Vince Holding Corp. (NYSE:VNCE) is expected to report third quarter earnings results, after market close, on Monday 21st December 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.26 per share from revenue of $ 69.00 million.
Looking ahead, the full year loss are expected at $ 4.06 per share on the revenues of $ 227.20 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 69.00 million ~ $ 69.00 million
Previous Quarter Performance
Vince Holding Corp. reported loss for the second quarter of $ 1.28 per share, from the revenue of $ 37.02 million. The quarterly revenues down 48.11 percent compared with the same quarter last year. Street analysts expected Vince Holding Corp. to report loss of $ 1.00 per share on revenue of $ 41.50 million for the second quarter. The bottom line results missed street analysts by $ 0.28 or 28 percent, at the same time, top line results fell short of analysts by $ 4.48 million or 10.8 percent.
Shares of Vince Holding Corp. traded low $ -0.01 or -0.16 percent on Friday, reaching $ 6.40 with volume of 57.30 thousand shares. Vince Holding Corp. has traded high as $ 6.96 and has cracked $ 6.28 on the downward trend
According to the previous trading day, closing price of $ 6.40, representing a 102.85 % increase from the 52 week low of $ 3.16 and a 67.49 % decrease over the 52 week high of $ 19.72.
The company has a market capital of $ 75.49 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Vince Holding Corp. will be hosting a conference call at 4:30 PM eastern time on 21st December 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 833-392-0629 U.S., with passcode : 6757388 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.vince.com
Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. The company operates in two segments, Wholesale and Direct-To-Consumer.