Value2020202120222023TTMSelling/general/admin expenses420.93 M297.97 M293.33 M302.03 M280.61 MResearch & development—————Operating income45.38 M101.63 M57.15 M57.21 M29.84 MNon-Operating Income, Total———28 K410 KInterest expense, net of interest capitalized29.5 M29.74 M39.2 M——Non-Operating Income, excl. Interest Expenses———00Unusual income/expense———28 K410 KPretax income15.83 M71.68 M18.04 M21.6 M10.92 MEquity in earnings—————Taxes45.77 M21.47 M6.42 M5.29 M2.29 MNon-controlling/minority interest—————After tax other income/expense—————Net income before discontinued operations29.94 M50.21 M11.62 M16.32 M8.56 MDiscontinued operations—————Net income29.94 M50.21 M11.62 M16.32 M8.56 MDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders29.94 M50.21 M11.62 M16.32 M8.56 MBasic earnings per share (Basic EPS)-0.270.480.110.16-0.01Diluted earnings per share (Diluted EPS)-0.270.480.110.15-0.02Average basic shares outstanding109.89 M104.34 M103.99 M104.56 M411.11 MDiluted shares outstanding109.89 M104.49 M104.4 M105.68 M413.63 MEBITDA337.13 M426.01 M378.04 M147.88 M126.3 MEBIT300.38 M388.42 M340.04 M110.64 M89.09 MCost of revenue759.83 M828.61 M745.97 M690.27 M669.78 MOther cost of goods sold696 K2.3 M4.58 M1.78 M2.67 MDepreciation & amortization (cash flow)36.75 M37.59 M38 M37.24 M37.21 M
Torrid Holdings Inc
Torrid Holdings Inc. is an American women's retail chain formerly owned by Hot Topic. While it is still owned by Sycamore Partners, owners of Hot Topic, in 2015, the company branched off to become Torrid, LLC. The store offers plus-size clothing and accessories for women size 10-30. Torrid began operations in April 2001. The first location opened in the Brea Mall in Brea, California. As of 2024, Torrid has over 650 stores in operation across all states in the United States and some regions of Canada. Torrid opened its first store in 2001, and an international store in Canada in August 2015. In July 2021, the company went public on the New York Stock Exchange, under the symbol CURV.
In June 2025, it was announced that Torrid would close 180 of its stores, roughly 30% of its retail footprint. Several factors ultimately prompted Torrid to move forward with this decision, including over half of its retail leases expiring this year, and Q1 2025 reports showed that over 60% of its sales were online.