Vince Holding (VNCE) Reports Q1 Loss of $0.26/sh

Go back to Vince Holding (VNCE) Reports Q1 Loss of $0.26/sh

Vince Holding Corp. Reports First Quarter 2024 Results

June 18, 2024 7:00 AM EDT

Net Sales of $59.2 Million
Gross Margin Increased 440 basis points vs. Q1 FY2023
Q1 Profitability Exceeds Prior Outlook
Reaffirms Full Year FY2024 Outlook

NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE) ("VNCE" or the "Company"), a global contemporary retailer, today reported its financial results for the first quarter ended May 4, 2024.

David Stefko, Interim Chief Executive Officer of VNCE said, "Our first quarter results reflect the strategic actions focused on driving improved full-price performance as we continued to reduce the promotional activity in... More