Vince Holding Corp. (NYSE:VNCE) shares soared Thursday after the company reported better-than-expected second-quarter results on Wednesday evening.
Here’s a look at the details that sent the luxury clothing retailer’s stock flying.
- VNCE stock rallies on Q2 earnings. Check out the real-time chart.
VNCE Q2 Results:
Vince reported quarterly earnings of 38 cents per share which beat the analyst estimate for losses of 10 cents.
Quarterly revenue came in at $73.24 million which beat the Street estimate of $72.88 million.
Read Next: Opendoor Returns To ‘FounderMode’—Stock Soars
Vince CEO Brendan Hoffman said second quarter performance reflects “disciplined execution and strong customer reception” to product offerings during an elongated full-price selling …