What changed
Torrid printed Q2 FY26 GAAP EPS of $0.05, up from $0.02 a year ago. Revenue was $232M, down 11.8% YoY. FY26 revenue guidance is $0.9B-$1.0B, with Q3 guided to $0.2B. Results included an $11.1M IEEPA tariff refund benefit, which drove the full-year outlook raise.
Why it matters
Torrid printed Q2 FY26 GAAP EPS of $0.05, up from $0.02 a year ago. Revenue was $232M, down 11.8% YoY. FY26 revenue guidance is $0.9B-$1.0B, with Q3 guided to $0.2B. Results included an $11.1M IEEPA tariff refund benefit, which drove the full-year outlook raise.