Close

Vince Holding Corp. Reports First Quarter 2021 Results

Go back to Vince Holding Corp. Reports First Quarter 2021 Results

Vince Holding (VNCE) Misses Q1 EPS by 34c

June 10, 2021 4:06 PM EDT

Vince Holding (NYSE: VNCE) reported Q1 EPS of ($0.98), $0.34 worse than the analyst estimate of ($0.64). Revenue for the quarter came in at $57.5 million versus the consensus estimate of $57.5 million.

Highlights for the first quarter ended May 1, 2021:

Net sales increased 47.5% to $57.5 million as compared to $39.0 million in the same period last year reflecting a 76.3% increase in Vince brand sales and a 33.6% decrease in Rebecca Taylor and Parker. The Company has paused the development of new product for Parker, which contributed to... More