In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Torrid Holdings (CURV – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $5.68.
Telsey covers the Consumer Cyclical sector, focusing on stocks such as Wolverine World Wide, Bath & Body Works, and Lululemon Athletica. According to TipRanks, Telsey has an average return of -0.2% and a 41.98% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Torrid Holdings with a $4.09 average price target.
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Based on Torrid Holdings’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $275.41 million and a GAAP net loss of $2.75 million. In comparison, last year the company earned a revenue of $300.2 million and had a net profit of $7.28 million
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Torrid Holdings (CURV) Company Description:
Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories.
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