Torrid Holdings Inc. (NYSE:CURV) shares jumped 20% in after-hours trading on Thursday to $1.50.
The California-based plus-size clothing retailer reported fourth-quarter and fiscal 2025 results for the period ended Jan. 31, with full-year adjusted earnings before interest, taxes, depreciation, and amortization topping the high end of its own outlook.
Fiscal 2025 Full-Year Results
Full-year adjusted EBITDA for Torrid Holdings came in at $63.6 million, topping the high end of the company’s own outlook, while net sales reached $1.0 billion.
The company reported a net loss of $7 million, compared with net income of $16.3 million a year earlier.
The company said total liquidity stood at $84.9 million.
CEO Lisa Harper described 2025 as a “transformational year,” noting that early first-quarter trends show the turnaround is taking hold.
Fourth Quarter Results
In the fourth quarter, net sales fell 14.3% to $236.2 …