Filing Flows › Torrid Holdings (CURV) › Q2 FY27 › vs Q2 FY26
Torrid Holdings (CURV) Q2 FY27 vs Q2 FY26 (year over year)
Torrid Holdings's revenue fell $31.1M (-12%) from $263M in Q2 FY26 to $232M in Q2 FY27. The biggest changes: Apparel −$28.7M (-12%); Non-apparel −$3.8M (-28%); Other +$1.4M (+18%). Gross margin 38.7% against 35.6% (+3.2 pts).
Torrid Holdings, Q2 FY27: revenue $232M (-12% year over year), operating margin 6.3%, net earnings $5.2M, operating cash flow −$1.1M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 38.7% | 35.6% | +3.2 pts |
| Operating margin | 6.3% | 3.9% | +2.4 pts |
| Net margin | 2.2% | 0.6% | +1.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Apparel | $213M | $241M | −$28.7M | -12% |
| Non-apparel | $9.7M | $13.5M | −$3.8M | -28% |
| Other | $9.3M | $7.9M | $1.4M | +18% |
| Revenue | $232M | $263M | −$31.1M | -12% |
| Gross profit | $89.7M | $93.5M | −$3.7M | -4% |
| Cost of revenue | $142M | $169M | −$27.3M | -16% |
| Operating profit | $14.5M | $10.2M | $4.4M | +43% |
| Operating expenses | $75.2M | $83.3M | −$8.1M | -10% |
| Pre-tax earnings | $6.5M | $2.1M | $4.5M | +219% |
| Other expense, net | $8.0M | $8.1M | −$117K | -1% |
| SG&A | $61.9M | $70.5M | −$8.6M | -12% |
| Other operating costs | $13.3M | $12.8M | $509K | +4% |
| Net earnings | $5.2M | $1.6M | $3.6M | +230% |
| Income tax | $1.4M | $487K | $886K | +182% |
| Operating cash sources | $14.0M | −$3.0M | $17.0M | — |
| Depreciation & amortization | $5.4M | $9.8M | −$4.4M | -45% |
| Share-based compensation | $2.3M | $1.4M | $931K | +68% |
| Cash used in operations | $1.1M | −$15.7M | $16.9M | — |
| Working capital & other | $14.0M | −$3.0M | $17.0M | — |
Questions
How much did Torrid Holdings's revenue grow year over year in Q2 FY27?
Torrid Holdings's revenue fell $31.1M (-12%) from $263M in Q2 FY26 to $232M in Q2 FY27.
What drove Torrid Holdings's revenue change in Q2 FY27?
Apparel −$28.7M (-12%); Non-apparel −$3.8M (-28%); Other +$1.4M (+18%).