Categories Analysis, Retail

What to look for when Vince Holding (VNCE) reports Q3 results on Thursday

After reporting a surprise profit for the July-quarter, Vince Holding (NYSE: VNCE) is scheduled to publish its third-quarter results Thursday at 4:15 pm ET. Analysts expect the luxury apparel brand to remain in the positive territory and report earnings of $0.66 per share on revenues of $90.5 million, which is up 8% year-over-year.

Of late, the direct-to-consumer and wholesale channels have been performing well, which is expected to continue in the to-be-reported quarter. The ongoing global expansion across the retail, wholesale and e-commerce platforms should contribute to sales growth this time. Also, efforts are on to enhance brand awareness in the key markets.

Recovery Mode

Overall, the general view is that Vince is finally back on the growth path, after a long-drawn slump that earlier pushed it to the brink of an operational overhaul. The reasonable valuation and brand power show the company would maintain the momentum during the remainder of the year and beyond.

Related: Gap Q3 earnings, revenue drop but beat

Meanwhile, initial estimates indicate that the bottom-line will remain under pressure from the high costs. A potential drag on profitability could be a concern for investors and pose a hindrance to the stock’s recovery.

Q2 Results

For the second quarter, Vince reported earnings of $0.08 per share, compared to a loss last year, even as sales increased 13% annually to $71 million. The results also came in above Wall Street’s prediction.

Acquisition

Last month, Vince purchased women’s apparel brands Rebecca Taylor and Parker. The acquired brands, which recorded a combined net sales of about $84 million during the twelve months ended February 2019, are sold at high-end department stores across the world. The transaction is expected to be dilutive to Vince’s earnings this year.

Also see: Vince Q2 2019 Earnings Conference Call Transcript

Vince shares have long been trading below their long-term average, after falling to a historic low a few years ago. The stock entered the recovery path this year, with its value nearly doubling after the last earnings report.

We’re on Apple News! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Most Popular

Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results

Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or

NVDA Earnings: Nvidia Q3 profit jumps, beats estimates

NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues

Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance

Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the

Comments

  1. Pingback: Marketing courses
  2. Pingback: Credit Hour System
  3. Pingback: Biochemistry
  4. Pingback: smart university
  5. Pingback: fue contact
  6. Pingback: Tamer Hosny
  7. Pingback: end-of-term exams
  8. Pingback: machine hip thrust
  9. Pingback: leanbiome
  10. Pingback: Fiverr Earn
  11. Pingback: fiverrearn.com
  12. Pingback: fiverrearn.com
  13. Pingback: fiverrearn.com
  14. Pingback: prodentim buy
  15. Pingback: Freight Broker
  16. Pingback: fiverrearn.com
  17. Pingback: isla mahara
  18. Pingback: micro frenchies
  19. Pingback: future university
  20. Pingback: drip chains
  21. Pingback: french bulldogs
  22. Pingback: Fiverr.Com
  23. Pingback: Fiverr.Com
  24. Pingback: Warranty
  25. Pingback: FUE
  26. Pingback: FUE
  27. Pingback: Classic Books 500
  28. Pingback: FiverrEarn
  29. Pingback: FiverrEarn
  30. Pingback: FiverrEarn
  31. Pingback: FiverrEarn
  32. Pingback: Sefton Strip Club
  33. Pingback: partners
  34. Pingback: fortbite
  35. Pingback: Economics
  36. Pingback: Tips
  37. Pingback: FiverrEarn
  38. Pingback: FiverrEarn
  39. Pingback: live sex cams
  40. Pingback: FiverrEarn
  41. Pingback: FiverrEarn
  42. Pingback: FiverrEarn
  43. Pingback: FiverrEarn
  44. Pingback: FiverrEarn
  45. Pingback: FiverrEarn
  46. Pingback: FiverrEarn
  47. Pingback: Paneer
  48. Pingback: Kuliah Termurah
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: cheap sex cams
  52. Pingback: fullersears.com
  53. Pingback: fullersears.com
  54. Pingback: frt trigger
  55. Pingback: 늑대닷컴
  56. Pingback: Wild symbol
  57. Pingback: nangs near me
  58. Pingback: superslot
  59. Pingback: allgame
  60. Pingback: 918kiss
  61. Pingback: หวย24
  62. Pingback: Skincare tips
  63. Pingback: pg slot
  64. Pingback: game slot
  65. Pingback: aplikasi rtp slot
  66. Pingback: itsMasum.Com
  67. Pingback: itsMasum.Com
  68. Pingback: itme.xyz
  69. Pingback: MasumINTL.Com
  70. Pingback: ItMe.Xyz
  71. Pingback: ItMe.Xyz
  72. Pingback: itme.xyz
  73. Pingback: MasumINTL.Com
  74. Pingback: itme.xyz
  75. Pingback: ItMe.Xyz
  76. Pingback: ItMe.Xyz
  77. Pingback: ItMe.Xyz
  78. Pingback: ItMe.Xyz
  79. Pingback: ItMe.Xyz

Comments are closed.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top