Michael Kupinski

Eric Beder

- Vince Holding Corp. reported a significant increase in **Q2 2026 net income to $12.1 million, or $0.93 per share**, compared to $0.6 million or $0.05 per share in the prior year, largely due to a **$7.2 million benefit from the Employee Retention Credit Program** and an improved gross profit margin of **50.4%**.  **[1579157_2137844_3]** **[1579157_2137844_4]** 
- **Net sales for Q2 2026 were $73.2 million, a 1.3% decrease** year-over-year, with direct-to-consumer sales growing by 5.5% while wholesale sales declined 5.1% due to delayed fall shipments.  **[1579157_2137844_3]** 
- The company is actively mitigating tariff impacts, expecting to reduce the estimated impact by approximately **50%** for the second half of the year through strategic sourcing and pricing adjustments, and is targeting a **25% cap** for sourcing from any single country.  **[1579157_2137844_1]** **[1579157_2137844_6]** 
- For **Q3 2026, Vince Holding expects net sales to be approximately flat to up low single digits**, with adjusted EBITDA as a percentage of net sales projected to be 2% to 5%, factoring in planned reinvestment and an estimated **$4 to $5 million in incremental tariff costs**.  **[1579157_2137844_4]**

Vince Holding Corp. Reports Strong Q2 2026 Profitability Despite Sales Decline

- Vince Holding Corp. reported **Q2 2025 net sales of $73.2 million**, a **1.3% decrease** compared to the prior year, with its **direct-to-consumer segment increasing 5.5%**.  **[1579157_2137919_3]** 
- The company achieved a significant improvement in **Q2 2025 net income to $12.1 million** (or **$0.93 per share**) and **adjusted EBITDA of $6.7 million**, driven by a higher gross margin of **50.4%** and reduced selling, general, and administrative expenses.  **[1579157_2137919_3]** **[1579157_2137919_4]** 
- For **Q3 2025**, Vince expects net sales to be **approximately flat to up low single digits** compared to the prior year, operating income as a percentage of net sales to be **1%-4%**, and adjusted EBITDA as a percentage of net sales to be **2%-5%**.  **[1579157_2137919_4]** 
- The company is actively mitigating tariff impacts, expecting to reduce the estimated impact by **approximately 50%** for the second half of the year, and is reinvesting in marketing.  **[1579157_2137919_1]** **[1579157_2137919_2]**  Long-term debt was reduced by **$23.3 million** to **$31.1 million**.  **[1579157_2137919_3]**

Vince Holding Corp. Announces Q2 2025 Results and Q3 2025 Outlook

- Vince Holding Corp. reported Q2 fiscal 2025 net sales of **$73.2 million**, a **1.3% decrease** compared to the prior year, with direct-to-consumer sales increasing **5.5%** and wholesale declining **5.1%** due to shipping delays.  **[1579157_2136946_3]** 
- The company achieved a net income of **$12.1 million** or **$0.93 per share** for Q2 fiscal 2025, significantly up from **$0.6 million** or **$0.05 per share** in the prior year, largely benefiting from a **$5.6 million** payment from the Employee Retention Credit Program.  **[1579157_2136946_3]** **[1579157_2136946_4]**  Excluding this benefit, adjusted net income was **$4.9 million** or **$0.38 per share**.  **[1579157_2136946_4]** 
- Gross margin improved to **50.4%** from **47.4%** in the prior year, primarily driven by lower product costing, higher pricing, and reduced discounting, partially offset by higher tariffs and freight costs.  **[1579157_2136946_3]** 
- For Q3 fiscal 2025, Vince Holding expects net sales to be **approximately flat to up low single digits**, operating income as a percentage of net sales to be **1% to 4%**, and adjusted EBITDA as a percentage of net sales to be **2% to 5%**.  **[1579157_2136946_4]**  This guidance reflects planned reinvestment in the business and an estimated **$4 to $5 million** in incremental tariff costs.  **[1579157_2136946_4]** 
- The company is actively mitigating tariff impacts, expecting to reduce the estimated impact by **approximately 50%** for the second half of the year through moving country of origin, vendor negotiations, and strategic price increases, and is targeting a **25% cap** for sourcing from any one country.  **[1579157_2136946_1]** **[1579157_2136946_6]**

VINCE HOLDING (VNCE)