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Torrid, a plus-sized DTC brand plans to debut 25 stores yearly

ConsumerGeniuses

ConsumerGeniuses

With sound deals and profit, a plus-sized clothing company, Torrid, has brawled its first quarterly report as a public organization. Second-quarter net deals rose 34% year over year and 29% from 2019 to $332.9 million. The 45% of the retailer’s gross profit margin was up from 32.1% last year and 39.8% in 2019. Net income increased by 131% year over year and 160% from 2019 to $38.8 million. The retailer currently runs over 600 stores and plans to add around 25 stores yearly, apart from malls.

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