Form 8-K VINCE HOLDING CORP. For: Jun 02
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Stifel Affirms Vince Holdings (VNCE) at 'Hold'; Wholesale Weakness Contributes to Lighter Growth Outlook
June 5, 2015 6:45 AM EDTStifel maintains a Hold rating on Vince Holding (NYSE: VNCE) following the retailer's Q1 report on Thursday evening.
Analyst Richard Jaffe noted that VNCE's Q1 EPS of $0.06 was 1 cent above the firm's and consensus EPS estimate. The analyst noted that lowered FY15 EPS guidance (from $1.00 - $1.05 down to $0.85 - $0.90) compared unfavorably to the firm's estimate.
Jaffe noted, Management indicated... More
