Torrid Q2 FY26 net income rises to $5.2 million; net sales fall 11.8% to $231.7 million

• Torrid posted Q2 net income of $5.2 million, or $0.05 a share, up from $1.6 million a year earlier.
• Net sales fell 11.8% to $231.7 million, with comparable sales down 6.3%.
• Gross margin widened 3.1 percentage points to 38.7%, boosted by $11.1 million of IEEPA tariff refunds booked in cost of goods sold.
• Adjusted EBITDA (non-GAAP) rose to $23.3 million, including an $11.1 million tariff-refund benefit; excluding refunds it was $12.1 million.
• Management cited improving sales trends with a July inflection; raised FY2026 guidance to reflect the tariff-refund benefit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Torrid Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609031605BIZWIRE_USPR_____20260903_BW002594) on September 03, 2026, and is solely responsible for the information contained therein.