Fashion retailer Torrid continues to shutter stores as part of its financial turnaround, with the company’s CEO claiming the strategy has hit its “inflection point”.

The brand removed six more stores from its portfolio in the year’s second fiscal quarter, leaving 457 stores remaining. Its peak count last year was 632.

These closures continued to driveyear-on-year sales declines. The second quarter brought $231.7 million in sales; the same period in 2025 recorded $262.8 million. The decline in comparable sales, however, slowed by 0.6 per cent.

“Sales trends improved meaningfully as the quarter progressed, with July marking a clear inflection point,” said the company’s CEO, Lisa Harper.

“This improvement reflects early traction from our customer growth strategy and the merchandising course corrections we have made, including a better balance of core and fashion assortments and a strengthening inventory position in footwear.”

Profits jumped from $1.6 million to $5.2 million. Harper used this to raise guidance, promising investors that Torrid will return to sales growth later in the fiscal year.

“We are encouraged by the momentum building across the business,” she added. “Our sub-brands continue to scale, our opening price point strategy is driving conversion and value perception, and our expansion into third-party marketplaces is introducing Torrid to new customers.

“With a more productive store base and disciplined operating structure supporting the business, we remain confident in our path to sustainable comparable sales growth in the second half of the year.”