Investing.com - Torrid Holdings reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Torrid Holdings announced earnings per share of $0.22 on revenue of $340.9M. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $340.77M.
Torrid Holdings shares are down 13% from the beginning of the year , still down 78.54% from its 52 week high of $25.02 set on Thursday, September 9, 2021. They are outperforming the Nasdaq which is down 24.63% year to date.
Torrid Holdings follows other major Consumer Discretionary sector earnings this month
Torrid Holdings's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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