Vince Holding (VNCE) Misses Q1 EPS by 8c

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Go back to Vince Holding (VNCE) Misses Q1 EPS by 8c

Vince Holding Corp. Reports First Quarter 2017 Results

June 8, 2017 7:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE), a leading global luxury apparel and accessories brand (Vince or the Company), today reported unaudited results for the first quarter of fiscal 2017 ended April 29, 2017.

Brendan Hoffman, Chief Executive Officer, commented, Our first quarter results were largely in line with our expectations. As anticipated, our wholesale business was negatively impacted primarily due to the elimination of our summer delivery. We saw sequential improvement in our direct-to-consumer business, led by ecommerce, and we are seeing this momentum continue into the second quarter. Looking ahead, we will remain focused on... More