VNCE - Vince Non-GAAP EPS of -$0.36 revenue of $64.1M
2023-06-08 07:34:42 ET
- Vince press release ( NYSE: VNCE ): Q1 Non-GAAP EPS of -$0.36.
- Revenue of $64.1M (-18.2% Y/Y).
- Net sales were $64.1 million compared to $78.4 million in the same period last year reflecting a 6.3% decrease in Vince brand sales and a 99.2% decrease in Rebecca Taylor and Parker sales, combined, driven by the previously announced wind down of the Rebecca Taylor business.
- Wholesale segment sales decreased 3.0% to $32.5 million compared to the first quarter of fiscal 2022.
- Direct-to-consumer segment sales decreased 9.4% to $31.5 million compared to the first quarter of fiscal 2022.
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Vince Non-GAAP EPS of -$0.36, revenue of $64.1M