Vince Reports Q1 2025 Earnings with Declines in Sales and Gross Margin
Vince (VNCE) reported Q1 2025 earnings with net sales of $57.9 million, a 2.1% decline from the prior year. The company experienced a drop in gross margin due to higher freight and duty costs, while operating loss widened to $4.4 million. The results reflect challenges in both wholesale and direct-to-consumer segments.
Tickers: $VNCE
Topics: Earnings Financial Performance Gross Profit Operating Loss Sales