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Torrid Q4 comparable sales drop by 9 percent

Fourth quarter net sales at Torrid decreased 2.6 percent to 293.5 million dollars and comparable sales decreased 9 percent in the quarter under review. Gross profit margin was 34.5 percent, a 250-bps improvement, while net loss was 4.1 million dollars or 4 cents loss per share. Adjusted EBITDA remained flat at 16.4 million dollars or 5.6 percent...