CITY OF INDUSTRY, Calif. (AP) — CITY OF INDUSTRY, Calif. (AP) — Torrid Holdings Inc. (CURV) on Thursday reported a loss of $3 million in its fiscal fourth quarter.
The City Of Industry, California-based company said it had a loss of 3 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The women’s apparel retailer posted revenue of $275.6 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $264.6 million.
For the year, the company reported profit of $16.3 million, or 15 cents per share. Revenue was reported as $1.1 billion.
For the current quarter ending in April, Torrid Holdings said it expects revenue in the range of $264 million to $274 million.
The company expects full-year revenue in the range of $1.08 billion to $1.1 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
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