Retail (IPO'ing Like a Boss) $CURV $GOOS
IPO'ing a retailer these days takes plus-sized cajones.Torrid ($CURV), a California-based plus-sized retailer for women which spun out of Hot Topic will be listed on the NYSE for its upcoming IPO. The company is backed by Sycamore Partners. It posted a loss of $29.1mm for the fiscal year ended '17 on sales of $640mm. Surprisingly, other recent retail IPOs, e.g., Canada Goose ($GOOS), have performed remarkably well.