Vince Holding (VNCE) Tops Q1 EPS by 1c; Trims FY15 Outlook

June 4, 2015 4:02 PM

Vince Holding (NYSE: VNCE) reported Q1 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $59.8 million versus the consensus estimate of $59.68 million.

The wholesale segment increased 2.6% to $38.3 million and the direct-to-consumer segment increased 33.6% to $21.6 million over the first quarter of fiscal 2014. Comparable store sales increased 9.7%, including ecommerce sales.

Vince Holding sees FY2015 EPS of $0.85-$0.90, versus the consensus of $1.03. Vince Holding sees FY2015 revenue of $340-350 million, versus the consensus of $366.2 million.

For earnings history and earnings-related data on Vince Holding (VNCE) click here.


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