Torrid

Torrid Elevates Paula Dempsey to Chief Financial Officer

Retrieved on: 
Thursday, December 7, 2023

Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced the promotion of Paula Dempsey to the role of Chief Financial Officer (CFO).

Key Points: 
  • Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced the promotion of Paula Dempsey to the role of Chief Financial Officer (CFO).
  • Ms. Dempsey has extensive retail experience and has held senior leadership roles in publicly-held companies in finance and financial planning and analysis.
  • Lisa Harper, Chief Executive Officer, stated, “I am delighted to announce that after an extensive search, we have chosen Paula as our new CFO.
  • I am confident that Paula is the right person to lead our finance organization.”
    “I am excited to assume the role of Chief Financial Officer of Torrid,” said Ms. Dempsey.

Guitar Center Announces Changes to Leadership, Including Appointment of Gabriel Dalporto as Chief Executive Officer

Retrieved on: 
Tuesday, October 31, 2023

WESTLAKE VILLAGE, Calif., Oct. 31, 2023 /PRNewswire/ -- Guitar Center Holdings, Inc. (the "Company" or "Guitar Center"), the world's largest omnichannel musical instrument retailer, announced today that Gabriel Dalporto has been named Chief Executive Officer, effective immediately. The Company also announced today that Ken C. Hicks has been appointed Chairman of the Board, and Tim Martin is returning to Guitar Center in his prior role as Chief Financial Officer, effective immediately.

Key Points: 
  • Seasoned Retail Industry Executive Ken C. Hicks Named Chairman of the Board
    WESTLAKE VILLAGE, Calif., Oct. 31, 2023 /PRNewswire/ -- Guitar Center Holdings, Inc. (the "Company" or "Guitar Center"), the world's largest omnichannel musical instrument retailer, announced today that Gabriel Dalporto has been named Chief Executive Officer, effective immediately.
  • Dalporto has been a member of the Company's Board of Directors since December 2018 and brings to Guitar Center over 25 years of transformation experience at customer-centric organizations.
  • Additionally, the Company announced that Tim Martin is returning to Guitar Center as Chief Financial Officer, a position he held from 2012-2022, effective immediately.
  • The Investor Group added: "Today marks the beginning of a new chapter for Guitar Center, our employees and our valued customers.

Torrid Announces Resignation of Chief Financial Officer/Chief Operating Officer

Retrieved on: 
Wednesday, May 17, 2023

Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced that Tim Martin, Chief Financial Officer and Chief Operating Officer, has resigned to pursue other opportunities.

Key Points: 
  • Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced that Tim Martin, Chief Financial Officer and Chief Operating Officer, has resigned to pursue other opportunities.
  • Paula Dempsey, Senior Vice President of Finance and Investor Relations, will assume the role of interim CFO until a successor is named.
  • Hyon Park, Chief Technology Officer, will step in to lead supply chain, and Lisa Harper, Chief Executive Officer, will oversee other operational functions including stores and real estate.
  • We thank him and wish him well,” said Lisa Harper, Chief Executive Officer.

Torrid Reports Fourth Quarter and Fiscal 2022 Results

Retrieved on: 
Thursday, March 23, 2023

Gross profit margin was 31.9% and declined 70bps compared to 32.6% in the fourth quarter of last year.

Key Points: 
  • Gross profit margin was 31.9% and declined 70bps compared to 32.6% in the fourth quarter of last year.
  • There was no adjustment to net income in the fourth quarter of fiscal 2022, but for comparison purposes, Adjusted net income1 for the fourth quarter of last year was $9.7 million, or $0.09 per share.
  • Opened six Torrid stores and six Curv stores in the fourth quarter and closed two Torrid stores.
  • Opened 18 Torrid stores and eight Curv stores during fiscal 2022 and closed 11 Torrid stores.

CURV IMPORTANT DEADLINE TODAY: ROSEN, A TOP RANKED LAW FIRM, Encourages Torrid Holdings Investors to Secure Counsel Before Important Deadline Today in Securities Class Action – CURV

Retrieved on: 
Tuesday, January 17, 2023

WHAT TO DO NEXT: To join the Torrid class action, go to https://rosenlegal.com/submit-form/?case_id=9874 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Torrid class action, go to https://rosenlegal.com/submit-form/?case_id=9874 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

DEADLINE ALERT for BRDS, OLPX, and CURV: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Tuesday, January 17, 2023

LOS ANGELES, Jan. 17, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Jan. 17, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

Final Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Torrid Holdings (CURV) Investors of Class Action and to Actively Participate

Retrieved on: 
Tuesday, January 17, 2023

Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/curv .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/curv .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Torrid Holdings Inc. (CURV)

Retrieved on: 
Friday, January 13, 2023

Torrid conducted its IPO in July 2021, selling 12.65 million shares at $21 per share.

Key Points: 
  • Torrid conducted its IPO in July 2021, selling 12.65 million shares at $21 per share.
  • On this news, Torrid’s stock price fell $4.37, or 27.9%, to close at $11.28 per share on December 9, 2021.
  • On January 10, 2022, Torrid issued a press release further lowering the Company’s sales and earning guidance.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Torrid Holdings Inc. Investors: Please contact the Portnoy Law Firm to recover your losses, January 17, 2023 deadline

Retrieved on: 
Thursday, January 12, 2023

LOS ANGELES, Jan. 12, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Torrid Holdings Inc. (“Torrid” or “the Company”) (NYSE: CURV) investors that a lawsuit filed on behalf of investors that purchased securities traceable to the Company’s July 2021 initial public offering. Torrid investors are encouraged to contact the firm to discuss their legal rights.

Key Points: 
  • Torrid investors are encouraged to contact the firm to discuss their legal rights.
  • Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 844-767-8529 or email : [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com .
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Torrid Holdings Inc. (CURV)

Retrieved on: 
Thursday, January 12, 2023

Torrid conducted its IPO in July 2021, selling 12.65 million shares at $21 per share.

Key Points: 
  • Torrid conducted its IPO in July 2021, selling 12.65 million shares at $21 per share.
  • On this news, Torrid’s stock price fell $4.37, or 27.9%, to close at $11.28 per share on December 9, 2021.
  • On January 10, 2022, Torrid issued a press release further lowering the Company’s sales and earning guidance.
  • Glancy Prongay & Murray LLP, Los Angeles