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Stock impact report

Spotting Winners: Torrid (NYSE:CURV) And Apparel Retailer Stocks In Q2 [Yahoo! Finance]

Torrid Holdings Inc. (CURV) 
Company Research Source: Yahoo! Finance
Today we are looking at Torrid (NYSE:CURV) and the best and worst performers in the apparel retailer industry. Apparel sales are not driven so much by personal needs but by seasons, trends, and innovation, and over the last few decades, the category has shifted meaningfully online. Retailers that once only had brick-and-mortar stores are responding with omnichannel presences. The online shopping experience continues to improve and retail foot traffic in places like shopping malls continues to stall, so the evolution of clothing sellers marches on. The 9 apparel retailer stocks we track reported a strong Q2. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11% since the latest earnings results. Weakest Q2: Torrid (NYSE:CURV) Promoting a message of body positivity and inclusiveness, Torrid Holdings (NYSE:CURV) is Show less Read more
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