Vince Holding Corp. Reports Third Quarter 2018 Results

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Vince Holding (VNCE) Reports Q3 EPS of $0.53 on Revenues of $83.5M; Offers FY18 Revenue Outlook

December 13, 2018 7:32 AM EST

Vince Holding (NYSE: VNCE) reported Q3 EPS of $0.53. Revenue for the quarter came in at $83.5 million

Net sales increased 5.6% to $83.5 millionDirect-to-Consumer sales increased 17.1%; comparable sales grew 14.1%Gross margin rate increased 250 basis points to 48.9%Operating income increased 68.9% to $9.0 millionNet income was $6.8 million or $0.57 per diluted share... More