1106 GMT - Torrid's fourth-quarter results are ahead of expectations, and the plus-size apparel company issues full‑year guidance modestly above consensus, William Blair analysts say in a research note. The company says its turnaround plan is starting to bear fruit, as it closes underperforming stores and is seeing positive results from newly launched sub-brands. While Torrid's initial outlook is encouraging, the efficacy of its turnaround hinges on whether newly-launched products continue to resonate with shoppers, the analysts say. "A limited track record on new product and worsening fundamentals keep us more cautious, noting a handful of false starts over the last two years," they write. Shares climb 16% premarket Friday. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 07:06 ET (11:06 GMT)
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