Welcome to our dedicated page for Vince Hldg news (Ticker: VNCE), a resource for investors and traders seeking the latest updates and insights on Vince Hldg stock.
Vince Holding Corp. (VNCE) news coverage focuses on its role as a global retail company operating the Vince brand women's and men's ready to wear business. Company announcements describe Vince as a global luxury apparel and accessories brand known for elevated yet understated pieces for everyday effortless style, sold through a mix of direct-to-consumer and wholesale channels.
On this VNCE news page, readers can follow corporate updates such as quarterly and annual earnings releases, segment performance for Vince Wholesale and Vince Direct-to-consumer, and commentary from management on trends in net sales, gross margins, and operating income. Recent press releases have highlighted factors like tariff impacts, freight costs, product costing, pricing, discounting, and the balance between wholesale and direct-to-consumer growth.
News items also include disclosures about Vince Holding Corp.’s retail footprint, including the number of company-operated Vince stores, changes in store count, and initiatives such as store renovations, e-commerce site refreshes, marketing support, and the launch of drop-ship capabilities. Investors can review updates on the company’s exchange listing, including its voluntary transfer from the New York Stock Exchange to The Nasdaq Stock Market LLC under the symbol "VNCE" and related regulatory filings.
In addition, this page aggregates announcements about conference participation, investor presentations, and other Regulation FD communications referenced in Form 8-K filings. By reviewing the VNCE news feed, users can see how management describes the performance of the Vince brand, the impact of trade policies and tariffs, and the company’s use of non-GAAP measures such as adjusted EBITDA and adjusted net income in its public reporting.
Vince Holding Corp. (NYSE: VNCE) has announced its upcoming participation in the 27th Annual ICR Conference at Grande Lakes Orlando in Orlando, FL. The company's management will deliver a presentation on Tuesday, January 14, 2025, at 9:30 a.m. Eastern Time. Investors and interested parties can access the live webcast through the company's Investor Relations website at http://investors.vince.com/. An archived version of the presentation will be made available on the same platform following the event.
Vince Holding Corp. (NYSE: VNCE) reported Q3 2024 financial results with net sales of $80.2 million, down 4.7% from $84.1 million in Q3 2023. The company achieved significant gross margin expansion of 580 basis points to 50.0%. Net income increased to $4.3 million ($0.34 per share) compared to $1.0 million ($0.08 per share) last year.
The decrease in revenue was attributed to an 8.3% decline in Vince brand direct-to-consumer sales and a 2.2% decrease in wholesale sales. The company maintains its full-year FY2024 outlook, expecting low-single-digit revenue decrease compared to FY2023's $292.9 million, with operating margin improvement of 25-50 basis points.
Vince Holding Corp. (NYSE: VNCE) has announced it will release its third quarter 2024 financial results before the market opens on Tuesday, December 10, 2024. The company will host a conference call at 8:30 a.m. ET on the same day to discuss the results. During the call, management may address questions about business developments, trends, and financial matters, including previously undisclosed information. Interested parties can participate by dialing 833-470-1428 (conference ID 402475) or accessing the call via the company's investor website. A recording will be available for 12 months afterward.
Vince Holding Corp. (NYSE: VNCE), a global contemporary retailer, has announced its participation in Noble Capital Markets' C-Suite Interview Series. The interview, which is presented by Channelchek, features Interim CEO David Stefko and CFO John Szczepanski in conversation with Noble Capital Markets Senior Research Analyst Michael Kupinski.
The interview was recorded on October 15, 2024, and is now available for viewing on Channelchek's platform. Additionally, investors and interested parties can access the interview through Vince Holding Corp.'s official website at http://investors.vince.com.
Vince Holding Corp. (NYSE: VNCE) reported Q2 2024 results with net sales of $74.2 million, up 6.8% year-over-year. The company saw a 7.0% increase in Vince brand sales, driven by a 29.6% increase in wholesale channel sales. However, direct-to-consumer sales declined 18.1%. Gross margin improved by 80 basis points to 47.4%. The company reported net income of $0.6 million or $0.05 per diluted share. VNCE updated its full-year FY2024 outlook, now expecting a low-single-digit decrease in total company net sales compared to FY2023's $292.9 million. The company also announced a $1 million stock repurchase program and is progressing with its Transformation Program, aimed at driving enhanced profitability.
Vince Holding Corp. (NYSE: VNCE), a global contemporary retailer, has announced its plans to report second quarter 2024 financial results after market close on Monday, September 16, 2024. The company will hold a conference call at 4:30 p.m. ET on the same day to discuss the results. During the call, Vince may address questions about business and financial developments, trends, and other matters, potentially disclosing previously unreleased information.
Interested parties can participate in the call by dialing 833-470-1428 with conference ID 726141. The call will also be accessible via the internet at http://investors.vince.com/. A recording of the call will be available for 12 months after the event at the same website.
Vince Holding Corp. (NYSE: VNCE), a global contemporary retailer, announced that Small Cap Consumer Research and Noble Capital Markets have initiated equity research coverage on the company. Both firms have rated VNCE positively, with Small Cap Consumer Research giving a Buy rating and a $3.00 price target, and Noble Capital Markets providing an Outperform rating, also with a $3.00 price target. These reports and additional market data are available on Channelchek.
Vince Holding Corp. (NYSE: VNCE) has announced its participation in the Noble Capital Markets’ Consumer, Communications, Media, and Technology Emerging Growth Equity Conference. The virtual event is scheduled for Wednesday, June 26, 2024, at 10:00 AM Eastern Time. Interested attendees can register for the live presentation at no cost. Additionally, a webcast of the presentation will be available on the company's website and archived for 90 days.
Vince Holding Corp. (NYSE: VNCE) reported Q1 2024 results with net sales of $59.2 million, a 7.6% decrease YoY.
Gross margin improved by 440 basis points to 50.6%. Despite lower sales, the company saw income from operations at $5.6 million, compared to a loss of $2.4 million last year.
Net income was $4.4 million or $0.35 per diluted share, up from a net loss of $0.4 million last year. Adjusted net loss was $3.3 million or $(0.26) per share.
VNCE reaffirmed its FY2024 outlook and continued its Transformation Plan aiming for over $30 million in savings over three years.
The company ended Q1 with 62 stores, down by 5 stores YoY. Total borrowings stood at $50.3 million with $25.9 million in credit availability.
Vince Holding Corp. (NYSE: VNCE), a global contemporary retailer, announced that it will release its first quarter 2024 financial results on June 18, 2024, before the market opens. A conference call to discuss these results will follow at 8:30 a.m. ET the same day. The call will address business and financial developments, trends, and other pertinent matters. Participants can join the call by dialing 833-470-1428 with the conference ID 420390, or access it online via the company's investor relations website. A recording of the call will be available for 12 months post-event on the same site.