Vince Holding earnings date
Vince Holding (VNC1) Q2 2026 Earnings Report
DE:VNC1 Q2 2026 EPS Results
- Actual EPS
- EUR 0.92
- Consensus EPS
- EUR 0.24
- Beat/Miss
- Beat by +EUR 0.68
- One Year Ago EPS
- EUR 0.34
DE:VNC1 Q2 2026 Revenue Results
- Actual Revenue
- EUR 73.93M
- Expected Revenue
- EUR 73.24M
- Beat/Miss
- Beat by +EUR 686.99K
- YoY Revenue Growth
- +11.67%
Earnings Announcement Details
- Quarter
- Q2 2026
- Date
- 09/10/2026
- Time
- Before Open
- Conference Call
- Thursday, September 10, 2026
Vince Holding's next earnings date is estimated for December 15, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
The call was strongly positive overall. Vince delivered double-digit sales growth, improved adjusted profitability, continued full-price customer momentum and raised fiscal 2026 guidance. Management also outlined substantial strategic and growth opportunities from the OVO acquisition, Canadian expansion and continued investments. These strengths outweighed the stated challenges, including underlying gross-margin pressure, higher reported SG&A, lower GAAP net income and OVO's expected fiscal 2026 earnings neutrality.
For the third quarter, Vince expects net sales to increase approximately 5%-8% compared to the prior year period, reflecting an approximate increase of 11%-14% on a two-year basis; adjusted operating income as a percentage of net sales is expected to be approximately 7.5%-8.5% and adjusted EBITDA as a percentage of net sales approximately 8.5%-9.5%. For fiscal 2026, Vince expects net sales to increase approximately 8%-10% compared to fiscal 2025, adjusted operating income as a percentage of net sales approximately 7.5%-8%, and adjusted EBITDA as a percentage of net sales approximately 9%-9.5%. OVO ended calendar year 2025 with nearly $50 million in net sales, is expected to be relatively flat to calendar 2025 on a calendar 2026 pro forma basis and earnings net of transaction costs neutral to the Vince Holding Corp business for fiscal 2026, with earnings expected to be accretive in fiscal 2027, including through opening about three U.S. store locations; by fiscal 2030, the company sees opportunity to grow OVO to a $100 million+ revenue business with adjusted EBITDA margins in the low double-digit percentage range and approximately 20 doors.
- Vince Sales Growth Across ChannelsSecond-quarter net sales increased 11.7% to $81.8 million from $73.2 million year over year. Direct-to-consumer sales grew 13.7%, driven by e-commerce and stores, while wholesale sales increased 10.4%.
- Strong Adjusted ProfitabilityAdjusted EBITDA was $18.0 million versus $6.7 million in the prior year, excluding the prior-year ERC benefit. Adjusted income from operations was $16.4 million versus $5.5 million, and adjusted net income was $13.5 million, or $1.02 per diluted share, compared with $4.9 million, or $0.38 per diluted share.
- Full-Price Demand and Customer MomentumSales growth was driven by full-price transactions across woven tops, lightweight outerwear, seasonal knits and sweaters. Customers continued to embrace full outfitting, which drove higher transactions across categories, while the full-price customer base continued to grow across all channels.
- Successful Seasonal Collections and Nordstrom EventThe summer and pre-fall collections resonated particularly well, and the momentum extended into the Nordstrom anniversary event.
- Growth in Women's and Men's BusinessesBoth the women's and men's businesses delivered strong sales growth. Men's represents approximately 25% of the business and is growing, while the women's business is also growing.
- Raised Vince Fiscal 2026 OutlookThe company raised its fiscal 2026 Vince outlook to net sales growth of approximately 8%-10% versus fiscal 2025. Vince adjusted operating income is expected to be approximately 7.5%-8% of net sales, and adjusted EBITDA is expected to be approximately 9%-9.5% of net sales.
- Positive Third-Quarter Vince GuidanceFor the third quarter, Vince net sales are expected to increase approximately 5%-8% year over year, or approximately 11%-14% on a two-year basis. Adjusted operating income is expected to be approximately 7.5%-8.5% of net sales, and adjusted EBITDA is expected to be approximately 8.5%-9.5%.
- OVO Acquisition Expands Platform and Category ExposureVince Holding Corp completed the acquisition of OVO's operating business on August 27. OVO is described as a recognized contemporary streetwear brand with a loyal global following, 12 stores across Canada, the United States and the United Kingdom, and a robust e-commerce business. The acquisition gives Vince access to the global streetwear market, a category in which it did not previously participate.
- Strong Initial OVO EngagementWithin one day of the OVO transaction announcement, the company reported more than 500,000 impressions across owned and external posts from all partners, with amplifying accounts representing a combined audience of over 40 million followers.
- OVO Growth OpportunityOVO ended calendar year 2025 with nearly $50 million in net sales. The company sees an opportunity to grow OVO to a $100 million-plus revenue business by fiscal 2030, with adjusted EBITDA margins in the low double-digit percentage range.
- OVO Expansion PlanThe OVO growth plan includes expanding from 12 stores to approximately 20 stores by 2030, focusing on the U.S. market, launching U.S. wholesale, and enhancing e-commerce through marketing and site optimization. The company expects to launch U.S. wholesale and open about three U.S. store locations in fiscal 2027.
- Expanded Partnership and Revenue Participation with AuthenticAuthentic Brands Group acquired a majority stake in OVO's intellectual property, with Drake retaining a 44% stake. Vince Holding Corp owns 5% of the OVO IP and has a long-term license agreement to manufacture and sell OVO product, creating a new revenue stream and participation in the overall growth of the OVO IP.
- Operating Infrastructure and Cross-Brand SynergiesVince and OVO will maintain separate brand operations and creative teams while sharing operating infrastructure such as sourcing, production, logistics and back-of-house capabilities. Vince plans to apply its merchandising, sourcing, production and wholesale capabilities to OVO, while OVO's Canadian infrastructure will support Vince's expansion in Canada.
- Canadian Vince Expansion OpportunityThe company intends to use OVO's Canadian-based infrastructure and local presence to open five to six Vince stores and expand Vince's e-commerce and wholesale positioning in Canada, where Vince has historically been under-penetrated.
- Balance Sheet and Debt PositionNet inventory declined to $73.4 million from $76.7 million in the prior-year quarter, primarily driven by $2.6 million of IEEPA tariff refunds. Net interest expense decreased to $0.7 million from $0.8 million, primarily due to lower debt under the revolving credit facility, and long-term debt was $12.3 million at quarter-end.
- Fixed-Cost Leverage Excluding Prior-Year Credits and OVO CostsExcluding the prior year's approximately $5.6 million Employee Retention Credit benefit and $2.9 million of OVO transaction costs in the current quarter, SG&A as a percentage of net sales leveraged approximately 210 basis points year over year, primarily due to fixed-cost leverage on higher sales.
- Planned Brand and Category ExpansionThe company is evaluating additional Vince categories, including tailored clothing, handbags, baby and home, as well as opportunities involving drop ship. It is also evaluating additional spaces in London and Paris for Vince and OVO, while prioritizing U.S. wholesale launches and additional stores.
- Continued Investment in Long-Term GrowthManagement said it is continuing to invest in initiatives that drive long-term growth, including OVO inventory and marketing, Vince marketing, people and stores, supported by what it described as a strong balance sheet with ample liquidity.
DE:VNC1 Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Dec 15, 2026 | 2026 (Q3) | 0.32- | 0.19 | ― | ― |
| Sep 10, 2026 | 2026 (Q2) | 0.240.92 | 0.34 | 168.42% (+0.58) | |
| Jun 16, 2026 | 2026 (Q1) | -0.17-0.10 | -0.33 | 70.27% (+0.24) | |
| Apr 15, 2026 | 2025 (Q4) | 0.020.16 | 0.05 | 200.00% (+0.11) | |
| Dec 09, 2025 | 2025 (Q3) | 0.120.19 | -0.16 | 216.67% (+0.35) | |
| Sep 10, 2025 | 2025 (Q2) | -0.090.34 | 0.05 | 660.00% (+0.30) | |
| Jun 17, 2025 | 2025 (Q1) | ―-0.33 | -0.24 | -42.31% (-0.10) | |
| May 02, 2025 | 2024 (Q4) | -0.38-0.33 | -0.24 | -42.31% (-0.10) | |
| Dec 10, 2024 | 2024 (Q3) | 0.29-0.16 | 0.14 | -220.00% (-0.30) | |
| Sep 16, 2024 | 2024 (Q2) | -0.230.05 | -0.04 | 225.00% (+0.08) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
