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Vince Holding Corp (VNCE)
:VNCE
Earnings Data
Report Date
Jun 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 02, 2025
|% Change Since: -25.00%
|Next Earnings Date:Jun 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in the wholesale segment and improved operational efficiency, but concerns about tariffs, direct-to-consumer sales decline, and noncash impairment charges present significant challenges.Company Guidance
During the Vince Q4 2024 earnings call, the company reported a 6.2% increase in net sales to $80 million, driven by a robust 26.7% growth in the Wholesale segment, which offset an 8.1% decline in the direct-to-consumer segment. The adjusted operating margin improved by 100 basis points due to reduced promotional activity and lower product costs. Despite a noncash goodwill impairment charge impacting the operating loss, the adjusted operating income was $2.5 million. The company experienced a 9% growth in its highest customer spending tier, particularly in sweaters, bottoms, and pants, with strong performances in both men's and women's categories. Vince plans to tackle the 66% sourcing exposure to China by diversifying geographically, with strategic price increases and operational efficiencies. While the company refrains from providing full-year guidance due to tariff uncertainties, it aims to decrease Q1 sales by 5% and manage a 500 basis point decline in adjusted operating margin.Increase in Net Sales
Net sales for the fourth quarter increased 6.2% to $80 million compared to $75.3 million in the fourth quarter of fiscal 2023, with a 9% increase excluding the impact from the extra week.
Growth in Wholesale Segment
The wholesale segment saw a 26.7% increase, driven by earlier shipments of spring products to wholesale partners.
Improvement in Gross Margin
Gross profit in the fourth quarter was $40.1 million or 50.1% of net sales, compared to $34.2 million or 45.4% of net sales last year, driven by lower promotional activity and product costing.
Operational Efficiency Gains
Transformation plan delivered over $10 million in savings in fiscal 2024, contributing to improved operational efficiency.
Successful Customer Engagement
Double-digit growth in full-price customers and 9% growth in the highest customer spending tier in Q4.
VNCE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VNCE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 02, 2025 | $1.96 | $2.25 | +14.80% |
Dec 10, 2024 | $1.90 | $1.69 | -11.05% |
Sep 16, 2024 | $2.34 | $2.07 | -11.54% |
Jun 18, 2024 | $1.56 | $1.36 | -12.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vince Holding Corp (VNCE) report earnings?
Vince Holding Corp (VNCE) is schdueled to report earning on Jun 05, 2025, TBA Not Confirmed.
What is Vince Holding Corp (VNCE) earnings time?
Vince Holding Corp (VNCE) earnings time is at Jun 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is VNCE EPS forecast?
Currently, no data Available