Vince Holding (VNCE) Tops Q1 EPS by 7c
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Vince Holding Corp. Reports First Quarter 2022 Results
June 9, 2022 7:30 AM EDTNEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE), a leading global contemporary group (Vince or the Company), today reported its financial results for the first quarter 2022 ended April 30, 2022.
Highlights for the first quarter ended April 30, 2022:
Net sales increased 36.2% to $78.4 million as compared to $57.5 million in the same period last year reflecting a 34.5% increase in Vince brand sales and a 48.9% increase in Rebecca Taylor and Parker sales, combined. Gross margin rate was 45.5% compared to 44.3% in the same period last year. Loss from operations was $5.3... More