Vince (NASDAQ:VNCE – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.75, FiscalAI reports. Vince had a return on equity of 32.63% and a net margin of 2.42%.The firm had revenue of $81.79 million during the quarter, compared to the consensus estimate of $81.03 million.
Here are the key takeaways from Vince’s conference call:
- Vince delivered strong second-quarter growth: Net sales rose 11.7% to $81.8 million, with direct-to-consumer sales up 13.7% and wholesale up 10.4%. Growth was driven by full-price demand across women’s and men’s categories, including woven tops, outerwear, knits and sweaters.
- Management raised its fiscal 2026 outlook for the Vince business, now expecting sales growth of approximately 8%-10% and adjusted EBITDA margins of approximately 9%-9.5%. The company cited continued momentum entering the third quarter and a growing full-price customer base.
- OVO acquisition expands Vince’s platform strategy into global streetwear and adds a brand with nearly $50 million in calendar 2025 sales, 12 stores and a strong e-commerce following. OVO is expected to be earnings-neutral in fiscal 2026, with accretion anticipated in fiscal 2027.
- Management sees a path to grow OVO into a $100 million-plus revenue business by fiscal 2030, supported by expanding from 12 to about 20 stores, launching U.S. wholesale, improving e-commerce and leveraging Vince’s sourcing and operating infrastructure.
- Underlying gross margin, excluding a $10.4 million tariff refund, declined 290 basis points because of higher product and freight costs. Management expects additional cost pressure in the second half, although the remaining $2.6 million inventory-related tariff benefit should flow through results.
Vince Trading Up 46.0%
Shares of NASDAQ:VNCE opened at $7.65 on Tuesday. The company’s 50-day moving average price is $6.36 and its 200 day moving average price is $4.90. Vince has a fifty-two week low of $1.95 and a fifty-two week high of $8.20. The company has a market cap of $98.30 million, a PE ratio of 13.42 and a beta of 1.37. The company has a quick ratio of 0.47, a current ratio of 1.74 and a debt-to-equity ratio of 0.60.
Analyst Ratings Changes
Check Out Our Latest Research Report on VNCE
Vince Company Profile
Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.
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