Earnings Call Summary | Torrid(CURV.US) Q4 2023 Earnings Conference
Earnings Call Summary | Torrid(CURV.US) Q4 2023 Earnings Conference
The following is a summary of the Torrid Holdings Inc. (CURV) Q4 2023 Earnings Call Transcript:
以下是托里德控股公司(CURV)2023年第四季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Torrid Holdings reported Q4 net sales of $294 million, surpassing their projections.
Gross profit rose to $101 million, reflecting a gross margin boost of 250 basis points to 34.5%.
Inventory levels were effectively lowered, concluding the year 21% down from the previous year.
Net sales moderately went down from $301 million last year to $294 million this year.
The company experienced a $4.1 million net loss or a loss of $0.04 per share.
For the entirety of FY 2023, net sales reached $1.15 billion with net income valuing $12 million or $0.11 per share.
Torrid Holdings公布的第四季度净销售额为2.94亿美元,超过了他们的预期。
毛利润增至1.01亿美元,反映出毛利率提高了250个基点至34.5%。
库存水平实际上降低了,今年年底比上年下降了21%。
净销售额从去年的3.01亿美元适度下降至今年的2.94亿美元。
该公司净亏损410万美元或每股亏损0.04美元。
整个2023财年,净销售额达到11.5亿美元,净收入为1200万美元,合每股0.11美元。
Business Progress:
业务进展:
Significant business fundamental changes were realized in 2023, including optimizations in merchandising, marketing, and sourcing.
Product categories like graphic tees and knit tops observed positive sales trends, with plans for expansion in 2024.
Leveraging a new Digital Marketing platform, Torrid intends to improve customer engagement and acquisition.
Continued expansion of collections, launching of new brands, and assortments optimization to cater to a wider demographic are in their 2024 plan.
15 to 20 new stores are set to be opened, while 10 to 15 existing ones are to be closed in 2024.
Torrid envisions positive comps for both channels and plans for margin expansion continuation into 2025. They have also set further store overhauls with the addition of about eight clearance centers.
They also aim to enhance their marketing strategies and plan for new store openings in Canada in the coming year.
2023 年实现了重大的业务基本变化,包括销售、营销和采购方面的优化。
图案 T 恤和针织上衣等产品类别呈现积极的销售趋势,并计划在 2024 年进行扩张。
利用新的数字营销平台,Torrid打算改善客户参与度和获取。
他们2024年的计划包括继续扩大产品系列、推出新品牌以及优化产品种类以迎合更广泛的人群。
15至20家新门店将开业,而10至15家现有门店将在2024年关闭。
Torrid设想这两个渠道都将取得积极的业绩,并计划将利润扩张持续到2025年。他们还进一步对商店进行了大修,增加了大约八个通关中心。
他们还旨在加强其营销策略,并计划来年在加拿大开设新门店。
More details: Torrid IR
更多详情: Torrid IR
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