Filing Flows › Torrid Holdings (CURV) › Q1 FY27
Torrid Holdings (CURV) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 11, 2026
Torrid Holdings (CURV) reported revenue of $246M for the first quarter fiscal 2027 (Q1 FY27), -8% from a year earlier and +4% from the quarter before. Operating margin was 3.5%, net earnings $414K (0.2% of revenue).
Torrid Holdings, Q1 FY27: revenue $246M (-8% year over year), operating margin 3.5%, net earnings $414K, operating cash flow $11.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $246M | +4% | -8% |
| Gross profit | $86.8M | +22% | -14% |
| Operating profit | $8.6M | — | -47% |
| Net earnings | $414K | — | -93% |
| Operating cash flow | $11.2M | — | — |
| Free cash flow | $5.7M | — | — |
What changed
Revenue was $245.8M in Q1 FY27, down 8% year over year and up 4% from the previous quarter. Apparel was the largest line at 93% of revenue. Apparel lost $12.0M year over year (down 5%), 60% of the total change.
Gross margin was 35.3%, down 2.8 points from Q1 FY26. Operating profit was $8.6M, a 3.5% margin (down 2.5 points year over year). Operating expenses fell 8% while revenue fell 8%. Net earnings were $414K, down 93% year over year. The effective tax rate was 52.5%.
Operating cash flow was $11.2M, 2700% of net earnings. Non-cash charges added back $6.7M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $5.5M left free cash flow of $5.7M.
Questions
What was Torrid Holdings' revenue in the first quarter fiscal 2027?
Torrid Holdings (CURV) reported revenue of $246M for the first quarter fiscal 2027 (Q1 FY27), -8% from a year earlier and +4% from the quarter before.
Was Torrid Holdings profitable in the first quarter fiscal 2027?
Operating profit was $8.6M (3.5% of revenue) and net earnings $414K.
Source: Torrid Holdings 10-Q on SEC EDGAR.