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Vince.(VNCE) - 2020 Q2 - Quarterly Report
2019-09-12 20:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2019 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36212 VINCE HOLDING CORP. (Exact name of registrant as specified in its charter) Delaware 75-3264870 (State or other jurisdiction of incorporation or organization) (I.R.S. ...
Vince.(VNCE) - 2019 Q1 - Earnings Call Transcript
2019-06-14 00:48
Vince Holding Corp. (NYSE:VNCE) Q1 2019 Earnings Conference Call June 13, 2019 4:30 PM ET Company Participants Amy Levy - Vice President, Investor Relations Brendan Hoffman - Chief Executive Officer Dave Stefko - Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Operator Good afternoon. My name is Julian and I will be your conference operator today. At this time, I would like to welcome everyone to the Vince Q1 2019 Earnings Conference Call. All lines have been placed ...
Vince.(VNCE) - 2020 Q1 - Quarterly Report
2019-06-13 20:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2019 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36212 VINCE HOLDING CORP. (Exact name of registrant as specified in its charter) Delaware 75-3264870 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...
Vince.(VNCE) - 2019 Q4 - Annual Report
2019-04-12 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 2, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36212 VINCE HOLDING CORP. (Exact name of registrant as specified in its charter) Delaware 75-3264870 (State or other jurisdiction of incorporation or organization) (I.R.S ...
Vince.(VNCE) - 2018 Q4 - Earnings Call Transcript
2019-04-10 23:04
Financial Data and Key Metrics Changes - In Q4 2018, net sales increased by 4.2% to $77.8 million compared to $74.6 million in Q4 2017 [34] - Adjusted operating income for Q4 2018 was $3.6 million, a significant improvement from an adjusted operating loss of $1.5 million in Q4 2017 [12][40] - Net income for Q4 2018 was $0.7 million or $0.06 per diluted share, compared to $74.5 million or $6.41 per diluted share in the same period last year [41] Business Line Data and Key Metrics Changes - Wholesale channel sales increased by 4.8% to $40.3 million, while direct-to-consumer segment sales rose by 3.6% to $37.5 million in Q4 2018 [34][36] - Comparable store sales for the 13-week period grew by 3.1%, driven by e-commerce strength [12] Market Data and Key Metrics Changes - The company experienced strong acceptance of the Vince brand in international markets, particularly in Europe and Asia [18] - A new shop-in-shop opened in London with Selfridges resulted in a fourfold increase in weekly sales [19] Company Strategy and Development Direction - The company is focused on growing its direct-to-consumer business, increasing international presence, and testing new product categories [13][45] - A strategic consulting firm has been engaged to help develop a multiyear growth strategy [10][31] Management's Comments on Operating Environment and Future Outlook - Management noted a slow start in February but observed improved business trends in March, with positive responses to spring deliveries [13][48] - For fiscal 2019, the company expects net sales to range from $290 million to $300 million, reflecting mid-single-digit growth [45] Other Important Information - The company plans to continue enhancing its e-commerce platform and mobile app to drive sales [16][17] - Capital expenditures for 2019 are expected to be between $4 million to $4.5 million, primarily for new stores and refreshing existing locations [50] Q&A Session Summary Question: What product extensions are you most excited about for the balance of the year? - Management expressed excitement about diversifying into home, fragrances, and handbags, while maintaining focus on core apparel business [55][56] Question: How do you think about the allocation of CapEx this year? - Most of the CapEx will be directed towards new stores and refreshing existing locations [60]