CITY OF INDUSTRY, Calif. (AP) — CITY OF INDUSTRY, Calif. (AP) — Torrid Holdings Inc. (CURV) on Tuesday reported a loss of $1.3 million in its fiscal third quarter.
On a per-share basis, the City Of Industry, California-based company said it had a loss of 1 cent.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The women’s apparel retailer posted revenue of $263.8 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $282.8 million.
For the current quarter ending in January, Torrid Holdings said it expects revenue in the range of $255 million to $270 million.
The company expects full-year revenue in the range of $1.08 billion to $1.1 billion.
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