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Stock impact report

Vince Holding Corp. Reports Second Quarter 2024 Results

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: Business Wire
Net Sales of $74.2 MillionGross Margin Increased 80 basis points vs. Q2 FY2023Updates 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 second quarter ended August 3, 2024.David Stefko, Interim Chief Executive Officer of VNCE said, "We are pleased with our second quarter results driven by strong performance in our wholesale channel, ongoing focus on full price selling and disciplined expense management of our core operating cost structure which helped to partially offset the expected headwinds from ongoing royalty expenses as well as the re-establishment of our incentive compensation program. The strength in our wholesale channel was driven in part by our ability to fulfill demand earlier than expected and helped to offset softer performance in our direct-to-consumer channel which was impacted by store closures and our strategic decision to cont Show less Read more
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