Company profile

Ticker
VNCE
Exchange
CEO
Brendan L. Hoffman
Employees
Incorporated in
Location
Fiscal year end
Former names
Apparel Holding Corp.
SEC CIK
IRS number
753264870

VNCE stock data

(
)

Calendar

12 Sep 19
23 Oct 19
2 Feb 20

News

Company financial data Financial data

Quarter (USD) Aug 19 May 19 Feb 19 Nov 18
Revenue 71.35M 55.12M 77.78M 83.53M
Net income 988K -6.98M 672K 6.77M
Diluted EPS 0.08 -0.6 0.06 0.57
Net profit margin 1.38% -12.66% 0.86% 8.10%
Operating income 1.96M -5.75M 1.96M 8.97M
Net change in cash 80K 29K -932K -4.27M
Cash on hand 227K 147K 118K 1.05M
Cost of revenue 36.64M 26.86M 41.13M 42.71M
Annual (USD) Feb 19 Jan 17 Jan 16 Jan 15
Revenue 278.95M 268.2M
Net income -2.02M -162.66M 5.1M 35.72M
Diluted EPS -0.17 -35.04 1.36 0.93
Net profit margin -0.72% -60.65%
Operating income 4.14M -64.67M 15.73M 70.25M
Net change in cash -20.86M 14.75M 6.12M
Cash on hand 118K 20.98M 6.23M 112K
Cost of revenue 148.23M 145.38M 169.94M 173.57M

Financial data from company earnings reports

Financial report summary

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Risks
  • System or data security issues, such as cyber or malware attacks, as well as other major system failures could disrupt our internal operations or information technology services, and any such disruption could negatively impact our net sales, increase our expenses and harm our reputation.
Management Discussion
  • Net sales for the three months ended August 3, 2019 were $71,351, increasing $8,223, or 13.0%, versus $63,128 for the three months ended August 4, 2018. Net sales by reportable segment were as follows:
  • Net sales from our Wholesale segment increased $5,549, or 14.7%, to $43,393 in the three months ended August 3, 2019 from $37,844 in the three months ended August 4, 2018, primarily due to the acceleration of seasonal wholesale shipments.  
  • Net sales from our Direct-to-consumer segment increased $2,674, or 10.6%, to $27,958 in the three months ended August 3, 2019 from $25,284 in the three months ended August 4, 2018. Comparable sales increased $1,718, or 7.1%, including e-commerce, primarily due to increase in transactions and in average dollar sale. Non-comparable sales contributed $956 of sales growth which includes new stores which have not completed 13 full fiscal months of operations and Vince Unfold. Since August 4, 2018, two net new stores have opened, bringing our total retail store count to 60 as of August 3, 2019, compared to 58 as of the end of the prior year period.
Content analysis ?
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Legalese
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Readability
H.S. junior Avg
New words: accelerating, acceleration, cycle, monthly
Removed: advertising, lower, prepaid