Filing Flows › Torrid Holdings (CURV) › Q1 FY27 › vs Q1 FY26
Torrid Holdings (CURV) Q1 FY27 vs Q1 FY26 (year over year)
Torrid Holdings's revenue fell $20.2M (-8%) from $266M in Q1 FY26 to $246M in Q1 FY27. The biggest changes: Apparel −$12.0M (-5%); Non-apparel −$8.7M (-48%); Other +$541K (+7%). Gross margin 35.3% against 38.1% (-2.8 pts).
Torrid Holdings, Q1 FY27: revenue $246M (-8% year over year), operating margin 3.5%, net earnings $414K, operating cash flow $11.2M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 35.3% | 38.1% | -2.8 pts |
| Operating margin | 3.5% | 6.0% | -2.5 pts |
| Net margin | 0.2% | 2.2% | -2.1 pts |
| Free cash flow margin | 2.3% | -7.7% | +10.0 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Apparel | $228M | $240M | −$12.0M | -5% |
| Non-apparel | $9.5M | $18.3M | −$8.7M | -48% |
| Other | $8.5M | $7.9M | $541K | +7% |
| Revenue | $246M | $266M | −$20.2M | -8% |
| Gross profit | $86.8M | $101M | −$14.6M | -14% |
| Cost of revenue | $159M | $165M | −$5.6M | -3% |
| Operating profit | $8.6M | $16.0M | −$7.5M | -47% |
| Operating expenses | $78.3M | $85.4M | −$7.1M | -8% |
| Pre-tax earnings | $871K | $8.6M | −$7.7M | -90% |
| Other expense, net | $7.7M | $7.5M | $237K | +3% |
| SG&A | $63.7M | $70.0M | −$6.3M | -9% |
| Other operating costs | $14.5M | $15.4M | −$817K | -5% |
| Net earnings | $414K | $5.9M | −$5.5M | -93% |
| Income tax | $457K | $2.6M | −$2.2M | -83% |
| Depreciation & amortization | $6.7M | $9.8M | −$3.1M | -31% |
| Share-based compensation | $2.0M | $1.5M | $550K | +37% |
| Working capital & other | $2.0M | −$35.2M | $37.2M | — |
| Operating cash flow | $11.2M | −$18.0M | $29.2M | — |
| Free cash flow (OCF − capex) | $5.7M | −$20.6M | $26.3M | — |
| Capital expenditures | $5.5M | $2.5M | $2.9M | +115% |
Questions
How much did Torrid Holdings's revenue grow year over year in Q1 FY27?
Torrid Holdings's revenue fell $20.2M (-8%) from $266M in Q1 FY26 to $246M in Q1 FY27.
What drove Torrid Holdings's revenue change in Q1 FY27?
Apparel −$12.0M (-5%); Non-apparel −$8.7M (-48%); Other +$541K (+7%).