Torrid misses by $0.04, misses on revs, comps -6.5%; guides Q4 revs below consensus
- Reports Q3 (Oct) loss of $(0.01) per share, $0.04 worse than the FactSet Consensus of $0.03; revenues fell 4.2% year/year to $263.77 mln vs the $284.29 mln FactSet Consensus.
- Comparable sales decreased -6.5% in Q3.
- Co issues downside guidance for Q4 (Jan), sees Q4 revs of $255-270 mln vs. $289.35 mln FactSet Consensus.
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