Torrid (CURV)


Market Price (9/30/2026): $2.37 | Market Cap: $-Sector: Consumer Discretionary | Industry: Apparel Retail

Torrid (CURV)


Market Price (9/30/2026): $2.37
Market Cap: $-
Sector: Consumer Discretionary
Industry: Apparel Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Weak multi-year price returns
2Y Excs Rtn is -76%

Key risks
CURV key risks include [1] declining revenue and profitability due to execution missteps, Show more.

0 Weak multi-year price returns
2Y Excs Rtn is -76%
1 Key risks
CURV key risks include [1] declining revenue and profitability due to execution missteps, Show more.

CURV in ETFs

Weight = CURV's share of each fund

VTI0.00%
IWM0.00%
IWN0.74%
VTWO0.00%
SCHA0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/22/2026

Torrid (CURV) stock has gained about 50% since 5/31/2026 because of the following key factors:

1. Torrid reported a strong beat in its fiscal Q2 2027 earnings and subsequently raised its full-year guidance. The company announced an EPS of $0.05 for fiscal Q2 2027 (ended around August 2026), significantly exceeding analysts' consensus estimates of -$0.03. Net income for the quarter rose by 230% year-over-year to $5.18 million. Additionally, Torrid raised its fiscal 2026 adjusted EBITDA outlook to a range of $76 million to $86 million, a revision influenced by an $11.1 million tariff refund benefit recognized in Q2 2027. This positive earnings surprise and improved outlook likely instilled investor confidence.

2. The company demonstrated improving sales trends, successful customer growth initiatives, and robust performance in its sub-brand platform. Management indicated that sales trends "improved meaningfully" throughout fiscal Q2 2027, with July marking a "clear inflection point" where comparable sales returned to positive territory, and momentum continued into August. This was attributed to enhanced customer acquisition and reactivation across marketing channels, including the relaunch of community engagement programs. Furthermore, Torrid's sub-brand platform achieved approximately 74% year-over-year growth year-to-date and is on track to reach $110 million in sales for fiscal 2026, representing 60% growth over fiscal 2025.

Show more
Updated on 9/22/2026

Torrid (CURV) stock has gained about 50% since 5/31/2026 because of the following key factors:

1. Torrid reported a strong beat in its fiscal Q2 2027 earnings and subsequently raised its full-year guidance. The company announced an EPS of $0.05 for fiscal Q2 2027 (ended around August 2026), significantly exceeding analysts' consensus estimates of -$0.03. Net income for the quarter rose by 230% year-over-year to $5.18 million. Additionally, Torrid raised its fiscal 2026 adjusted EBITDA outlook to a range of $76 million to $86 million, a revision influenced by an $11.1 million tariff refund benefit recognized in Q2 2027. This positive earnings surprise and improved outlook likely instilled investor confidence.

2. The company demonstrated improving sales trends, successful customer growth initiatives, and robust performance in its sub-brand platform. Management indicated that sales trends "improved meaningfully" throughout fiscal Q2 2027, with July marking a "clear inflection point" where comparable sales returned to positive territory, and momentum continued into August. This was attributed to enhanced customer acquisition and reactivation across marketing channels, including the relaunch of community engagement programs. Furthermore, Torrid's sub-brand platform achieved approximately 74% year-over-year growth year-to-date and is on track to reach $110 million in sales for fiscal 2026, representing 60% growth over fiscal 2025.

3. Strategic cost optimization efforts contributed to margin expansion. Torrid is on track to achieve approximately $40 million in expense savings in fiscal 2026 through its store optimization initiative, having already realized about $22 million of these savings in the first half of the fiscal year. These efforts resulted in a 10-12% year-over-year decrease in selling, general, and administrative (SG&A) expenses and an improvement in gross margin to 38.7% in fiscal Q2 2027, up from 35.6% in the prior year.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

null
null

Market Drivers

5/31/2026 to 9/29/2026
ReturnCorrelation
CURV48.1% 
Market (SPY)1.3%-1.0%
Sector (XLY)-9.5%9.8%

Fundamental Drivers

null
null

Market Drivers

2/28/2026 to 9/29/2026
ReturnCorrelation
CURV132.4% 
Market (SPY)12.0%-1.1%
Sector (XLY)-6.2%13.7%

Fundamental Drivers

null
null

Market Drivers

8/31/2025 to 9/29/2026
ReturnCorrelation
CURV8.7% 
Market (SPY)19.8%2.8%
Sector (XLY)-5.1%13.5%

Fundamental Drivers

null
null

Market Drivers

8/31/2023 to 9/29/2026
ReturnCorrelation
CURV4.9% 
Market (SPY)76.1%16.9%
Sector (XLY)31.0%20.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CURV Return-59%-70%95%-9%-81%145%-90%
Peers Return10%-52%40%9%38%-31%-23%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
CURV Win Rate17%17%50%50%25%56% 
Peers Win Rate50%29%58%46%46%50% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
CURV Max Drawdown--74%-72%-64%-86%-42% 
Peers Max Drawdown-50%-64%-40%-35%-45%-47% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: AEO, LE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/29/2026 (YTD)

How Low Can It Go

EventCURVS&P 500
2025 US Tariff Shock
  % Loss-26.3%-18.8%
  % Gain to Breakeven35.7%23.1%
  Time to Breakeven21 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-50.8%-9.5%
  % Gain to Breakeven103.3%10.5%
  Time to Breakeven50 days24 days
2023 SVB Regional Banking Crisis
  % Loss-36.1%-6.7%
  % Gain to Breakeven56.5%7.1%
  Time to Breakeven166 days31 days

Compare to AEO, LE

In The Past

Torrid's stock fell -26.3% during the 2025 US Tariff Shock. Such a loss loss requires a 35.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCURVS&P 500
2025 US Tariff Shock
  % Loss-26.3%-18.8%
  % Gain to Breakeven35.7%23.1%
  Time to Breakeven21 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-50.8%-9.5%
  % Gain to Breakeven103.3%10.5%
  Time to Breakeven50 days24 days
2023 SVB Regional Banking Crisis
  % Loss-36.1%-6.7%
  % Gain to Breakeven56.5%7.1%
  Time to Breakeven166 days31 days

Compare to AEO, LE

In The Past

Torrid's stock fell -26.3% during the 2025 US Tariff Shock. Such a loss loss requires a 35.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Torrid (CURV)

Torrid Holdings Inc. (CURV) is a North American specialty retailer focusing exclusively on the women's plus-size apparel and intimates market. The company is dedicated to designing, developing, and merchandising fashion-forward products tailored for its specific customer base, operating under its well-recognized Torrid and Torrid Curve brand names.

The company offers a wide array of products across numerous categories, including tops, bottoms, dresses, denims, activewear, intimates, sleepwear, swimwear, and outerwear. Beyond clothing, Torrid also provides a selection of non-apparel items such as accessories, footwear, and beauty products, aiming to be a comprehensive lifestyle destination for plus-size women.

Torrid's primary customers are women seeking fashionable and comfortable clothing in plus sizes. The company serves this market across North America, operating in all 50 U.S. states, Puerto Rico, and Canada. Torrid utilizes a dual-channel sales strategy, reaching consumers through its robust e-commerce platform as well as through its network of physical stores, which totaled 624 locations as of January 29, 2022.

AI Analysis | Feedback

Imagine an Old Navy or H&M, but exclusively focused on stylish apparel for plus-size women.

A Victoria's Secret for plus-size women, but with a full range of everyday fashion in addition to intimates.

The Lululemon or Athleta for women's plus-size fashion, creating a dedicated brand experience for a specific apparel niche.

AI Analysis | Feedback

  • Women's Plus-Size Apparel: A diverse range of clothing items for plus-size women, including tops, bottoms, dresses, denims, activewear, sleepwear, swimwear, and outerwear.
  • Intimates: Products like bras, underwear, and other intimate apparel designed for comfort and fit.
  • Accessories: Non-apparel items such as jewelry, handbags, scarves, and other complementary fashion products.
  • Footwear: Various types of shoes, boots, and sandals designed to fit a range of styles and occasions.
  • Beauty Products: Cosmetics, skincare, and other personal care items to complete a look.

AI Analysis | Feedback

Torrid (CURV) sells primarily to individuals, not to other companies. Its major customers can be categorized as:

  • Plus-size women seeking fashionable everyday apparel: This category includes customers looking for stylish and comfortable clothing for daily wear, such as tops, bottoms, dresses, denim, and activewear, along with coordinating accessories and footwear.
  • Plus-size women seeking intimates and sleepwear: This segment focuses on customers specifically seeking well-fitting and comfortable intimates and sleepwear designed for plus-size figures.
  • Plus-size women seeking occasion-specific or seasonal wear: This category encompasses customers looking for specialized apparel for various occasions, such as swimwear for vacations, outerwear for different seasons, or specific dresses for events, along with complementary beauty products.

AI Analysis | Feedback

null

AI Analysis | Feedback

Lisa Harper, Chief Executive Officer Lisa Harper has served as Torrid's Chief Executive Officer since May 2022 and has been a member of its board of directors and its predecessor since 2008. She previously served as CEO of Belk from July 2016 through July 2021 and as Executive Chairperson from July 2021 until May 2022. Harper also served as CEO of Torrid and Hot Topic from March 2011 until June 2016. From February 2001 to July 2006, she held various positions with The Gymboree Corporation, including CEO and Chairman of the board of directors. Her career also includes merchandising and design roles at retailers such as Limited Too, Esprit, GapKids, Mervyn's, and Levi Strauss. She led Belk's expedited pre-packaged Chapter 11 restructuring. Harper also serves as a director at Hot Topic, a Sycamore affiliate, and Torrid itself was acquired by the private-equity firm Sycamore Partners in 2013. Paula Dempsey, Chief Financial Officer Paula Dempsey was appointed Chief Financial Officer effective December 4, 2023. Prior to this, she served as Senior Vice President and Interim Chief Financial Officer and joined Torrid in January 2023 as Senior Vice President of Finance and Investor Relations. Before joining Torrid, Ms. Dempsey held the roles of Senior Vice President of Corporate Finance at Mattress Firm, Inc. until December 2022, and Vice President of Financial Planning and Analysis from December 2020 to January 2022. Her previous experience includes various leadership roles in finance and financial planning and analysis at PriceSmart, Inc. (NASDAQ: PSMT) and Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC). Vivian Alhorn, Chief Marketing Officer Vivian Alhorn has served as Torrid's Chief Marketing Officer since March 2023. Her prior roles at Torrid include Senior Vice President, Chief Digital Officer from May 2022 to March 2023, and Vice President, Digital Experience from August 2021 to May 2022. Before Torrid, she was Vice President, Digital at Gap Inc., Banana Republic Division, from October 2016 to August 2020, and Vice President, eCommerce at Pottery Barn from September 2015 to August 2016. She also served as Vice President, Merchandising and Web Production at Sephora from August 2014 to August 2015. She has over 20 years of experience across various brands and leadership roles within eCommerce, merchandising, design, and sourcing at GAP Inc. Bridgett Zeterberg, Chief Human Resources Officer and Chief Legal Officer Bridgett Zeterberg has served as Torrid's Chief Human Resources Officer and Chief Legal Officer since October 2022. She previously held the position of Senior Vice President, Chief Legal Officer at Torrid from July 2022 to October 2022. Prior to Torrid, Ms. Zeterberg served as Executive Vice President Human Resources, General Counsel, and Corporate Secretary at Tuesday Morning, where she held various roles beginning in July 2016. She also held leadership positions as Senior Vice President, General Counsel, and Corporate Secretary of Zale Corporation, and Senior Vice President, General Counsel of Total Wine & More. Hyon Park, Chief Operating Officer and Chief Technology Officer Hyon Park is the Chief Operating Officer and Chief Technology Officer at Torrid. He joined the company as Chief Technology Officer in September 2022. Mr. Park has 25 years of experience in information technology and consulting, with two decades of direct-to-consumer retail expertise. Before joining Torrid, he served as the Chief Technology Officer of Belk and held roles at Tailored Brands and Gymboree.

AI Analysis | Feedback

Here are the key risks to Torrid's business:

  1. Declining Financial Performance: Torrid has experienced a significant deterioration in its financial results, including sales misses, year-over-year revenue decreases, and pressure on profitability. For instance, the company reported third-quarter sales of $235 million, hitting the low end of guidance, with key categories underperforming. Adjusted EBITDA also saw a substantial decline, from $19.6 million in the prior year to $9.8 million, largely due to deeper-than-expected promotions eroding profitability. Net losses have also widened, and operating cash flow has turned negative.

  2. High Net Debt and Liquidity Concerns: The company's net debt has surged, reaching approximately $273.7 million by the third quarter of 2025. This significant debt load, compared to its cash on the balance sheet, coupled with a high net-debt-to-EBITDA ratio, indicates potential financial strain and liquidity concerns for the business.

  3. Assortment and Execution Missteps: Torrid has faced internal operational challenges related to its product assortment and execution. Poor performance in core categories, such as tops, contributed significantly to sales misses and customer pullback due to an imbalance in the assortment mix. The company also paused footwear sales at one point due to tariffs, which further impacted results.

AI Analysis | Feedback

The increasing adoption of size-inclusive strategies by mainstream fashion brands poses a clear emerging threat to Torrid. Historically, Torrid thrived by specializing in the underserved plus-size market. However, a growing number of established retailers and direct-to-consumer brands are expanding their size ranges significantly, offering plus-size options within their core collections rather than through separate, specialized sub-brands or stores. This trend dilutes Torrid's unique value proposition and introduces a wider array of competitive choices for consumers who previously had limited fashionable options in their size.

AI Analysis | Feedback

Torrid Holdings Inc. operates within the women's plus-size apparel and intimates market in North America. The addressable market sizes for their main products and services in this region are as follows:

Women's Plus-Size Apparel Market (North America)

  • The North American plus-size clothing market generated a revenue of approximately USD 136.9 billion in 2023 and is projected to reach approximately USD 170.7 billion by 2030, with a compound annual growth rate (CAGR) of 3.2% from 2024 to 2030.
  • In the United States, the plus-size women's clothing market is anticipated to reach USD 111.5 billion by 2025 and is forecasted to grow to USD 159.4 billion by 2034, exhibiting a CAGR of 4.1% from 2025 to 2034.
  • For Canada, the plus-size women's clothing market is projected to grow from approximately USD 5.99 billion in 2023 to about USD 9.89 billion by 2032, with a CAGR of 5.73%.

Women's Plus-Size Intimates Market (North America)

  • The intimate lingerie market in North America generated a revenue of approximately USD 3.83 billion in 2022 and is expected to reach approximately USD 7.42 billion by 2030, growing at a CAGR of 8.6% from 2023 to 2030. This market shows a shift towards more comfortable and body-inclusive lingerie, with increasing demand for diverse sizes including plus-size options.
  • Specifically for the U.S. lingerie market (which includes plus-size offerings where Torrid is a significant player), the market size was estimated at USD 17.11 billion in 2024 and is projected to reach USD 31.40 billion by 2033, with a CAGR of 7.2% from 2025 to 2033. Torrid is noted for dominating the plus-size lingerie market in the U.S.
  • The intimate lingerie market in Canada generated a revenue of USD 407.6 million in 2022 and is expected to reach USD 760.3 million by 2030.

AI Analysis | Feedback

Torrid Holdings Inc. (CURV) is focusing on several key drivers to fuel its revenue growth over the next 2-3 years, as outlined in recent company statements and analyst insights:

  1. Product Innovation and Sub-Brand Expansion: Torrid is strategically investing in product innovation within its core assortment and expanding its offerings through new sub-brands. The company has launched sub-brands such as Festi, Nightfall, and Retro Chic, which have shown strong customer engagement, particularly attracting a younger demographic. This initiative is expected to drive incremental lifestyle purchases and positive customer response.
  2. Enhanced Digital Marketing and Customer Acquisition: The company plans to increase its investment in digital marketing to elevate brand recognition and customer engagement. This includes expanding digital and influencer marketing efforts with the goal of attracting new customers and reactivating existing ones, thereby expanding its customer base.
  3. Retail Footprint Optimization: While Torrid intends to close some underperforming stores, its broader strategy involves optimizing its retail footprint. This optimization focuses on enhancing store economics, refreshing store environments, and aligning sales channels with evolving customer demand. The aim is to improve overall profitability and accelerate growth in the digital channel by focusing on more productive locations.
  4. Improved Assortment and Maximizing Full-Price Sales: Torrid has been concentrating on enhancing its product assortment and optimizing channel investments to maximize regular price sell-through. This strategy, coupled with disciplined inventory management, is designed to reduce promotional activity, drive higher full-price sales, and expand product margins.
  5. Leveraging Multi-Brand Strategy: The company's multi-brand strategy, particularly the performance of its sub-brands, is expected to continue contributing to revenue growth. These sub-brands have reportedly outperformed expectations, with projections indicating increased penetration rates in the upcoming fiscal years.

AI Analysis | Feedback

Share Repurchases

  • Torrid had an active $100 million authorization for share repurchase, with approximately $45 million remaining as of September 2025.
  • In the second quarter of fiscal 2025 (ended August 2, 2025), the company repurchased roughly 6 million shares at $3.50 per share, totaling $20 million.
  • Concurrent with a secondary offering in June 2025, Torrid agreed to repurchase $20 million of its shares from Sycamore Partners.

Share Issuance

  • In June 2025, an underwritten public offering of 10 million shares of common stock was launched by certain stockholders; however, Torrid did not receive any proceeds from this sale.
  • Torrid's Initial Public Offering (IPO) in 2021 involved 12,650,000 common shares at $21.00 per share, generating gross proceeds of $265.65 million, but all proceeds went to the selling shareholders, not the company.

Capital Expenditures

  • For the full fiscal year 2025, capital expenditures were expected to be between $15 million and $20 million, aimed at infrastructure and technology investments, and opening 4 to 8 new stores.
  • Expected capital expenditures for fiscal year 2025 were also stated as $10 million to $15 million, with a focus on digital experience, store refreshes, and fulfillment capabilities to support the omnichannel growth strategy.

Peer Outperformance in Apparel Retail

CURV has trailed 80% of its 25 Apparel Retail peers over 5Y. Apparel Retail ranks 13th of 23 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Apparel Retail constituents that CURV has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
74%
of 27 industry peers · 35.4% return
3Y
48%
of 27 industry peers · 7.2% return
5Y
20%
of 25 industry peers · -84.6% return
No Apparel Retail peer with a comparable growth profile has beaten CURV by more than 20pp over 5Y.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Apparel Retail is CURV's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -22.2%67.9%64.1% LINC 222% · CVSA 216% · PRDO 205%
Homebuilding 18 -9.1%33.9%52.7% GRBK 228% · PHM 170% · TOL 159%
Specialty Stores 7 0.7%38.0%25.0% SIG 41% · DKS 27% · FIVE 26%
Hotels, Resorts & Cruise Lines 21 12.6%34.7%3.3% RCL 203% · MAR 155% · HLT 148%
Home Improvement Retail 5 -27.2%-4.3%-0.4% HVT 16% · LOW 2% · HD 0%
Automotive Retail 18 -19.6%-6.3%-4.2% MUSA 211% · PAG 127% · ORLY 111%
Restaurants 35 -8.8%-13.0%-12.3% EAT 306% · CAKE 157% · BH-A 107%
Home Furnishings 4 -7.1%24.3%-13.0% SGI 41% · LZB 4% · MHK -30%
Distributors 4 -13.1%-25.8%-13.1% ARMK 143% · GPC 21% · LKQ -47%
Footwear 9 56.5%52.0%-14.5% WEYS 185% · DECK 29% · SHOO 26%
Specialized Consumer Services 10 -16.3%11.8%-19.8% HRB 92% · FTDR 75% · SCI 38%
Leisure Products 13 -25.0%-21.6%-36.4% GOLF 89% · HAS 21% · MCFT -20%
Apparel Retail ← 26 4.7%9.6%-40.0% ANF 255% · URBN 155% · ROST 127%
Leisure Facilities 11 -0.2%-13.8%-41.8% OSW 137% · JAKK 132% · ESCA 25%
Household Appliances 18 -4.3%-1.5%-42.9% FLXS 212% · HBB 186% · KEQU 155%
Automotive Parts & Equipment 38 -13.4%-14.3%-43.7% MOD 1522% · GTX 267% · CAAS 77%
Computer & Electronics Retail 3 -12.7%44.3%-45.8% BBY 6% · GME -46% · UPBD -63%
Apparel, Accessories & Luxury Goods 29 -13.0%10.8%-48.2% RL 253% · TPR 250% · ELA 200%
Broadline Retail 15 -3.0%24.2%-50.3% DDS 405% · EBAY 65% · AMZN 50%
Casinos & Gaming 19 -22.5%-33.6%-59.3% MCRI 95% · RRR 21% · LVS 12%
Consumer Electronics 11 -13.6%-23.7%-73.5% AXIL 3183% · GRMN 107% · SONO -45%
Automobile Manufacturers 8 -78.0%-50.4%-74.5% GM 59% · TSLA 36% · F 18%
Other Specialty Retail 18 -37.4%-47.3%-79.7% TLF 101% · BBW 82% · WINA 66%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CURVAEOLEMedian
NameTorrid American.Lands' E. 
Mkt Price2.3718.1510.2410.24
Mkt Cap--0.30.3
Rev LTM--1,3211,321
Op Inc LTM--22
FCF LTM---73-73
FCF 3Y Avg---4-4
CFO LTM---37-37
CFO 3Y Avg--3131

Growth & Margins

CURVAEOLEMedian
NameTorrid American.Lands' E. 
Rev Chg LTM--0.4%0.4%
Rev Chg 3Y Avg---4.8%-4.8%
Rev Chg Q--2.7%2.7%
QoQ Delta Rev Chg LTM--0.6%0.6%
Op Inc Chg LTM---94.8%-94.8%
Op Inc Chg 3Y Avg--9.0%9.0%
Op Mgn LTM--0.2%0.2%
Op Mgn 3Y Avg--1.7%1.7%
QoQ Delta Op Mgn LTM---0.0%-0.0%
CFO/Rev LTM---2.8%-2.8%
CFO/Rev 3Y Avg--2.2%2.2%
FCF/Rev LTM---5.6%-5.6%
FCF/Rev 3Y Avg---0.4%-0.4%

Valuation

CURVAEOLEMedian
NameTorrid American.Lands' E. 
Mkt Cap--0.30.3
P/S--0.20.2
P/Op Inc--123.0123.0
P/EBIT--0.60.6
P/E--0.90.9
P/CFO---8.2-8.2
Total Yield--114.9%114.9%
Dividend Yield--0.0%0.0%
FCF Yield 3Y Avg---2.8%-2.8%
D/E--0.30.3
Net D/E--0.20.2

Returns

CURVAEOLEMedian
NameTorrid American.Lands' E. 
1M Rtn3.9%7.6%-15.1%3.9%
3M Rtn26.7%6.3%-2.3%6.3%
6M Rtn33.1%10.2%-8.9%10.2%
12M Rtn35.4%8.2%-28.7%8.2%
3Y Rtn7.2%19.4%37.0%19.4%
1M Excs Rtn4.5%8.1%-14.5%4.5%
3M Excs Rtn24.5%4.0%-4.6%4.0%
6M Excs Rtn13.0%-6.5%-33.7%-6.5%
12M Excs Rtn18.4%-11.6%-47.0%-11.6%
3Y Excs Rtn7.6%-45.3%-35.3%-35.3%

Comparison Analyses

null

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Apparel9139891,0251,1191,170
Non-apparel538393135109
Other3432343418
Total1,0001,1041,1521,2881,297


Price Behavior

Price Behavior
Market Price$2.37 
Market Cap ($ Bil)0.2 
First Trading Date07/01/2021 
Distance from 52W High-13.8% 
   50 Days200 Days
DMA Price$2.35$1.72
DMA Trendupup
Distance from DMA0.7%37.8%
 3M1YR
Volatility58.6%79.3%
Downside Capture88.2346.66
Upside Capture206.8373.74
Correlation (SPY)10.2%1.6%
CURV Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta2.300.14-0.32-0.180.130.95
Up Beta0.28-2.39-1.290.180.681.16
Down Beta-2.31-2.23-3.99-3.09-2.070.25
Up Capture220%277%252%169%69%115%
Bmk +ve Days10213268138427
Stock +ve Days9263772123376
Down Capture674%88%76%-17%98%107%
Bmk -ve Days11213259113324
Stock -ve Days11152548108336

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CURV
CURV34.1%79.2%0.70-
Sector ETF (XLY)-8.4%19.4%-0.5813.9%
Equity (SPY)16.5%13.0%0.901.5%
Gold (GLD)10.5%29.6%0.34-9.3%
Commodities (DBC)40.5%20.8%1.52-15.0%
Real Estate (VNQ)3.2%13.6%-0.020.8%
Bitcoin (BTCUSD)-24.6%44.7%-0.508.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CURV
CURV-33.5%83.3%-0.11-
Sector ETF (XLY)4.8%24.1%0.1630.5%
Equity (SPY)13.5%17.2%0.6027.6%
Gold (GLD)18.2%18.9%0.78-1.6%
Commodities (DBC)10.6%19.6%0.423.1%
Real Estate (VNQ)0.9%18.9%-0.0626.0%
Bitcoin (BTCUSD)15.3%52.4%0.4616.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CURV
CURV-20.8%84.3%-0.14-
Sector ETF (XLY)11.9%22.2%0.4929.5%
Equity (SPY)15.4%17.9%0.7326.4%
Gold (GLD)11.8%16.4%0.59-1.3%
Commodities (DBC)8.3%18.1%0.372.5%
Real Estate (VNQ)4.6%20.7%0.1824.1%
Bitcoin (BTCUSD)63.5%66.2%1.0315.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9152026
Short Interest: Shares Quantity4.4 Mil
Short Interest: % Change Since 83120263.7%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest6.0 days

Returns Analyses

Earnings Returns History

Updated 9/15/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/3/20269.4%0.9% 
6/4/202618.0%36.0%33.8%
3/19/202628.0%37.6%76.8%
12/3/2025-13.7%-13.7%-15.3%
9/4/2025-25.2%-18.9%-26.5%
6/5/2025-1.0%-0.6%-45.2%
12/3/2024-25.1%-11.6%24.0%
9/4/20249.0%8.8%-43.8%
...
SUMMARY STATS   
# Positive775
# Negative556
Median Positive10.3%8.8%33.8%
Median Negative-25.1%-13.7%-29.0%
Max Positive32.4%41.6%76.8%
Max Negative-27.9%-27.9%-45.2%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/3/20269.4%0.9% 
6/4/202618.0%36.0%33.8%
3/19/202628.0%37.6%76.8%
12/3/2025-13.7%-13.7%-15.3%
9/4/2025-25.2%-18.9%-26.5%
6/5/2025-1.0%-0.6%-45.2%
12/3/2024-25.1%-11.6%24.0%
9/4/20249.0%8.8%-43.8%
6/12/20240.8%1.1%33.8%
8/3/202210.3%41.6%32.2%
12/8/2021-27.9%-27.9%-31.6%
9/8/202132.4%5.4%-20.8%
SUMMARY STATS   
# Positive775
# Negative556
Median Positive10.3%8.8%33.8%
Median Negative-25.1%-13.7%-29.0%
Max Positive32.4%41.6%76.8%
Max Negative-27.9%-27.9%-45.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
07/31/202609/10/202610-Q
04/30/202606/11/202610-Q
01/31/202603/31/202610-K
10/31/202512/10/202510-Q
07/31/202509/11/202510-Q
04/30/202506/09/202510-Q
01/31/202504/01/202510-K
10/31/202412/11/202410-Q
07/31/202409/09/202410-Q
04/30/202406/12/202410-Q
01/31/202404/02/202410-K
10/31/202312/07/202310-Q
07/31/202309/06/202310-Q
04/30/202306/07/202310-Q
01/31/202303/28/202310-K
10/31/202212/08/202210-Q
Collapse to Preview
Report DateFiling DateFiling
07/31/202609/10/202610-Q
04/30/202606/11/202610-Q
01/31/202603/31/202610-K
10/31/202512/10/202510-Q
07/31/202509/11/202510-Q
04/30/202506/09/202510-Q
01/31/202504/01/202510-K
10/31/202412/11/202410-Q
07/31/202409/09/202410-Q
04/30/202406/12/202410-Q
01/31/202404/02/202410-K
10/31/202312/07/202310-Q
07/31/202309/06/202310-Q
04/30/202306/07/202310-Q
01/31/202303/28/202310-K
10/31/202212/08/202210-Q
07/31/202209/07/202210-Q
04/30/202206/07/202210-Q
01/31/202203/30/202210-K
10/31/202112/08/202110-Q
07/31/202109/08/202110-Q
04/30/202107/02/2021424B4

Recent Forward Guidance

Updated 9/28/2026

Latest: Q2 2026 Earnings Reported 9/3/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Net salesReported230.00 Mil232.50 Mil235.00 Mil   
Q3 2026 Adjusted EBITDAReported15.00 Mil17.50 Mil20.00 Mil   
2026 Net salesReported940.00 Mil950.00 Mil960.00 Mil0 AffirmedGuidance: 950.00 Mil for 2026
2026 Adjusted EBITDAReported76.00 Mil81.00 Mil86.00 Mil15.7% RaisedGuidance: 70.00 Mil for 2026
2026 Capital expendituresReported8.00 Mil9.00 Mil10.00 Mil0 AffirmedGuidance: 9.00 Mil for 2026


Prior: Q1 2026 Earnings Reported 6/4/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Net salesReported232.00 Mil236.00 Mil240.00 Mil   
Q2 2026 Adjusted EBITDAReported12.00 Mil14.00 Mil16.00 Mil   
2026 Net salesReported940.00 Mil950.00 Mil960.00 Mil0 AffirmedGuidance: 950.00 Mil for 2026
2026 Adjusted EBITDAReported65.00 Mil70.00 Mil75.00 Mil0 AffirmedGuidance: 70.00 Mil for 2026
2026 Capital expendituresReported8.00 Mil9.00 Mil10.00 Mil0 AffirmedGuidance: 9.00 Mil for 2026

Q4 2025 Earnings Reported 3/19/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2026 RevenueReported236.00 Mil240.00 Mil244.00 Mil   
Q1 2026 Adjusted EBITDAReported14.00 Mil16.00 Mil18.00 Mil   
2026 RevenueReported940.00 Mil950.00 Mil960.00 Mil-4.9% Lower NewActual: 998.50 Mil for 2025
2026 Adjusted EBITDAReported65.00 Mil70.00 Mil75.00 Mil15.7% Higher NewActual: 60.50 Mil for 2025
2026 Capital ExpendituresReported8.00 Mil9.00 Mil10.00 Mil-35.7% Lower NewActual: 14.00 Mil for 2025

Q3 2025 Earnings Reported 12/3/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2025 RevenueReported995.00 Mil998.50 Mil1.00 Bil-2.3% LoweredGuidance: 1.02 Bil for 2025
2025 Adjusted EBITDAReported59.00 Mil60.50 Mil62.00 Mil-28.8% LoweredGuidance: 85.00 Mil for 2025
2025 Capital ExpendituresReported13.00 Mil14.00 Mil15.00 Mil12.0% RaisedGuidance: 12.50 Mil for 2025

Insider Activity

Updated 8/25/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Abaelu, ChinweSee RemarksDirectSell71720262.1725,40154,996436,187Form
2Dempsey, PaulaChief Financial OfficerDirectSell41520262.0642,78588,265470,205Form
3Wheeler, AshleeChief Commercial OfficerDirectSell41420261.9830,01359,276406,566Form
4Fund, 1 Investments, LlcSee FootnoteSell120520251.3125,00032,76212,980,314Form
5Wheeler, AshleeSee remarks.DirectSell92420251.7816,95930,243191,603Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Abaelu, ChinweSee RemarksDirectSell71720262.1725,40154,996436,187Form
2Dempsey, PaulaChief Financial OfficerDirectSell41520262.0642,78588,265470,205Form
3Wheeler, AshleeChief Commercial OfficerDirectSell41420261.9830,01359,276406,566Form
4Fund, 1 Investments, LlcSee FootnoteSell120520251.3125,00032,76212,980,314Form
5Wheeler, AshleeSee remarks.DirectSell92420251.7816,95930,243191,603Form
6Dempsey, PaulaChief Financial OfficerDirectSell92420251.7626,00045,760255,835Form
Core Cache Last Updated: 9/29/2026