Torrid Holdings slides after bigger-than-expected Q3 loss

Shares of plus-size apparel retailer Torrid Holdings CURV.N down 14.5% at $1.15 premarket after co reports bigger-than-expected Q3 loss

Co posts net loss of $6.4 mln, or $0.06 per share, vs $1.2 mln loss y/y; adjusted EBITDA fell to $9.8 mln from $19.6 mln

Net sales down 10.8% to $235.2 million; comparable sales dropped 8.3%

CEO says results fell short due to “execution missteps… largely within our control,” citing imbalance in assortment mix; adds that corrective actions are underway amid early signs of improvement

CURV stock down 56.4% YTD, as of last close