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Vince Holding Corp (VNCE.N)

VNCE.N on New York Stock Exchange

0.55USD
26 May 2017
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$-0.04 (-6.76%)
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Latest Key Developments (Source: Significant Developments)

Vince Holding Q4 loss per share $3.28 including items
Friday, 28 Apr 2017 07:30am EDT 

April 28 (Reuters) - Vince Holding Corp :Vince holding corp. Reports fourth quarter and fiscal year 2016 results.Q4 sales fell 21.9 percent to $63.9 million.Q4 same store sales fell 20.5 percent.Q4 loss per share $3.28 including items.Q4 earnings per share view $-0.05, revenue view $74.6 million -- Thomson Reuters I/B/E/S.Made decision to suspend 2017 sales and eps guidance.Inventory at end of q4 of fiscal 2016 was $38.5 million compared to $36.6 million at end of q4 of fiscal 2015.Vince holding - concluded there is substantial doubt about co's ability to continue as going concern for 12 months following date financial statements issued.Substantial doubt about co's ability to comply with consolidated net total leverage ratio under its term loan facility.Identified deficiencies in internal control over financial reporting that were assessed as material weaknesses.Taking specific steps to remediate these material weaknesses by implementing and enhancing its control procedures.  Full Article

Vince Holding Corp announces delay in fiscal 2016 10-K filing
Friday, 14 Apr 2017 02:00pm EDT 

Vince Holding Corp : Vince Holding Corp announces delay in fiscal 2016 10-k filing . Says anticipates that its results for fiscal year ended january 28, 2017 will be further impacted by material asset impairment charges . Assessing if there are events that raise doubt about co's ability to continue as going concern within a year after financials are issued .Entered into a side letter with bank of america which amends and restates initial side letter dated march 6, 2017.  Full Article

Vince Holding reports Q3 earnings per share $0.07
Thursday, 8 Dec 2016 07:30am EST 

Vince Holding Corp - : Sees 2016 gross margin to be between 45.9% and 46.6% . Fy2016 earnings per share view $0.33, revenue view $301.8 million -- Thomson Reuters I/B/E/S . Sees 2016 earnings per share between $0.00 and a loss of $0.07 . Sees 2016 capital expenditures now expected to be approximately $16.5 million due to an increase in company's it migration investment . Q3 earnings per share view $0.08, revenue view $82.0 million -- Thomson Reuters I/B/E/S . Reports third quarter 2016 results . Q3 earnings per share $0.07 . Q3 sales $76 million versus i/b/e/s view $82 million . Q3 same store sales fell 11.7 percent . Q3 earnings per share view $0.08 -- Thomson Reuters I/B/E/S .Sees fy 2016 sales $280 million to $290 million.  Full Article

Vince Holding Q1 loss per share $0.05
Tuesday, 7 Jun 2016 07:30am EDT 

Vince Holding Corp : Sees 2016 Comparable Sales Growth Inclusive Of Ecommerce Sales In Flat To Low Single digit range . Sees fy 2016 capital expenditures between $10 million and $12 million . Expects sales to decrease in mid- to high-single digit range for first half of year for 2016 . Expects sales to be flat or increase in mid-single digit range in second half of year for 2016 . Expects net loss per share to be in high-single digit to low-teen's range in first half of year 2016 . Inventory at end of Q1 of fiscal 2016 was $23.4 million compared to $41.2 million at end of Q1 of fiscal 2015 . Vince holding corp. Reports first quarter 2016 results . Q1 loss per share $0.05 . Q1 sales $67.6 million versus I/B/E/S view $55.5 million . Q1 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S . Sees fy 2016 earnings per share $0.00 to $0.06 .Sees fy 2016 sales $290 million to $305 million.  Full Article

Vince Holding Corp gives FY 2016 guidance
Monday, 7 Mar 2016 07:30am EST 

Vince Holding Corp:Expects FY 2016 total net sales between $290 million and $305 million.Expects FY 2016 diluted EPS of $0.00 to $0.08.  Full Article

Vince Holding Corp names David Stefko Chief Financial Officer
Thursday, 14 Jan 2016 04:15pm EST 

Vince Holding Corp:Announced the appointment of David Stefko to the position of Chief Financial Officer of the Company.  Full Article

Vince Holding Corp names Brendan L. Hoffman Chief Executive Officer
Thursday, 22 Oct 2015 04:15pm EDT 

Vince Holding Corp:Announced the appointment of Brendan L. Hoffman to the position of Chief Executive Officer of the Company, effective immediately.Mark Brody, who has served as Interim Chief Executive Officer of Vince, will remain with the Company through a transition period and will continue to serve on the Board.  Full Article

Vince Holding Corp lowers FY 2015 guidance
Thursday, 3 Sep 2015 04:01pm EDT 

Vince Holding Corp:Sees FY 2015 total net sales of $285 million to $295 million.Sees FY 2015 adjusted diluted earnings per share of $0.31 to $0.37.FY 2015 revenue of $342 million and EPS of $0.84 - Thomson Reuters I/B/E/S.  Full Article

Vince Holding Corp announces management reorganization
Monday, 13 Jul 2015 06:05pm EDT 

Vince Holding Corp:Announced that Jill Granoff, Chief Executive Officer, has resigned from Company. Granoff, who advised Board of her decision in advance, will remain CEO through transition period to ensure an orderly and effective leadership transition.Board of Directors plans to work with executive search firm to identify potential CEO candidates. Board Chairman Marc Leder will lead this search, and will work closely with Granoff throughout the transition period.As part of the reorganization, Company also announced that it has hired Livia Lee as new Senior Vice President of Merchandising, reporting directly to Granoff in the interim and then her successor once appointed.In addition, Karin Gregersen, President and Chief Creative Officer, has decided to leave company and company does not intend to fill that position at this time.  Full Article

Vince Holding Corp announces executive management change
Thursday, 25 Jun 2015 04:11pm EDT 

Vince Holding Corp:Announced that Mark Brody has been appointed interim Chief Financial Officer.Brody was most recently Managing Director and Group CFO at Sun Capital Partners, Inc.Mark Brody replaces Lisa Klinger who resigned from the Company, effective immediately.  Full Article

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BRIEF-Vince Holding Q4 loss per share $3.28 including items

* Vince holding corp. Reports fourth quarter and fiscal year 2016 results