Why Torrid Holdings Stock Was Falling Today
Shares of Torrid Holdings (NYSE: CURV) were sliding today after the plus-size women's apparel retailer posted disappointing results in its third-quarter earnings report.
As of 10:11 a.m. ET on Friday, the stock was down 18.5%.
Like some other apparel retailers, Torrid has seen sales and profits fade amid inventory challenges, a shift in consumer demand away from goods, and a highly promotional environment, and that trend continued in the third quarter.
Source Fool.com
