Torrid Plans to Close 180 Stores to Shift Towards Digital Business
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2025
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Source: Yahoo Finance
- Market Growth Potential: The women's plus-size clothing market is projected to generate $23.6 billion in revenue in 2024 and reach $37.4 billion by 2033, growing at a CAGR of 6.5%, indicating a rising demand for inclusive fashion.
- Retail Transformation Strategy: Torrid plans to close up to 180 underperforming stores by the end of 2025 to reduce fixed costs and reinvest in customer acquisition and omnichannel enhancements, reflecting a broader retail shift towards digital channels.
- Sales Performance Decline: Torrid reported a 10.8% year-over-year decline in net sales to $235.2 million in the third quarter, with a net loss of $6.4 million, highlighting the pressures and need for adjustments in a competitive market.
- Future Planning Adjustments: For 2026, Torrid aims to implement a more strategically balanced assortment architecture, with approximately 30% of offerings at opening price points, designed to enhance customer value and competitiveness in response to evolving consumer demands.
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Analyst Views on CURV
Wall Street analysts forecast CURV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CURV is 1.44 USD with a low forecast of 0.75 USD and a high forecast of 2.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
3 Hold
2 Sell
Hold
Current: 1.220
Low
0.75
Averages
1.44
High
2.00
Current: 1.220
Low
0.75
Averages
1.44
High
2.00
About CURV
Torrid Holdings Inc. is a direct-to-consumer brand of apparel, intimates, and accessories in North America. The Company is focused on fit and offers products across a broad assortment, which includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. It designs, develops and merchandises almost all of its products in-house, under the Torrid, Torrid Curve, CURV and Lovesick brand names. The Company operates in one segment, being the operation of its e-commerce platform and stores. Through its unified commerce platform, which includes its e-commerce and retail stores, it delivers a brand experience to its customers. Its e-commerce channel is central to its unified commerce platform. Its Website and mobile app feature updates on new collections and guidance on how to wear and put together outfits. It operates approximately 634 stores in the United States, Puerto Rico and Canada. Its stores are located in malls, shopping plazas, and lifestyle centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Torrid Plans to Close 180 Stores to Shift Towards Digital Business
- Market Growth Potential: The women's plus-size clothing market is projected to generate $23.6 billion in revenue in 2024 and reach $37.4 billion by 2033, growing at a CAGR of 6.5%, indicating a rising demand for inclusive fashion.
- Retail Transformation Strategy: Torrid plans to close up to 180 underperforming stores by the end of 2025 to reduce fixed costs and reinvest in customer acquisition and omnichannel enhancements, reflecting a broader retail shift towards digital channels.
- Sales Performance Decline: Torrid reported a 10.8% year-over-year decline in net sales to $235.2 million in the third quarter, with a net loss of $6.4 million, highlighting the pressures and need for adjustments in a competitive market.
- Future Planning Adjustments: For 2026, Torrid aims to implement a more strategically balanced assortment architecture, with approximately 30% of offerings at opening price points, designed to enhance customer value and competitiveness in response to evolving consumer demands.
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Torrid Holdings (CURV) Price Target Reduced by 22.88% to $1.50
Price Target Revision: The average one-year price target for Torrid Holdings (NYSE:CURV) has been revised down to $1.50 per share, a decrease of 22.88% from the previous estimate of $1.95, although it represents a 39.31% increase from the latest closing price of $1.08.
Fund Sentiment: There are 157 funds reporting positions in Torrid Holdings, with a decrease of 14 funds (8.19%) in the last quarter. The average portfolio weight for these funds is 0.03%, which has increased by 11.27%, while total shares owned by institutions decreased by 2.50% to 85,426K shares.
Shareholder Activity: Sycamore Partners Management remains the largest shareholder with 58.77% ownership, while Fund 1 Investments reduced its stake by 6.30%. Nomura Holdings increased its holdings by 48.68%, and Citadel Advisors also increased its shares by 6.82%, despite reducing their portfolio allocation significantly.
Fintel Overview: Fintel provides comprehensive investing research tools, including fundamentals, analyst reports, ownership data, and options sentiment, aimed at individual investors and small hedge funds to enhance their investment strategies.
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