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Stock impact report

Vince Holding Corp. Reports Fourth Quarter and Fiscal Year 2023 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
Q4 Fiscal 2023 Total Company Net Sales of $75.3 MillionQ4 Fiscal 2023 Total Company Gross Margin Increased 580 basis points vs. Q4 Fiscal 2022Q4 Fiscal 2023 Total Company Operating Margin Improved 390 basis points vs. Q4 Fiscal 2022 NEW YORK--(BUSINESS WIRE)--Vince Holding Corp. (NYSE: VNCE) ("VNCE" or the "Company"), a global contemporary retailer, today reported its financial results for the fourth quarter and fiscal year ended February 3, 2024, both of which contained one additional week ("53rd week") versus the comparable periods.David Stefko, Interim Chief Executive Officer of VNCE 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 Show less Read more
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