Vince Hldg Corp Stock Price, News & Analysis

Vince Holding Corp. (NYSE: VNCE) announced its plans to report first quarter 2022 financial results on June 9, 2022, before the market opens. A conference call will follow at 8:30 a.m. ET to discuss results and answer questions regarding business developments and trends. Interested participants can join by calling 844-200-6205 or access the call online at investors.vince.com. This information may include previously undisclosed details.

Vince Holding Corp. (NYSE:VNCE) reported strong fourth-quarter and fiscal year 2021 results. Net sales surged 32.4% to $99 million, driven by a 25.6% increase in Vince brand sales and a remarkable 121.3% rise in Rebecca Taylor and Parker sales. Gross margin improved to 44%, up from 36.9%, with income from operations at $1.8 million compared to a loss of $3.9 million last year. Despite a net loss of $2.7 million or $(0.23) per share, the company shows resilience amid supply chain challenges and cost inflation.

Vince Holding Corp. (NYSE: VNCE) will release its fourth quarter and fiscal year 2021 financial results on April 29, 2022, before the market opens. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss the results and answer questions regarding business and financial developments. Investors can participate by dialing 844-200-6205 or via the internet at investors.vince.com. A recording will be available for 12 months following the event.

On February 17, 2022, Vince launched the NewStore omnichannel platform across its 68 U.S. retail locations. This mobile-first solution enhances in-store shopping experiences through features like mobile point-of-sale, inventory management, and clienteling. Vince aims to unify its physical and digital channels to improve customer experience, offering services such as buy online pickup in-store (BOPIS). The integration with Salesforce Commerce Cloud enables real-time visibility of customer and inventory data, paving the way for enhanced app experiences, including a planned Store Mode feature.

Vince Holding Corp. (NYSE: VNCE) announced its participation in the 24th Annual ICR Conference on January 10, 2022, at 4:00 PM ET. CEO Jack Schwefel and CFO David Stefko will present during this virtual event, which will be available via live webcast at investors.vince.com. Vince, known for its luxury apparel and accessories, operates 51 full-price and 18 outlet stores, alongside a robust e-commerce platform.

Vince Holding Corp. (NYSE:VNCE) reported a 26.7% increase in net sales for Q3 2021, totaling $87.5 million, driven by strong Vince brand performance. Gross margin improved to 48.2%, up from 45.9% year-over-year. However, net income dropped to $2.2 million ($0.18 per diluted share), compared to $5.0 million ($0.42 per diluted share) last year, primarily influenced by increased operational expenses. The company ended the quarter with 83 stores and aims to enhance e-commerce and men's business growth while managing supply chain challenges.

Vince Holding Corp. (NYSE: VNCE) is set to release its third-quarter 2021 financial results on December 9, 2021, after market close. A conference call will follow at 4:30 p.m. ET to discuss the results and answer questions related to business developments and financial trends. Participants can join the call by dialing 833-392-0629 or accessing it via the company's investor relations website. Vince, established in 2002, operates three brands and is recognized for luxury apparel and accessories.

Vince Holding Corp. (NYSE:VNCE) reported substantial financial growth for Q2 2021, with net sales soaring 112.5% to $78.7 million, driven by a 108.5% rise in Vince brand sales and a 139.4% increase in Rebecca Taylor and Parker. Gross margin improved to 45.0% from 36.0% last year, while operational income reached $2.6 million, reversing a $14.0 million loss. The net loss narrowed significantly to $0.6 million from $15.1 million a year prior. The company emphasized future growth in direct-to-consumer sales and ecommerce capabilities.

Vince Holding Corp. (NYSE: VNCE) will report its second quarter 2021 financial results on September 9, 2021, post-market. A conference call to discuss these results is scheduled for the same day at 4:30 p.m. ET. Participants can join the call by dialing 833-392-0629 with conference ID 4054989 or by accessing the live stream via vince.com. The call will address business and financial developments, and a recording will be available for 12 months afterward.