Vince Holding Corp. Reports First Quarter 2026 Financial Results

Vince Holding Corp. announced its financial results for the first fiscal quarter ended May 2, 2026. The company reported an increase in net sales by 10.5% to $64.0 million, up from $57.9 million in the same period last year. This growth was driven by a 15.6% increase in the direct-to-consumer segment and a 5.9% increase in the wholesale segment. Gross profit increased to $32.4 million (50.6% of net sales) from $29.2 million (50.3% of net sales) in Q1 2025. Selling, general, and administrative expenses were $35.0 million (54.7% of sales), compared to $33.6 million (58.0% of sales) in the prior year. The company reported a loss from operations of $2.6 million, an improvement from a loss of $4.4 million in Q1 2025. The net loss for the quarter was $2.1 million, or $(0.16) per share, compared to a net loss of $4.8 million, or $(0.37) per share, in the prior year. Adjusted EBITDA improved to $(1.1) million from $(3.0) million in Q1 2025. Vince Holding Corp. is raising its full-year fiscal 2026 guidance, expecting net sales to increase by 7% to 8%.