved financial flexibility. This move comes despite the stock having declined over 23% in the past month, pushing it into what some analysts consider oversold territory. Fueling the optimism is a strong consensus among Wall Street analysts, who have been raising their earnings estimates for the current year. Over the last 30 days, the consensus Earnings Per Share (EPS) estimate for Torrid has increased by 5.9%. This upward trend in earnings revisions is often seen as a precursor to potential price appreciation.
Torrid is down 55.8% since the beginning of the year, and at $2.33 per share, it is trading 66.9% below its 52-week high of $7.06 from January 2025. Investors who bought $1,000 worth of Torrid’s shares at the IPO in June 2021 would now be looking at an investment worth $96.68.
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
