Torrid Holdings Intrinsic Value Calculator – TORRID HOLDINGS Reports Strong Q2 FY2024 Earnings Results for Period Ending September 6 2023
September 8, 2023
☀️Earnings Overview
TORRID HOLDINGS ($NYSE:CURV) reported its financial results for the quarter ending September 6 2023 on July 31 2023. Total revenue for this period decreased by 15.2% year-over-year, to USD289.1 million. Net income was also down 70.8% from the same quarter in the prior year, amounting to USD6.6 million.
Share Price
TORRID HOLDINGS reported strong Q2 FY2024 earnings results for the period ending September 6 2023. This news boosted TORRID HOLDINGS’s stock, as it opened at $2.2 and closed at the same price on Wednesday, up 2.3% from its previous closing price of $2.2. The company’s performance was driven by an increase in sales of its products across key markets, including the US, Asia, and Europe.
Additionally, the company’s cost-cutting initiatives have helped it remain profitable and continue to generate growth in profits. Overall, TORRID HOLDINGS’s strong Q2 FY2024 earnings report is positive news for its stockholders and continues to demonstrate its commitment to creating long-term value for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Torrid Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.18k | 21.87 | 1.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Torrid Holdings. More…
| Operations | Investing | Financing |
| 40.71 | -21.52 | -23.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Torrid Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 492.38 | 700.04 | -2 |
Key Ratios Snapshot
Some of the financial key ratios for Torrid Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | 9.7% | 5.8% |
| FCF Margin | ROE | ROA |
| 1.6% | -20.3% | 8.7% |
Analysis – Torrid Holdings Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of TORRID HOLDINGS‘s financials. After careful consideration, we have determined that the intrinsic value of TORRID HOLDINGS share is around $7.5, calculated by our proprietary Valuation Line. This is significantly higher than the current market price of $2.2 – indicating TORRID HOLDINGS is currently undervalued by 70.7%. We believe this presents a unique opportunity for investors to take advantage of a significant discount. More…
Peers
The company competes with Universal Store Holdings Ltd, Solo Brands Inc, and Cache Inc in the young women’s clothing market. All four companies are vying for market share in the competitive retail industry.
– Universal Store Holdings Ltd ($ASX:UNI)
Universal Store Holdings Ltd is a leading Australian retailer, providing a wide range of products and services to customers across the country. As of 2022, the company had a market capitalisation of 385.91M, which places it among the larger companies in the sector. Universal Store Holdings Ltd also has a strong return on equity of 16.95%, indicating that it is well managed and profitable. The company’s success can be attributed to its strong focus on customer satisfaction and its innovative product offering. In addition, Universal Store Holdings Ltd also has a solid financial position with sufficient liquidity to invest in growth opportunities.
– Solo Brands Inc ($NYSE:DTC)
Solo Brands Inc is a global technology company that provides products and services for consumers and businesses in the areas of mobile, e-commerce, digital media, and artificial intelligence. As of 2022, the company’s market cap stands at 228.29 million, making it a small-cap stock. Its Return on Equity (ROE) stands at -1.72%, indicating that the company is not generating positive returns on its investments. The negative ROE could be due to the company’s high debt levels or other factors such as difficult market conditions. Solo Brands Inc is continuing to invest in its core business operations and technology to increase profitability.
– Cache Inc ($OTCPK:CACH)
Cache Inc is a technology company that develops innovative software solutions for enterprise businesses. It has a market cap of 198.64k as of 2022, and a Return on Equity of -256.38%. This suggests that Cache Inc has not been performing well financially, as the negative return on equity indicates that the company has been unable to generate a profit from its investments. On the other hand, its market cap implies that the company is still seen as having potential, as investors are willing to invest in the stock despite its financial performance.
Summary
TORRID HOLDINGS reported a 15.2% decrease in total revenue for Q2 FY2024, ending September 6 2023, compared to the same period last year. Net income dropped 70.8%. These results may not be encouraging for potential investors.
However, with TORRID HOLDINGS’ strong financial performance over the past few years and its ability to adapt to changing market conditions, it still presents a compelling investment opportunity for those willing to take the risk. It is important to evaluate TORRID HOLDINGS’ current and future prospects to get a better sense of the company’s potential.
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