Vince (VNCE) Scheduled to Post Earnings on Thursday

Posted by Defense World Staff on Jun 6th, 2023

Vince (NYSE:VNCE – Get Rating) will announce its earnings results before the market opens on Thursday, June 8th. Investors that are interested in registering for the company’s conference call can do so using this link.

Vince (NYSE:VNCE – Get Rating) last released its earnings results on Monday, April 24th. The textile maker reported ($0.81) EPS for the quarter. The firm had revenue of $91.31 million during the quarter. Vince had a negative return on equity of 102.39% and a negative net margin of 10.73%.

Vince Stock Down 4.5 %

VNCE stock opened at $4.95 on Tuesday. The stock has a market capitalization of $61.08 million, a P/E ratio of -1.57 and a beta of 1.71. The company has a debt-to-equity ratio of 5.34, a quick ratio of 0.27 and a current ratio of 1.24. Vince has a one year low of $4.95 and a one year high of $8.50. The company has a 50 day moving average price of $6.40 and a two-hundred day moving average price of $7.06.

Insider Buying and Selling at Vince

In other Vince news, CEO Jonathan Schwefel sold 4,450 shares of Vince stock in a transaction on Thursday, March 30th. The shares were sold at an average price of $6.74, for a total value of $29,993.00. Following the transaction, the chief executive officer now owns 81,211 shares in the company, valued at approximately $547,362.14. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 6,255 shares of company stock worth $42,477 in the last quarter. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Vince

A hedge fund recently bought a new stake in Vince stock. State Street Corp bought a new position in Vince Holding Corp. (NYSE:VNCE – Get Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,776 shares of the textile maker’s stock, valued at approximately $88,000. State Street Corp owned about 0.09% of Vince as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 5.50% of the company’s stock.

Vince Company Profile

(Get Rating)

Vince Holding Corp. engages in the manufacture, design, and sale of luxury apparel and accessories. It operates through the following segments: Wholesale, Direct-to-Consumer, and Rebecca Taylor and Parker. The Wholesale segment deals with the sale of products to premier department stores and specialty stores in the U.S.