04:27 PM EDT, 06/12/2024 (MT Newswires) -- Torrid Holdings ( CURV ) reported fiscal Q1 earnings late Wednesday of $0.12 per diluted share, up from $0.11 a year earlier.

Analysts polled by Capital IQ expected $0.07.

Net sales for the quarter that ended May 4 was $279.8 million, down from $293.9 million a year earlier.

Analysts surveyed by Capital IQ expected $280.5 million.

The company expects fiscal Q2 net sales of between $280 million and $285 million and full-year net revenue of $1.14 billion to $1.16 billion. Analysts polled by Capital IQ expect $287.9 million and $1.14 billion, respectively.

Shares of the company traded 9% higher in after-hours activity.

Price: 7.20, Change: +0.60, Percent Change: +9.09