Torrid Holdings Inc. Common Stock (CURV)

FairStock Score: 19/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first for a durable business and a margin of safety. Torrid sells plus- and mid-size women's apparel through stores and e-commerce, a real niche, but the filed numbers show a retailer under pressure. Revenue fell from $1.2B in fiscal 2023 (ended 2024-02-03) to $1.1B in fiscal 2024 (ended 2025-02-01) and $1.0B in fiscal 2025 (ended 2026-01-31). Net income went from $11.6M to $16.3M and then to a $7.0M loss in fiscal 2025, or EPS of -$0.07. That fits FairStock's TURNAROUND category: a loss in the latest year after earlier profits. There is a glimmer in the most recent filing: fiscal Q2 2026, the quarter ended 2026-08-01, showed revenue of $231.7M, net income of $5.2M, and diluted EPS of $0.05. But one quarter does not prove a turnaround. The financial health signals are weak: trailing free cash flow is -$13.3M, FCF yield is -5.6%, ROCE is 1.15%, Altman Z-Score is -0.41, and the FairStock Score is 19/100. At the 2026-10-13 close of $2.36, the market cap is $235.3M; FairStock's P/E is -29.50 because earnings are negative, while EV/EBITDA is 8.26. I see no obvious moat - apparel retail is competitive, and Torrid's revenue trend and cash burn matter more than its brand niche. A Graham-style investor would demand a much larger discount or evidence of durable positive cash flow. The stock is a speculative turnaround, not a classic bargain, unless the latest quarter becomes a real trend.

In plain English: Torrid sells clothing, bras, sleepwear and accessories for plus- and mid-size women, both online and in stores. The business has been shrinking and lost money in its latest full year, though the most recent filed quarter was profitable. At $2.36 a share, the price looks speculative rather than clearly cheap, because cash is still going out the door and the company has not yet proven a steady recovery.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-08-01) · fiscal Q1 2026 10-Q (period ended 2026-05-02) · fiscal Q3 2025 10-Q (period ended 2025-11-01) · fiscal Q2 2025 10-Q (period ended 2025-08-02) · FY2025 10-K (period ended 2026-01-31) · FY2024 10-K (period ended 2025-02-01) · FY2023 10-K (period ended 2024-02-03)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer