Torrid Holdings Inc.
For the period ended Nov 1, 2025. Filed Dec 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 1, 2025 · Filed Dec 10, 2025
CURV$2.15-7.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share and per share data)
| November 1, 2025 | February 1, 2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $17,213 | $48,523 |
| Restricted cash | 399 | 399 |
| Inventory | 128,817 | 148,493 |
| Prepaid expenses and other current assets | 27,102 | 24,507 |
| Prepaid income taxes | 15,135 | 4,244 |
| Total current assets | 188,666 | 226,166 |
| Property and equipment, net | 58,305 | 77,669 |
| Operating lease right-of-use assets | 113,280 | 140,651 |
| Deposits and other noncurrent assets | 20,408 | 18,935 |
| Deferred tax assets | 13,877 | 16,620 |
| Intangible asset | 8,400 | 8,400 |
| Total assets | $402,936 | $488,441 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $66,010 | $72,378 |
| Accrued and other current liabilities | 98,888 | 125,743 |
| Operating lease liabilities | 32,712 | 40,505 |
| Borrowings under credit facility | 14,870 | — |
| Current portion of term loan | 16,144 | 16,144 |
| Due to related parties | 3,421 | 8,362 |
| Income taxes payable | 713 | — |
| Total current liabilities | 232,758 | 263,132 |
| Noncurrent operating lease liabilities | 107,206 | 134,481 |
| Noncurrent debt, net | 260,300 | 272,409 |
| Deferred compensation | 3,926 | 3,913 |
| Other noncurrent liabilities | 5,261 | 5,595 |
| Total liabilities | 609,451 | 679,530 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ Deficit: | ||
| Preferred shares: $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding at November 1, 2025 and February 1, 2025 | — | — |
| Common shares: $0.01 par value; 1,000,000,000 shares authorized; 105,227,850 and 99,196,942 shares issued and outstanding, respectively, at November 1, 2025; 104,859,266 shares issued and outstanding at February 1, 2025 | 1,053 | 1,049 |
| Additional paid-in capital | 143,573 | 140,029 |
| Accumulated deficit | (330,188) | (331,269) |
| Accumulated other comprehensive loss | (668) | (898) |
| Common shares in treasury, at cost: 6,030,908 shares at November 1, 2025; no shares at February 1, 2025 | (20,285) | — |
| Total stockholders’ deficit | (206,515) | (191,089) |
| Total liabilities and stockholders’ deficit | $402,936 | $488,441 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.