Sign in

You're signed outSign in or to get full access.

VINCE HOLDING (VNCE)

Earnings summaries and quarterly performance for VINCE HOLDING.

Recent press releases and 8-K filings for VNCE.

Vince Holding Corp. Reports Strong Q2 2026 Profitability Despite Sales Decline
VNCE
Earnings
Guidance Update
Demand Weakening
  • 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%.
  • 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.
  • 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.
  • 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.
Sep 10, 2025, 8:30 PM
Vince Holding Corp. Announces Q2 2025 Results and Q3 2025 Outlook
VNCE
Earnings
Guidance Update
New Projects/Investments
  • 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%.
  • 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.
  • 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%.
  • 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. Long-term debt was reduced by $23.3 million to $31.1 million.
Sep 10, 2025, 8:30 PM
Vince Holding Corp. Reports Q2 Fiscal 2025 Results and Q3 Fiscal 2025 Outlook
VNCE
Earnings
Guidance Update
Demand Weakening
  • 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.
  • 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. Excluding this benefit, adjusted net income was $4.9 million or $0.38 per share.
  • 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.
  • 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%. This guidance reflects planned reinvestment in the business and an estimated $4 to $5 million in incremental tariff costs.
  • 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.
Sep 10, 2025, 8:30 PM