Vince Holding Q3 net sales $84.1M, income from ops $2.8M; targets $30M cost savings over 3 years

VINCE HOLDING CORP.

2023-Q3 EPS reported $2.41 revenue$217,579,000

Q3 net sales $84.1M; income from operations $2.8M.
Nine-month income from operations $33.3M includes $32.0M Vince IP Sale gain, $6.3M royalty expenses, $5.2M transaction costs.
Transformation program targets $30M cost savings over three years to offset royalty fees from Authentic Brands Group partnership.
CEO cites sequential improvement despite first full period of royalty expenses incurred.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VINCE HOLDING CORP. reported financial results for third quarter 2023 ended October 28, 2023.

Period: third quarter 2023 ended October 28, 2023
Result: reported results

Exact text from the filing

On December 6, 2023, Vince Holding Corp. (the "Company") announced its financial results for its third quarter ended October 28, 2023.

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10 earnings releases filed in the last 30 days. Browse all earnings releases →

VINCE HOLDING CORP. filing history →

Source: SEC EDGAR

accession 0000950170-23-068438

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