Torrid Holdings Inc. (NYSE: CURV) reported second-quarter fiscal 2026 net sales of $231.7 million, down 11.8% from $262.8 million a year earlier. Net income was $5.2 million, or $0.05 per basic and diluted share, compared with $1.6 million, or $0.02 per share, in the prior-year quarter.
The company raised its fiscal 2026 outlook to include an IEEPA tariff refund benefit recognized during the quarter. Torrid received $11.4 million in tariff benefits, including $11.1 million recorded as a reduction in cost of goods sold.
- Comparable sales decreased 6.3% in the quarter.
- Gross profit margin was 38.7%, compared with 35.6% a year earlier.
- Adjusted EBITDA, a non-GAAP measure, was $23.3 million, including the tariff refund benefit.
- Torrid closed six stores during the quarter, ending with 457 stores.
- Third-quarter net sales guidance is $230 million to $235 million.
- Full-year fiscal 2026 net sales guidance is $940 million to $960 million.
$CURV Insider Trading Activity
$CURV insiders have traded $CURV stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $CURV stock by insiders over the last 6 months:
- PAULA DEMPSEY (Chief Financial Officer) sold 42,785 shares for an estimated $88,265
- ASHLEE WHEELER (Chief Commercial Officer) sold 30,013 shares for an estimated $59,275
- CHINWE ABAELU (See Remarks) has made 0 purchases and 2 sales selling 25,401 shares for an estimated $54,996.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CURV Hedge Fund Activity
We have seen 60 institutional investors add shares of $CURV stock to their portfolio, and 38 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SYCAMORE PARTNERS MANAGEMENT, L.P. added 58,295,694 shares (+inf%) to their portfolio in Q2 2026, for an estimated $109,012,947
- SG AMERICAS SECURITIES, LLC added 2,226,504 shares (+117.0%) to their portfolio in Q2 2026, for an estimated $4,163,562
- MORGAN STANLEY added 926,614 shares (+3097.5%) to their portfolio in Q2 2026, for an estimated $1,732,768
- NOMURA HOLDINGS INC removed 500,017 shares (-9.0%) from their portfolio in Q2 2026, for an estimated $935,031
- SHAY CAPITAL LLC added 489,947 shares (+252.0%) to their portfolio in Q2 2026, for an estimated $916,200
- MUFG SECURITIES EMEA PLC added 400,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $748,000
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 343,899 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $612,140
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
