VNCE Earnings Prediction
The chart below shows how VNCE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VNCE sees a +5.28% change in stock price 10 days leading up to the earnings, and a +25.09% change 10 days following the report. On the earnings day itself, the stock moves by -0.95%. This data can give you a slight idea of what to expect for the next quarter's release.
VNCE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
84.08M
-14.70%
21.06%
Gross Margin
44.23%
46.26%
-5.05%
Operating Margin
3.36%
135.26%
189.66%
Net Margin
1.17%
122.03%
-97.25%
EPS
0.08
118.60%
-96.61%
No Data Available
VNCE Earnings Analysis
VINCE HOLDING CORP. Corporation (VNCE.N) Earnings Conference Call
Positive
Gross Profit Increase: Gross profit in the third quarter was $40.1 million, or 50% of net sales, compared to $37.2 million, or 44.2% of net sales in the third quarter of last year.
Operating Income Increase: Operating income for the third quarter was $5.8 million, compared to an operating income of $2.8 million in the same period last year.
Q3 Adjusted Operating Income: Adjusted operating income for the third quarter of fiscal 2023 was $3.1 million, reflecting a significant improvement from the previous year.
Net Income Increase: Net income for the third quarter was $4.3 million, or earnings per share of $0.34, compared to net income of $1 million, or earnings per share of $0.08 in the third quarter last year.
Men's Pants Program Launch: We successfully launched our new men's pants program, which highlighted a broader range of fits with superior Italian fabrics at a competitive retail price.
Negative
Net Sales Decline: Total company net sales for the third quarter decreased 4.7% to $80.2 million, compared to $84.1 million in the third quarter of fiscal 2023.
Net Sales Decline Analysis: The year-over-year decrease in total company net sales was driven by an 8.3% decrease in our Direct-To-Consumer segment and a 2.2% decrease in our wholesale segment.
Sales Growth Decline: Combined, these factors negatively impacted sales growth in the quarter by 300 basis points.
Revenue Decline Expectations: Total revenue declined compared to the prior year period, with expectations for total net sales to decline in the low-single-digit range compared to $75.3 million in the prior year quarter.
Net Income Increase: Net income for the third quarter was $4.3 million or earnings per share of $0.34, compared to net income of $1 million or earnings per share of $0.08 in the third quarter last year.
VNCE FAQs
How does VNCE typically perform around its earnings report dates?
Is Vince Holding Corp. (VNCE) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
VNCE Earning Call Sentiment
Vince Holding Corp. (VNCE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
VNCE.N
-5.82%Positive
The earnings call showed mixed signals: a decrease in net sales but improved gross and operating margins. While the company is expanding internationally and launching new products, risks like currency impact and supply chain challenges persist. The Q&A revealed positive sentiment towards licensed products and potential store expansions, but lacked clarity on financial impacts. No shareholder return plan was discussed. Overall, the neutral outlook is due to the balance of positive margin improvements and negative sales trends, with a lack of clear guidance and shareholder returns.
