trending Market Intelligence /marketintelligence/en/news-insights/trending/3fxIkk1PUcV8DEQ9Ej9JnA2 content esgSubNav
In This List

Vince Holding profit beats consensusin fiscal Q3

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia


Vince Holding profit beats consensusin fiscal Q3

Vince Holding Corp. said its normalized net income for the fiscal third quarter ended Oct. 31 amounted to $1.70 per share, compared with the S&P Capital IQ consensus estimate of 68 cents per share.

EPS fell 53.7% year over year from $3.68.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $6.3 million, a decrease of 55.5% from $14.1 million in the third quarter ended Nov. 1, 2014.

The normalized profit margin dropped to 7.9% from 13.7% in the year-earlier period.

Total revenue fell 21.5% year over year to $80.9 million from $102.9 million, and total operating expenses declined 12.3% from the prior-year period to $68.5 million from $78.1 million.

Reported net income fell 56.1% year over year to $5.9 million, or $1.60 per share, from $13.4 million, or $3.50 per share.