Apparel retailer Vince Holding's Q2 net sales rise nearly 12%

Vince Holding

10/09/2026 12:10

Overview
US luxury apparel retailer's Q2 net sales grew 11.7% yr/yr, driven by both segments
Adjusted EPS for Q2 rose sharply yr/yr
Company completed OVO acquisition, entering streetwear market

Outlook
Vince Holding raises full-year fiscal 2026 guidance for the Vince Business
Company expects Q3 Vince Business net sales to rise 5%-8% year over year
Vince Holding sees full-year Vince Business net sales up 8%-10% from prior year

Result Drivers
SEGMENT GROWTH - Sales rose in both direct-to-consumer (up 13.7%) and wholesale (up 10.4%) segments
TARIFF REFUND - Gross profit and adjusted earnings benefited from a $10.4 mln IEEPA tariff refund
HIGHER COSTS - Product and freight costs increased, negatively impacting gross margin excluding tariff refund

Company press release: ID:nBw9JZLJxa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
$81.79 mln
$81.03 mln (2 Analysts)
Q2 Adjusted EPS
 
$1.02
$0.27 (1 Analyst)
Q2 EPS
 
$0.80
 
Q2 Net Income
 
$10.6 mln
 
     

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy"
Wall Street's median 12-month price target for Vince Holding Corp is $9.00, about 41.1% above its September 9 closing price of $6.38
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Reuters Recommended Reads
Sept 9 - American Eagle Outfitters sees flat gross margin, higher costs in Q3 after tariff-boosted quarter
Sept 9 - Women's apparel retailer J.Jill beats Q2 profit on tariff refund
Sept 9 - American Eagle sticks to annual sales forecast again, shares slump

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)