financetom
Business
financetom
/
Business
/
Torrid Holdings Fiscal Q3 Net Loss Narrows, Sales Fall; Shares Drop After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Torrid Holdings Fiscal Q3 Net Loss Narrows, Sales Fall; Shares Drop After Hours
Dec 3, 2024 2:11 PM

04:51 PM EST, 12/03/2024 (MT Newswires) -- Torrid Holdings ( CURV ) reported a fiscal Q3 net loss Tuesday of $0.01 per diluted share, narrowing from the loss of $0.03 a year earlier.

Analysts polled by FactSet expected earnings of $0.03 per share.

Net sales in the three months ended Nov. 2 fell to $263.8 million from $275.4 million a year earlier.

Four analysts surveyed by FactSet expected $284.3 million.

The company expects Q4 net sales of $255 million to $270 million.

Four analysts polled by FactSet project $289.3 million.

The company expects full-year net sales of $1.08 billion to $1.1 billion.

Analysts surveyed by FactSet expect $1.13 billion.

The company's shares fell 19% in recent after-hours trading.

Price: 3.71, Change: -0.87, Percent Change: -19.00

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Moderna's Bancel Steps Down as Sales Chief, Keeps CEO Post, Bloomberg Reports
--Moderna's Bancel Steps Down as Sales Chief, Keeps CEO Post, Bloomberg Reports
Nov 5, 2024
12:58 PM EST, 11/05/2024 (MT Newswires) -- Price: 52.37, Change: -1.17, Percent Change: -2.19 ...
What's Going On With Celanese Stock Tuesday?
What's Going On With Celanese Stock Tuesday?
Nov 5, 2024
Celanese Corporation ( CE ) shares are tumbling on Tuesday after the company reported worse-than-expected third-quarter financial results and announced it intends to temporarily reduce its quarterly dividend. What Happened: Celanese reported third-quarter adjusted earnings per share of $2.44, missing analyst estimates of $2.85. The company reported sales of $2.65 billion, missing analyst estimates of $2.7 billion, according to Benzinga...
Looking At Super Micro Computer's Recent Unusual Options Activity
Looking At Super Micro Computer's Recent Unusual Options Activity
Nov 5, 2024
Financial giants have made a conspicuous bullish move on Super Micro Computer ( SMCI ). Our analysis of options history for Super Micro Computer ( SMCI ) revealed 103 unusual trades. Delving into the details, we found 42% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 83 were puts, with a value...
Update: AGCO Shares Fall After Q3 Adjusted Net Income, Revenue Decline; 2024 Outlook Lowered
Update: AGCO Shares Fall After Q3 Adjusted Net Income, Revenue Decline; 2024 Outlook Lowered
Nov 5, 2024
12:46 PM EST, 11/05/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.) AGCO ( AGCO ) shares fell by 9% in recent trading on Tuesday after the maker of agricultural machinery reported a decline in Q3 adjusted net income and revenue and lowered its full-year guidance. The company reported Q3 adjusted net income of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved