Vince Holding Corp. Reports First Quarter 2021 Results
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Vince Holding (VNCE) Misses Q1 EPS by 34c
June 10, 2021 4:06 PM EDTVince 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