Vince Holding Corp enjoys return to profit despite FY 2023 sales dip [Yahoo! Finance]
Vince Holding Corp. (VNCE)
Last vince holding corp. earnings: 4/28 07:30 am
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Source: Yahoo! Finance
retailer booked an operating profit for the year 2023 of $31.6m from a loss the previous year of $25.4m. Net income came in at $25.4m from a net loss of $38.3m for the comparative period. Vince Holding fiscal 2023 sales results Vince interim CEO David Stefko said: "Fiscal 2023 was a transformative year for Vince as we completed the wind-down of the Rebecca Taylor business, entered into a strategic partnership with Authentic Brands Group, successfully refinanced our credit facilities, and launched a cost savings plan to improve our gross margin profile and align our expense structure with our go-forward operating model. “In addition, we enhanced our focus on driving improved profitability through disciplined inventory management, lower promotional activity and a pullback in the off-price channel. While these actions impact topline results, as reflected in our fourth quarter performance and expectations for fiscal 2024, they help to support strong margin expansion, and we believe
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VNCE
News
- CZOO and NHTC among Consumer Discretionary movers [Seeking Alpha]Seeking Alpha
- Vince Holding Corp. Announces Participation in the Sidoti Micro Cap Conference [Yahoo! Finance]Yahoo! Finance
- Vince Holding Corp. Announces Participation in the Sidoti Micro Cap ConferenceBusiness Wire
- Vince Holding Full Year 2024 Earnings: EPS: US$2.05 (vs US$3.14 loss in FY 2023) [Yahoo! Finance]Yahoo! Finance
- Vince Holding Corp. (NYSE:VNCE) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
VNCE
Sec Filings
- 5/6/24 - Form 8-K
- 5/3/24 - Form DEF
- 5/2/24 - Form 10-K
- VNCE's page on the SEC website