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0 0 0.0612244897959184 0.0612244897959184 0.0610884353741497 0 0.0204081632653061 -0.0680272108843537
Stock impact report

Vince Holding Corp. Reports First Quarter 2024 Results [Yahoo! Finance]

Vince Holding Corp. (VNCE) 
Last vince holding corp. earnings: 4/28 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.vince.com
Company Research Source: Yahoo! Finance
NEW YORK, June 18, 2024 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 our direct-to-consumer channel and pullback in our off-price business within our wholesale channel. As expected, these actions had a negative impact to our topline performance but helped to drive strong gross margin expansion despite incurring royalty expenses that we did not have in the prior year period. In addition, we continued to execute our Transformation Plan, and we believe we are on track to better align our cost structure with our current operating model inclusive of royalty expenses. Through these actions and initiatives we are well positioned to Show less Read more
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