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US’ Torrid Q1 FY26 sales fall 7.6% despite guidance beat

Torrid Holdings reported first-quarter FY26 net sales of $245.8 million, down 7.6 per cent year-on-year, while net income fell to $0.4 million from $5.9 million.
Comparable sales declined 1.7 per cent and adjusted EBITDA dropped to $17.6 million.
The company closed 20 stores during the quarter and expects FY26 net sales between $940 million and $960 million.Torrid Holdings reported first-quarter FY26 net sales of $245.8 million, down 7.6 per cent year-on-year, while net income fell to $0.4 million from $5.9 million.
Comparable sales declined 1.7 per cent and adjusted EBITDA dropped to $17.6 million.
The company closed 20 stores during the quarter and expects FY26 net sales between $940 million and $960 million.

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