VNCE

Deckers Outdoor Corporation DECK reported mixed second-quarter fiscal 2027 results, with earnings surpassing the Zacks Consensus Estimate but revenues falling short. Adjusted earnings of $2.03 per share increased 11.5% year over year and beat the consensus estimate of $1.82. Including a 28-cent benefit from net refunds related to International Emergency Economic Powers Act ("IEEPA") tariffs, earnings came in at $2.31 per share. Net sales grew 3.5% year over year to $1,480.6 million but missed the Zacks Consensus Estimate of $1,510 million. On a constant-currency basis, net sales increased 2.8%. Strong full-price selling, favorable product mix and disciplined expense management supported profitability. However, softer domestic direct-to-consumer (DTC) demand and European logistics disruptions weighed on revenues. International sales increased 9%, providing an important growth driver. The HOKA brand generated revenues of $677.2 million, up 6.8% year over year. Wholesale strength and continued international momentum supported growth. HOKA wholesale revenues rose 9%, while DTC sales grew 4%. The UGG brand delivered revenues of $786.4 million, increasing 3.5% year over year. Wholesale revenues grew 7%, partially offset by an 8% decline in DTC sales. Other Brands revenues decreased 54.3% to $17 million, reflecting the wind-down of Koolaburra's standalone operations. Wholesale net sales increased 5.5% year over year to $1.09 billion in the second quarter, supported by healthy global sell-in across HOKA and UGG. Strong performance in multi-brand retail environments helped offset weaker demand through company-operated channels. DTC net sales declined 1.8% to $387.5 million, while comparable DTC sales decreased 6.4%. Management attributed the weakness primarily to heightened promotional activity in the U.S. athletic footwear market and increasingly selective consumer spending. Domestic revenues declined 0.4% to $835.8 million, while international revenues increased 9% to $644.7 million. Asia-Pacific delivered the highest percentage growth among international regions. European third-party logistics disruptions delayed approximately $22 million in shipments. Management cautioned that some delayed sales could be canceled rather than fully recovered in subsequent quarters. Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Gross profit increased 11.4% year over year to $895.1 million. Gross margin expanded 430 basis points to 60.5%, including a 310-basis-point benefit from IEEPA tariff refunds. Excluding this benefit, gross margin improved 120 basis points, supported by favorable product mix and full-price selling. Selling, general and administrative expenses increased 5.9% year over year to $505.7 million. Higher marketing and technology investments contributed to the increase, although management's cost-control measures kept spending below expectations. Operating income rose 19.3% to $389.5 million. Operating margin expanded to 26.3% from 22.8%. Excluding tariff refund benefits, operating margin reached 23.2%, reflecting underlying profitability improvement. Cash and cash equivalents totaled $1.21 billion as of Sept. 30, 2026 compared with $1.41 billion a year earlier. Inventories increased 3% year over year to $860.8 million. The company maintained a debt-free balance sheet with no outstanding borrowings. During the quarter, Deckers repurchased approximately 3.2 million shares for $299.3 million at an average price of $93.65 per share. First-half repurchases totaled $637.5 million, with approximately $4.4 billion remaining under its authorization. For the fiscal third quarter, management expects consolidated revenues to increase at a low-single-digit rate. UGG revenues are projected to grow at a low-single-digit pace, while HOKA revenues are expected to increase at a low-to-mid-single-digit rate. Management expects continued international strength but anticipates pressure on domestic DTC sales as consumers increasingly seek promotional offers. Higher freight expenses and slightly increased promotional activity are also expected to affect margins. Third-quarter earnings are projected between $3.52 and $3.60 per share, including approximately 24 cents from IEEPA tariff refunds. Product launches and international demand are expected to support an acceleration in HOKA's revenue growth during the fourth quarter. For fiscal 2027, Deckers lowered its consolidated revenue outlook to $5.70-$5.725 billion from $5.86-$5.91 billion. HOKA revenues are now expected to increase at a high-single-digit rate compared with the previous low-double-digit outlook. UGG growth expectations were reduced to low-single-digit from mid-single-digit. Gross margin is now projected at approximately 58.5%, while SG&A expenses are expected to represent 35.5% of revenues. Operating margin is forecast at approximately 23%, including tariff refund benefits. Management raised its earnings guidance to $7.80-$7.95 per share from $7.35-$7.50, incorporating approximately 52 cents of tariff refund benefits. Excluding these benefits, the outlook implies a gross margin of 57% and operating margin slightly above 21.5%. The company continues to expect an effective tax rate of approximately 23% and assumes $1 billion in fiscal-year share repurchases. Shares of this Zacks Rank #3 (Hold) company have fallen 11.2% over the past three months compared with the industry's decline of 2.5%. Vince Holding Corp. VNCE, a leading global luxury apparel and accessories brand, sports a Zacks Rank of 1 (Strong Buy). VNCE delivered a trailing four-quarter earnings surprise of 561.4%, on average. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Vince Holding's current fiscal-year sales and EPS calls for growth of 14% and 175%, respectively, from the year-ago figures. Abercrombie & Fitch Co. ANF, a global, digitally led, omnichannel specialty retailer of apparel and accessories, sports a Zacks Rank #1. ANF delivered a trailing four-quarter earnings surprise of 13.6%, on average. The Zacks Consensus Estimate for Abercrombie & Fitch's current fiscal-year sales and EPS implies growth of 4.8% and 15.8%, respectively, from the year-ago figures. Boot Barn Holdings, Inc. BOOT, a leading lifestyle retailer of western and work-related footwear, apparel and accessories, carries a Zacks Rank #2 (Buy). BOOT delivered a trailing four-quarter earnings surprise of 11.4%, on average. The Zacks Consensus Estimate for BOOT's current fiscal-year sales and EPS calls for growth of 15.8% and 23.7%, respectively, from the year-ago figures. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Las Vegas Sands LVS reported weak third-quarter 2026 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate and declining year over year. Following the results, the company's shares lost 0.4% in yesterday's after-market trading session. The company's results were hurt by softer high-end gaming demand in Singapore and Macao, coupled with elevated operating expenses, which weighed on profitability. Las Vegas Sands reported adjusted earnings of 54 cents per share, missing the Zacks Consensus Estimate of 71 cents by 23.9%. The company posted adjusted earnings of 78 cents per share in the year-ago quarter. Las Vegas Sands Corp. price-eps-surprise | Las Vegas Sands Corp. Quote Quarterly net revenues of $3.22 billion missed the $3.33 billion consensus by 3.3% and declined 3.5% year over year. Still, Macao mass gaming revenue share reached 26.1%, its strongest reading since the fourth quarter of 2023. Macao operations generated revenues of $1.94 billion, up 1.8% from $1.91 billion a year ago. Adjusted property EBITDA decreased 12% to $529 million from $601 million. The margin contracted 420 basis points to 27.3%. Rolling-table volumes rose 31% year over year, non-rolling chip drop increased 11%, and slot and electronic table game handle advanced 26%. Management cited higher staffing costs after adding gaming, hospitality and sales personnel. Softer premium play also weighed on spending per visitor. The Venetian Macao's net revenues fell 6.2% to $649 million from $692 million. Our model expected the quarterly revenues for this metric to be $618.1 million. Adjusted property EBITDA dropped 15.3% to $205 million from $242 million. Our estimate for the metric was $212.4 million. Non-rolling chip drop slipped to $2.35 billion from $2.39 billion, while hotel occupancy increased to 98.3%. Rolling volume increased 31%, non-rolling chip drop advanced 11%, and slot and electronic table game handle gained 26%. The Londoner Macao's revenues were nearly flat at $685 million versus $686 million. We estimated the metric to be $874.2 million. Adjusted property EBITDA declined 18.7% to $178 million. Our estimate for the metric was pegged at $201.8 million. Rolling-chip volume jumped to $3.22 billion from $2.31 billion, yet the non-rolling table win percentage declined to 18.6% from 23.4%. Hotel revenue per available room improved to $257 from $253. Net revenues at The Parisian Macao rose 6% to $231 million, supported by higher casino revenues. We estimated the metric to be $251.2 million. Adjusted property EBITDA, however, decreased 13.2% to $46 million from $53 million. Our estimate for the metric was $46.1 million. Casino revenues grew to $178 million from $163 million in the year-ago period. The slot handle rose to $1.4 billion from $1.01 billion, while hotel revenue per available room slipped to $142 from $147. The Plaza Macao and Four Seasons Macao posted 15.5% revenue growth to $238 million from $206 million. We estimated the metric to be $163.9 million. Casino revenues increased to $163 million from $132 million. Adjusted property EBITDA improved to $85 million from $74 million. Hotel revenue per available room increased to $485 from $456, helped by higher occupancy and room rates. Our estimate for the metric was $71.1 million. Sands Macao net revenues climbed 37.5% to $99 million from $72 million, reflecting casino revenue growth to $92 million from $66 million. Our projection for the metric was $58.8 million. Adjusted property EBITDA rose to $14 million from $8 million, lifting the margin to 14.1% from 11.1%. Our estimate was $7.9 million. Non-rolling chip drop advanced to $480 million from $371 million, while slot handle rose to $1.57 billion from $626 million. Hotel occupancy improved to 99.4% from 98.4%, although revenue per available room declined to $161 from $164. Marina Bay Sands' revenues declined 9.9% year over year to $1.29 billion from $1.44 billion. Our estimate for the metric was $1.42 billion. Adjusted property EBITDA fell 20.6% to $590 million from $743 million. The margin narrowed 610 basis points to 45.6%. We expected this metric to be $730.5 million. Non-rolling table win percentage fell to 18.7% from 24.5%, while rolling-chip volume declined to $8.43 billion from $9.07 billion. However, slot win rose 3% to $289 million, while hotel revenue per available room climbed to $994 from $937. Lower rolling-play hold reduced EBITDA by $4 million. On a consolidated basis, adjusted property EBITDA fell 16.7% to $1.12 billion from $1.34 billion, with the margin contracting to 34.8% from 40.3%. Casino revenues declined 5.4% to $2.37 billion, while room and food-and-beverage revenues increased. Operating income decreased to $618 million from $719 million. Net income declined 28.3% to $352 million from $491 million. Resort operating expenses rose 5.3% to $2.10 billion, reflecting ongoing investments in staffing and services. As of Sept. 30, 2026, Las Vegas Sands had unrestricted cash balances of $2.86 billion, while total debt outstanding was $15.3 billion. The weighted average debt balance declined to $15.53 billion from $15.94 billion in the year-ago quarter. Capital expenditures amounted to $281 million, including $154 million in Macao and $121 million in Singapore. The company repurchased $950 million in shares during the quarter, leaving $5.06 billion under its authorization. It also paid a quarterly dividend of 30 cents per share. Its board approved a 20% increase to 36 cents per share quarterly starting in the first quarter of 2027. Las Vegas Sands currently carries a Zacks Rank #5 (Strong Sell). Here are some better-ranked stocks from the Consumer Discretionary sector: Marriott Vacations Worldwide Corporation VAC currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 stocks here. The company delivered a trailing four-quarter earnings surprise of 1.3%, on average. VAC stock has surged 96.1% year to date. The Zacks Consensus Estimate for Marriott Vacations' 2026 sales and EPS indicates an increase of 8.3% and 22.5%, respectively, from the year-ago levels. Vince Holding Corp. VNCE currently flaunts a Zacks Rank of 1. The company delivered a trailing four-quarter earnings surprise of 561.4%, on average. VNCE stock has rallied 188.3% in the year-to-date period. The Zacks Consensus Estimate for Vince Holding's 2026 sales and EPS implies growth of 14% and 175%, respectively, from the year-ago levels. AMC Entertainment Holdings, Inc. AMC currently carries a Zacks Rank #2 (Buy). AMC stock has surged 94.9% in the year-to-date period. The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The Zacks Consensus Estimate for AMC Entertainment's 2026 sales and EPS implies growth of 18.4% and 91.7%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report Marriott Vacations Worldwide Corporation (VAC) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Vince Holding Corp. VNCE used its fiscal second-quarter call to pair a higher Vince outlook with a plan to scale newly acquired October's Very Own, or OVO. Management emphasized full-price demand, operating leverage and a measured OVO rollout centered on U.S. wholesale, stores and shared infrastructure. Chief financial officer Yuji Okumura said fiscal third-quarter Vince sales should rise 5% to 8% year over year, with adjusted operating margin of 7.5% to 8.5%. For fiscal 2026, Vince raised its sales growth outlook to 8% to 10%. Adjusted operating margin is projected at 7.5% to 8%, while adjusted EBITDA margin is expected at 9% to 9.5%. OVO is excluded. Second-quarter revenue was $81.79 million, up 11.7%. Adjusted earnings of $1.02 per share exceeded the Zacks Consensus Estimate of $0.27, while revenue topped the Zacks Consensus Estimate of $81 million. Vince Holding Corp. price-consensus-eps-surprise-chart | Vince Holding Corp. Quote Chief executive officer Brendan Hoffman said women's and men's businesses grew, led by woven tops, lightweight outerwear and seasonal knits and sweaters. Customers also continued buying across categories to build fuller outfits. Hoffman said summer and pre-fall assortments performed well, including through the Nordstrom Anniversary Event. He also cited continued growth in the full-price customer base across channels. In Q&A, a Small Cap Consumer Research analyst asked about men's penetration and category expansion. Hoffman said men's is about 25% of the business and growing, while women's is also growing. He highlighted tailored clothing, handbags and shoes, plus baby, home and drop-ship opportunities. Hoffman framed OVO as the next step in Vince Holding's multi-brand strategy. Vince plans to contribute merchandising, sourcing, production, logistics and wholesale capabilities while keeping the brands' creative teams and operations separate. OVO generated nearly $50 million in calendar 2025 sales. Management sees more than $100 million by fiscal 2030, with adjusted EBITDA margins in the low double digits and about 20 stores, up from 12. Okumura said calendar 2026 OVO sales should be relatively flat on a pro forma basis, with fiscal 2026 earnings neutral to Vince Holding. Fiscal 2027 plans include U.S. wholesale, about three U.S. store openings and earnings accretion. A Noble Capital Markets analyst asked about OVO wholesale timing and its role in the $100 million plan. Hoffman said a broader launch could come in the summer or back half of next year, with an earlier capsule under consideration. Hoffman said talks with major wholesale partners were advanced. Over time, he expects OVO to develop a more balanced wholesale-retail mix, though retail should remain somewhat larger. A Small Cap Consumer Research analyst also asked about Europe. Hoffman said the main OVO focus remains the United States, with London and Paris expansion handled opportunistically. Okumura said second-quarter gross margin of 60.9% included a $10.4 million tariff refund benefit. Excluding that benefit, gross margin was 48.2%, down 290 basis points on higher product and freight costs. The remaining $2.6 million tariff refund benefit embedded in inventory is expected to flow through the second half. Okumura said higher freight and product costs should offset that benefit. A Noble Capital Markets analyst asked about incremental EBITDA margins above $300 million of revenue. Hoffman declined to go beyond guidance, citing tariff refunds, future tariffs and freight costs, plus continued investment in marketing, people and stores. Management's tone paired confidence in Vince demand with discipline around OVO. Hoffman emphasized absorbing OVO successfully before considering additional brands for the platform.Near-term priorities are U.S. wholesale and store growth for OVO, shared operating synergies and further Vince expansion in Canada, while preserving separate creative identities. VNCE carries a Zacks Rank #3 (Hold). Its Value, Growth and VGM Scores are A, while its Momentum Score is C. Under the Zacks framework, the A grades represent stronger style characteristics than the C Momentum grade.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks methodology gives primary weight to the Rank, with the strongest combinations generally pairing Zacks Rank #1 or #2 (Buy) stocks with A or B Style Scores. VNCE's Rank can change as earnings estimates are revised after the just-reported results. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vince Holding Corp. (VNCE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Net Sales Increased 11.7% to $81.8 Million vs. 2Q25Raises Full Year Fiscal 2026 Guidance NEW YORK, September 10, 2026--(BUSINESS WIRE)--Vince Holding Corp. (Nasdaq: VNCE) ("VNCE" or the "Company"), a global retail platform, today reported its financial results for the second quarter ended August 1, 2026. Brendan Hoffman, Chief Executive Officer of VNCE said, "We delivered strong results this quarter, with excellent growth across both our direct-to-consumer and wholesale channels, and this momentum gives us confidence to raise our full-year guidance. Importantly, the recent completion of the OVO acquisition marks a pivotal moment for our Company. We are entering the streetwear market through a brand with deep cultural roots and an authentic customer connection, and we're bringing to it the operating discipline and infrastructure that have driven Vince's turnaround. The acquisition provides a significant growth runway and we see meaningful opportunities to expand OVO's retail presence and launch wholesale distribution through longstanding relationships, positioning the combined platform for substantial long-term value creation." In this press release, the Company is presenting its financial results in conformity with U.S. generally accepted accounting principles ("GAAP") as well as on an "adjusted" basis. Adjusted results presented in this press release are non-GAAP financial measures. See "Non-GAAP Financial Measures" below for more information about the Company's use of non-GAAP financial measures. For the second quarter ended August 1, 2026: Total Company net sales increased 11.7% to $81.8 million compared to $73.2 million in the second quarter of fiscal 2025. The year-over-year increase was driven by a 13.7% increase in the direct-to-consumer segment and a 10.4% increase in the wholesale segment. Gross profit was $49.8 million, or 60.9% of net sales, compared to gross profit of $36.9 million, or 50.4% of net sales, in the second quarter of fiscal 2025. The increase in gross margin for the second quarter of fiscal 2026 includes a favorable impact of $10.4 million related to the IEEPA tariff refund, which offset the unfavorable impact from higher product costing which contributed negatively by approximately 160 basis points, and the unfavorable impact from higher freight costs of approximately 130 basis points. The gross margin rate, excluding the benefit of the tariff refund, was 48.2% in line with the Company's expectations. Selling, general, and administrative expenses were $36.3 million, or 44.3% of sales, compared to $25.8 million, or 35.2% of sales, in the second quarter of fiscal 2025. The increase in SG&A dollars was primarily driven by anniversarying last year's $5.6 million benefit from the receipt of payroll tax credit payments from the U.S. Department of the Treasury under the Employee Retention Credit program (the "ERC benefit") as well as $2.9 million related to transaction costs associated with the acquisition of October's Very Own ("OVO") operating business ("OVO transaction"). Income from operations was $13.6 million compared to income from operations of $11.2 million in the same period last year. Adjusted income from operations, which includes the benefit from tariff refunds in the second quarter of fiscal 2026, was $16.4 million compared to $5.5 million in the same period last year. Income tax expense was $3.1 million compared to an income tax expense of $0.1 million in the same period last year. The expense is due to the impact of applying the Company's estimated annual effective tax rate to the year-to-date ordinary pre-tax income. Net income was $10.6 million or $0.80 per diluted share compared to net income of $12.1 million or $0.93 per diluted share in the same period last year. Adjusted net income, which includes the benefit from tariff refunds in the second quarter of fiscal 2026, was $13.5 million or $1.02 per diluted share compared to $4.9 million or $0.38 in the same period last year. Adjusted EBITDA*, which includes the benefit from tariff refunds in the second quarter of fiscal 2026, was $18.0 million compared to $6.7 million in the same period last year. The Company ended the quarter with 53 company-operated Vince stores. Second Quarter Review Net sales increased 11.7% to $81.8 million as compared to the second quarter of fiscal 2025. Wholesale segment sales increased 10.4% to $49.4 million compared to the second quarter of fiscal 2025. Direct-to-consumer segment sales increased 13.7% to $32.4 million compared to the second quarter of fiscal 2025. Income from operations excluding unallocated corporate expenses was $29.1 million compared to income from operations of $17.3 million in the same period last year. Net Sales and Operating Results by Segment: Balance Sheet At the end of the second quarter of fiscal 2026, total borrowings under the Company's debt agreements totaled $12.3 million and the Company had $63.6 million of excess availability under its revolving credit facility. Net inventory at the end of the second quarter of fiscal 2026 was $73.4 million compared to $76.7 million at the end of the second quarter of fiscal 2025. The year-over-year decrease in inventory includes approximately $2.6 million of IEEPA refunds. During the quarter ended August 1, 2026, the Company did not make any offerings or sales of shares of common stock under the Virtu At-the-Market Offering. At August 1, 2026, $0.9 million was available under the Virtu At-the-Market Offering. October's Very Own ("OVO") Acquisition As previously announced on August 27, 2026, the Company completed the acquisition of the operating business of OVO, a globally recognized lifestyle brand which delivered nearly $50 million in sales in calendar year 2025. VNCE now owns and will operate OVO's business as OVO’s core apparel and retail licensee, strengthening its partnership with Authentic Brands Group ("Authentic") and expanding its multi-brand platform strategy beyond Vince, with opportunity to build on OVO's existing operations using its scale and infrastructure to support the brand's next phase of growth. The Company sees opportunity to grow OVO sales to over $100 million and deliver Adjusted EBITDA margins in the low double digit percentage range by fiscal 2030. VNCE acquired the OVO operating business for a nominal cash purchase and also acquired a minority stake in OVO's intellectual property through the cash purchase of a 5% equity interest in the IP holding entity newly formed by majority-owner, Authentic, for $6 million. Outlook The Company is providing its outlook for the Vince Business for the third quarter of fiscal 2026 and raising its outlook for the Vince Business for the full year fiscal 2026. The Company’s outlook now considers the benefit of tariff refunds resulting from the Supreme Court’s decision on the IEEPA tariffs. The following outlook does not include the OVO Business. For the third quarter of fiscal 2026 the Company expects the following for the Vince Business: Net sales to increase approximately 5% to 8% compared to the prior year period. Adjusted operating income as a percentage of net sales to be approximately 7.5% to 8.5%. Adjusted EBITDA as a percentage of net sales to be approximately 8.5% to 9.5%. For fiscal 2026 the Company expects the following for the Vince Business: Net sales to increase approximately 8% to 10% compared to the prior year. Adjusted operating income as a percentage of net sales to be approximately 7.5% to 8.0%. Adjusted EBITDA as a percentage of net sales to be approximately 9.0% to 9.5%. *Non-GAAP Financial Measures In addition to reporting financial results in accordance with GAAP, the Company has provided, with respect to the financial results relating to the three and six months ended August 1, 2026 and August 2, 2025, adjusted EBITDA, which is a non-GAAP measure. Adjusted EBITDA is calculated as earnings before interest, taxes, depreciation and amortization, share-based compensation, capitalized cloud computing amortization, OVO transaction costs, and ERC Benefit. For the three and six months ended August 1, 2026 and August 2, 2025 respectively, the Company has provided adjusted income from operations, adjusted income (loss) before income taxes and equity in net income of equity method investment, adjusted income (loss) before equity in net income of equity method investment, adjusted net income, and adjusted earnings per share, which are non-GAAP measures, in order to eliminate the effect of the OVO transaction costs, ERC benefit, and Discrete Tax Effect Associated with ERC benefit. The Company believes that the presentation of these non-GAAP measures facilitates an understanding of the Company's continuing operations without the impact associated with the aforementioned items. While these types of events can and do recur periodically, they are excluded from the indicated financial information due to their impact on the comparability of earnings across periods. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. A reconciliation of GAAP to non-GAAP results has been provided in Exhibit 3 and Exhibit 4 to this press release. Conference Call A conference call to discuss the second quarter results will be held today, September 10, 2026, at 8:30 a.m. ET, hosted by Vince Holding Corp. Chief Executive Officer, Brendan Hoffman, and Chief Financial Officer, Yuji Okumura. During the conference call, the Company may make comments concerning business and financial developments, trends and other business or financial matters. The Company's comments, as well as other matters discussed during the conference call, may contain or constitute information that has not been previously disclosed. Those who wish to participate in the call may do so by dialing (833) 461-5787, conference ID 879266281. Any interested party will also have the opportunity to access the call via the Internet at http://investors.vince.com/. To listen to the live call, please go to the website at least 15 minutes early to register and download any necessary audio software. For those who cannot listen to the live broadcast, a recording will be available for 12 months after the date of the event. Recordings may be accessed at http://investors.vince.com. ABOUT VINCE HOLDING CORP. Vince Holding Corp. is a global retail platform that operates the Vince brand women's and men's ready to wear business and the October’s Very Own ("OVO") brand apparel and accessories business. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Vince operates 41 full-price retail stores, 12 outlet stores, and its e-commerce site, vince.com, as well as through premium wholesale channels globally. OVO is a Canadian lifestyle brand originally founded in 2008 by Aubrey "Drake" Graham and a Toronto collective offering premium apparel and accessories. OVO operates 12 flagship retail stores worldwide and its e-commerce site, octobersveryown.com. Please visit investors.vince.com for more information. Forward-Looking Statements: This document, and any statements incorporated by reference herein contain forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include the statements under "Outlook" above as well as statements regarding, among other things, our current expectations about possible or assumed future results of operations of the Company and are indicated by words or phrases such as "may," "will," "should," "believe," "expect," "seek," "anticipate," "intend," "estimate," "plan," "target," "project," "forecast," "envision" and other similar phrases. Although we believe the assumptions and expectations reflected in these forward-looking statements are reasonable, these assumptions and expectations may not prove to be correct and we may not achieve the results or benefits anticipated. These forward-looking statements are not guarantees of actual results, and our actual results may differ materially from those suggested in the forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, some of which are beyond our control, including, without limitation: changes to and unpredictability in the trade policies and tariffs imposed by the U.S. and the governments of other nations; general economic conditions; our ability to maintain adequate cash flow from operations or availability under our revolving credit facility to meet our liquidity needs; restrictions on our operations under our credit facilities; our ability to improve our profitability; our ability to maintain our larger wholesale partners; our ability to accurately forecast customer demand for our products; our ability to maintain the license agreement relating to the Vince brand with ABG Vince; ABG Vince's expansion of the Vince brand into other categories and territories; ABG Vince's approval rights and other actions; our ability to realize the benefits of our strategic initiatives; our ability to make lease payments when due; our ability to open retail stores under favorable lease terms and operate and maintain new and existing retail stores successfully; our operating experience and brand recognition in international markets; our ability to remediate the identified material weakness in our internal control over financial reporting; our ability to comply with domestic and international laws, regulations and orders; increased scrutiny regarding our approach to sustainability matters and environmental, social and governance practices; competition in the apparel and fashion industry; our ability to attract and retain key personnel; seasonal and quarterly variations in our revenue and income; the protection and enforcement of intellectual property rights relating to the Vince brand; our ability to successfully integrate, operate and grow the OVO business (the "OVO Transaction") and realize the anticipated benefits of the OVO Transaction; the extent of our foreign sourcing; our reliance on independent manufacturers; our ability to ensure the proper operation of the distribution facilities by third-party logistics providers; fluctuations in the price, availability and quality of raw materials; the ethical business and compliance practices of our independent manufacturers; our ability to mitigate system or data security issues, such as cyber or malware attacks, as well as other major system failures; our ability to adopt, optimize and improve our information technology systems, processes and functions; our ability to comply with privacy-related obligations; our status as a "controlled company"; our status as a "smaller reporting company"; and other factors as set forth from time to time in our Securities and Exchange Commission filings, including those described under "Item 1A—Risk Factors" in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. We intend these forward-looking statements to speak only as of the time of this release and do not undertake to update or revise them as more information becomes available, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260910767018/en/ Contacts Investor Relations Contact: ICR, Inc.Caitlin Churchill, [email protected]

This article first appeared on GuruFocus. Release Date: September 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Total net sales increased 11.7% to $81.8 million, with direct-to-consumer up 13.7% and wholesale up 10.4%. Gross margin expanded to 60.9% of net sales, including a $10.4 million benefit from tariff refunds. Adjusted EBITDA was $18 million, significantly above prior year, and profitability exceeded outlook even excluding tariff refunds and transaction costs. The acquisition of OVO provides access to the fast-growing global streetwear market and a new revenue stream through a 5% ownership of OVO IP. Full-year outlook for Vince was raised, with net sales now expected to increase 8-10% and adjusted EBITDA margin of 9-9.5%. Excluding tariff refunds, gross margin decreased 290 basis points due to higher product and freight costs. SG&A expenses increased to $36.3 million or 44.3% of net sales, including $2.9 million in transaction costs related to the OVO acquisition. Net income decreased to $10.6 million or $0.80 per diluted share, compared to $12.1 million or $0.93 per diluted share in the prior year. OVO is expected to be earnings neutral for fiscal 2026 and will require reinvestment in inventory and marketing, with sales flat on a proforma basis. The company faces incremental cost pressures from freight and product costs in the second half, which may offset the benefit of tariff refunds. Warning! GuruFocus has detected 6 Warning Signs with VNCE. Is VNCE fairly valued? Test your thesis with our free DCF calculator. Q: How significant could wholesale ultimately become for OVO, and how do you get to the $100 million revenue target? A: CEO Brendan Hoffman said the company hasn't announced its launch partner yet but expects a diversified wholesale base much like Vince, with a realistic launch in the back half of next year. He expects a balanced business across wholesale and retail over time, though OVO will likely remain a bit bigger in retail given its direct-to-consumer roots. Growth to $100 million-plus by fiscal 2030 comes from expanding from 12 to roughly 20 doors, launching U.S. wholesale, and enhancing e-commerce. Q: Does the OVO acquisition validate the operating platform strategy, and should investors view it as a blueprint for additional brands? A: CEO Brendan Hoffman said the company wants to absorb OVO successfully first, but he does expect and hope this becomes a blueprint for using Vince as a platform for other brands, most likely with Authentic Brands Group. He noted OVO proves the platform can serve other categories and customers beyond contemporary. Q: How much will Drake remain involved in the OVO brand, and where can Vince leverage its infrastructure? A: CEO Brendan Hoffman said he had dinner with Drake last month and found him very committed, noting OVO is his brand and DNA. Drake will stay involved in overall direction, personal appearances, and ensuring product and marketing fit his vision. On synergies, Hoffman cited sourcing, adding U.S. stores and wholesale, and OVO helping launch Vince in Canada, with a joint summit with ABG and OVO planned. Q: Where does men's stand within the Vince business, and how are you thinking about further category expansion? A: CEO Brendan Hoffman said men's continues to perform excellently at around 25% of the business and growing, with women's growing as well. Category expansion is done in partnership with ABG, which has extended the brand into tailored clothing, handbags, and the legacy shoe license, with baby and home under consideration, plus dropship opportunities. Q: How quickly could OVO enter Nordstrom and Bloomingdale's, and how significant would wholesale be relative to stores? A: CEO Brendan Hoffman said the company is in deep conversations with major partners and sees a realistic wholesale launch around this time next year, possibly with an earlier capsule. He expects a balanced channel mix over time, though OVO will likely stay somewhat larger in retail, and expressed confidence wholesale can ramp quickly given brand enthusiasm. Q: Given the momentum in the first half, what incremental EBITDA margins should investors expect as revenues grow past the $300 million threshold? A: CEO Brendan Hoffman pointed to the guidance already provided, noting noise from tariff refunds, future tariffs, and freight costs, plus ongoing investment in marketing. He said growing past the $300 million barrier strengthens the balance sheet and enables future investments in OVO, marketing, people, and stores. Q: How does OVO's London store change your thinking on European expansion? A: CEO Brendan Hoffman said OVO has a very successful London store, and while the main focus is the U.S., the company is keeping an eye on Europe for both Vince and OVO. Chief Commercial Officer Jill Norton is already looking for additional spaces in London and Paris for both brands, but the near-term priority is U.S. wholesale and additional stores. Q: What drove the second quarter sales growth, and how did the channels perform? A: CFO Yuji Okumura said total company net sales rose 11.7% to $81.8 million from $73.2 million a year earlier. Direct-to-consumer grew 13.7% on strength in e-commerce and stores, while wholesale increased 10.4% year-over-year. Q: How did gross margin and SG&A perform in the quarter? A: CFO Yuji Okumura said gross profit was $49.8 million, or 60.9% of net sales, including a $10.4 million tariff refund benefit. Excluding that, gross margin fell 290 basis points, in line with expectations on higher product and freight costs. SG&A was $36.3 million, or 44.3% of net sales; excluding last year's $5.6 million ERC benefit and $2.9 million in OVO transaction costs, SG&A leveraged about 210 basis points. Q: What is the updated outlook for the Vince business and for OVO? A: CFO Yuji Okumura said third quarter Vince net sales are expected to rise approximately 5% to 8%, with adjusted operating income at 7.5% to 8.5% of net sales and adjusted EBITDA at 8.5% to 9.5%. For fiscal 2026, Vince net sales are now expected to increase approximately 8% to 10%, with adjusted operating income of 7.5% to 8% and adjusted EBITDA of 9% to 9.5%. OVO is expected to be earnings neutral this year and accretive in fiscal 2027. Q: What were the profitability and balance sheet results for the quarter? A: CFO Yuji Okumura reported adjusted EBITDA of $18 million, including the tariff refund benefit, versus $6.7 million a year earlier excluding ERC benefits. Adjusted net income was $13.5 million, or $1.02 per diluted share, compared with $4.9 million, or $0.38. Net inventory was $73.4 million versus $76.7 million a year ago, and long-term debt stood at $12.3 million. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Vince Holding Corp.? Here are five stocks we like better. Vince’s second-quarter sales rose 11.7% to $81.8 million, driven by growth in direct-to-consumer and wholesale channels. Adjusted operating income and EBITDA increased substantially, though gross-margin expansion was helped by a $10.4 million tariff-refund benefit. The company raised its fiscal 2026 outlook for the core Vince business, projecting sales growth of approximately 8% to 10% and adjusted EBITDA margins of 9% to 9.5%. Third-quarter sales are expected to increase 5% to 8% year over year. Vince plans to expand newly acquired OVO through additional U.S. stores, e-commerce and wholesale distribution. OVO is expected to be earnings-neutral in fiscal 2026 but accretive in fiscal 2027, with management targeting more than $100 million in revenue by fiscal 2030. Vince (NASDAQ:VNCE) reported higher second-quarter fiscal 2026 sales and raised its full-year outlook for its core Vince business, while outlining plans to expand its newly acquired OVO streetwear brand through U.S. wholesale, retail and e-commerce. Chief Executive Officer Brendan Hoffman said the company delivered sales growth of nearly 12% during the quarter, supported by gains across direct-to-consumer and wholesale channels. He said sales were aided by full-price transactions in women’s and men’s apparel, including woven tops, lightweight outerwear, seasonal knits and sweaters. → Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement “Our summer and pre-fall collections resonated particularly well, and that momentum extended into the Nordstrom anniversary event,” Hoffman said. He added that growth in the company’s full-price customer base across channels supported management’s confidence in the business. Total net sales increased 11.7% to $81.8 million from $73.2 million in the prior-year quarter. Direct-to-consumer sales rose 13.7%, with growth in both e-commerce and stores, while wholesale sales increased 10.4%. → Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Gross profit totaled $49.8 million, or 60.9% of sales, compared with $36.9 million, or 50.4% of sales, a year earlier. Chief Financial Officer Yuji Okumura said the latest quarter included a $10.4 million benefit from tariff refunds. Excluding that benefit, gross margin declined 290 basis points, which the company attributed to higher product and freight costs. Selling, general and administrative expenses were $36.3 million, or 44.3% of sales, compared with $25.8 million, or 35.2% of sales, in the prior-year period. Okumura noted that the prior-year quarter included approximately $5.6 million in Employee Retention Credit payments. Excluding that prior-year benefit and $2.9 million of OVO acquisition-related transaction costs in the latest period, SG&A as a percentage of sales improved by about 210 basis points on higher sales and fixed-cost leverage. Income from operations was $13.6 million, compared with $11.2 million a year earlier. Adjusted income from operations was $16.4 million, including tariff refunds, compared with $5.5 million in the prior year. Net income was $10.6 million, or $0.80 per diluted share, versus $12.1 million, or $0.93 per diluted share, a year earlier. Adjusted net income was $13.5 million, or $1.02 per diluted share, compared with $4.9 million, or $0.38 per diluted share, in the prior-year quarter. Adjusted EBITDA was $18 million, including the tariff refund benefit, compared with $6.7 million in the prior-year period excluding an Employee Retention Credit benefit. → Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Long-term debt stood at $12.3 million at the end of the quarter. Net inventory was $73.4 million, down from $76.7 million a year earlier, primarily reflecting $2.6 million in IEEPA tariff refunds, according to Okumura. The company’s updated financial outlook is specific to the Vince business and excludes OVO, along with transaction and integration costs related to the acquisition. The outlook includes tariff refund benefits, although management expects the $2.6 million currently reflected in inventory to flow through during the second half and be offset by elevated product and freight costs. For the third quarter, Vince expects net sales to rise approximately 5% to 8% from the prior-year period. The company expects adjusted operating income to represent about 7.5% to 8.5% of net sales and adjusted EBITDA to represent about 8.5% to 9.5% of sales. For the full fiscal year, the company now expects Vince net sales to increase approximately 8% to 10% from fiscal 2025. Vince forecast adjusted operating income margins of approximately 7.5% to 8% and adjusted EBITDA margins of approximately 9% to 9.5%. Hoffman said the men’s business represents about 25% of total business and continues to grow, although the women’s business is also expanding. He said the company is working with Authentic Brands Group on category extensions including tailored clothing, handbags, shoes, baby and home products, while evaluating opportunities that can add to the store experience and support drop-shipping. On Aug. 27, Vince announced and completed its acquisition of OVO’s operating business. OVO is a contemporary streetwear brand co-founded by Drake, with 12 stores in Canada, the U.S. and the U.K. and an e-commerce business. Authentic acquired a majority stake in OVO’s intellectual property, while Drake retains a 44% stake. Vince owns 5% of the intellectual property and has a long-term license agreement to manufacture and sell OVO products. Hoffman said Vince and OVO will retain separate brand operations and creative teams, with Vince providing operating support in areas including sourcing, production, logistics and back-office infrastructure. He said the company plans to use its merchandising, sourcing, production and wholesale capabilities to support OVO’s next phase of growth. The company expects to expand OVO’s U.S. store and e-commerce presence and introduce the brand to U.S. wholesale partners. Hoffman said management is in discussions with major wholesale partners but has not announced a launch partner. He said a broader wholesale introduction is expected around the summer or back half of next year, though a capsule launch could occur earlier. OVO generated nearly $50 million in net sales for calendar 2025, according to Hoffman. Vince expects OVO’s pro forma calendar 2026 sales to be relatively flat compared with calendar 2025 as it reinvests in inventory and marketing. OVO is expected to be earnings-neutral to Vince in fiscal 2026, net of transaction costs, and earnings-accretive in fiscal 2027. Management said it sees a path for OVO to become a business with more than $100 million in revenue by fiscal 2030 and adjusted EBITDA margins in the low-double-digit percentage range. The plan includes expanding OVO from 12 stores to about 20 stores by 2030, with an emphasis on the U.S. market, launching U.S. wholesale and improving e-commerce through marketing and site optimization. Vince also intends to use OVO’s Canadian infrastructure and local presence to open five to six Vince stores in Canada and build its e-commerce and wholesale positioning in that market. Hoffman said Drake remains committed to OVO and is expected to contribute to its overall direction, selected personal appearances and oversight of product and marketing aligned with the brand’s vision. He also said the company plans to focus first on integrating and growing OVO before considering additional brands for the platform. Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women's products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men's products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Vince Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

Vince Holding Corp. (VNCE) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +277.78%. A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.16, delivering a surprise of -23.08%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Vince Holding, which belongs to the Zacks Textile - Apparel industry, posted revenues of $81.79 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.97%. This compares to year-ago revenues of $73.24 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Vince Holding shares have added about 56.4% since the beginning of the year versus the S&P 500's gain of 11.6%. While Vince Holding has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Vince Holding was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.28 on $89.02 million in revenues for the coming quarter and $0.59 on $321.47 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Cintas (CTAS), has yet to report results for the quarter ended August 2026. This uniform rental company is expected to post quarterly earnings of $1.35 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Cintas' revenues are expected to be $2.97 billion, up 9.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vince Holding Corp. (VNCE) : Free Stock Analysis Report Cintas Corporation (CTAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Delivered 12% sales growth driven by full-price transactions in core categories like woven tops and seasonal knits, reflecting a growing full-price customer base. Acquired OVO's operating business to enter the fast-growing global streetwear market, a category previously unaddressed by the company's portfolio. Transitioning to a multi-brand platform by leveraging Vince's established 'operating backbone'—including sourcing, production, and logistics—to scale the OVO brand. Deepened the partnership with Authentic Brands Group (ABG), securing a 5% stake in OVO's intellectual property and a long-term license to manufacture and sell product. Utilizing OVO's existing Canadian infrastructure to address Vince's historical under-penetration in that market, with plans for five to six new Vince stores in Canada. Maintaining creative independence for both brands by keeping separate design teams while consolidating back-of-house infrastructure to capture scale benefits. Performance was bolstered by $10.4 million in tariff refunds, though underlying profitability remained strong even when excluding these one-time benefits. Raised full-year fiscal 2026 sales growth outlook to 8%-10% for the Vince brand, reflecting continued momentum into the third quarter. Targeting OVO revenue of $100 million+ by fiscal 2030, driven by expanding the retail footprint from 12 to approximately 20 doors and launching U.S. wholesale. Expect OVO to be earnings neutral in fiscal 2026 due to immediate reinvestments in inventory and marketing, turning accretive in fiscal 2027. Anticipate launching OVO's U.S. wholesale business in the second half of next year, following the development of a dedicated wholesale collection. Guidance for the second half of fiscal 2026 assumes $2.6 million in remaining tariff refunds will be offset by incremental freight and product cost pressures. Reported $10.4 million in tariff refunds during Q2, which significantly boosted gross margin and adjusted EBITDA figures. Incurred $2.9 million in transaction costs related to the OVO acquisition, impacting SG&A expenses in the second quarter. Management noted elevated comparisons to the prior year and a dynamic macro environment as key variables in their forward-looking guidance. The acquisition structure involves a 44% IP stake held by Drake, requiring ongoing creative alignment with the founder to maintain brand DNA. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Men's now represents approximately 25% of the business and continues to grow at a pace similar to the women's segment. Management is exploring category extensions like tailored clothing, handbags, baby, and home products in partnership with ABG to enhance the store experience. Drake remains highly committed to the brand's DNA and will be involved in overall direction, personal appearances, and marketing alignment. Vince will provide the manufacturing and sourcing infrastructure that OVO previously lacked at scale. Management expects a balanced business model for OVO between wholesale and retail within three years, similar to the Vince brand structure. A full U.S. wholesale launch is targeted for summer or the back half of next year, with potential for smaller 'capsule' drops earlier. The OVO deal serves as a proof-of-concept for using Vince's platform to manage diverse categories, including streetwear. Management expressed intent to 'rinse, lather, and repeat' this strategy with other brands, likely in continued partnership with ABG, after successfully integrating OVO.

NEW YORK, September 03, 2026--(BUSINESS WIRE)--Vince Holding Corp., (Nasdaq: VNCE) ("VNCE" or the "Company"), a global retail platform, today announced that it plans to report its second quarter 2026 financial results pre-market on Thursday, September 10, 2026. The Company also plans to hold a conference call to discuss its financial results on the same day at 8:30 a.m. ET. During the conference call, the Company may answer questions concerning business and financial developments, trends and other business or financial matters. The Company's responses to these questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been previously disclosed. Those who wish to participate in the call may do so by dialing (833) 461-5787, conference ID: 879 266 281. Any interested party will also have the opportunity to access the call via the Internet at http://investors.vince.com/. To listen to the live call, please go to the website at least 15 minutes early to register and download any necessary audio software. For those who cannot listen to the live broadcast, a recording will be available for 12 months after the date of the event. Recordings may be accessed at http://investors.vince.com/. ABOUT VINCE HOLDING CORP.Vince Holding Corp. is a global retail platform that operates the Vince brand women's and men's ready to wear business and the October’s Very Own ("OVO") brand apparel and accessories business. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Vince operates 41 full-price retail stores, 12 outlet stores, and its e-commerce site, vince.com, as well as through premium wholesale channels globally. OVO is a Canadian lifestyle brand originally founded in 2008 by Aubrey "Drake" Graham and a Toronto collective offering premium apparel and accessories. OVO operates 12 flagship retail stores worldwide and its e-commerce site, octobersveryown.com. Please visit investors.vince.com for more information. This press release is also available on the Vince Holding Corp. website (http://investors.vince.com/). View source version on businesswire.com: https://www.businesswire.com/news/home/20260903034070/en/ Contacts Investor Relations: ICR, Inc.Caitlin Churchill, [email protected]

Cintas Corporation CTAS reported fourth-quarter fiscal 2026 earnings of $1.29 per share, which beat the Zacks Consensus Estimate of $1.24 by 4%. The bottom line increased 18.3% from the year-ago quarter figure. Revenues of $2.91 billion surpassed the consensus estimate of $2.88 billion by 1% and rose 8.9% year over year.The top line was driven by 8.4% organic revenue growth, reflecting solid demand across its route-based businesses. Record gross margins also stood out as a key highlight in the quarter. The company has two reportable segments, Uniform Rental and Facility Services and First Aid and Safety Services. Other businesses, like Uniform Direct Sale and Fire Protection Services, are included in All Other. Quarterly sales data are briefly discussed below.Cintas’ Uniform Rental and Facility Services segment generated revenues of $2.20 billion, up 8.2% year over year from $2.03 billion. Segment operating income rose to $529.5 million from $465.1 million, reflecting steady demand and operating leverage.The First Aid and Safety Services segment delivered revenues of $368.1 million, increasing 13.5% from $324.4 million in the prior-year quarter. Operating income climbed to $98.6 million from $76.7 million, supported by strong demand for safety and compliance solutions.Revenues from the All Other segment totaled $339.4 million, up 8.6% from $312.6 million a year ago. Segment operating income increased to $59 million from $55.7 million. Cintas Corporation price-consensus-eps-surprise-chart | Cintas Corporation Quote Cintas’ cost of sales (comprising costs related to uniform rental and facility services and others) increased 6.2% year over year to $1.42 billion. Cintas reported gross profit of $1.48 billion, up 11.6% year over year. Gross margin improved 130 basis points to 51%, marking a record high.Selling and administrative expenses totaled $793.2 million, up 8.9% from the year-ago quarter figure. Despite this increase, operating income rose 12.7% to $673 million.Operating margin was 23.2%, up from 22.4% in the prior-year quarter, helped by higher sales. Net income increased 14% to $511 million, with a tax rate of 21.2%. Exiting fiscal 2026, Cintas had cash and cash equivalents of $289 million compared with $264 million at the end of fiscal 2025. Long-term debt was about $1.43 billion compared with $2.42 billion at the end of fiscal 2025. In fiscal 2026, it generated net cash of $2.28 billion from operating activities, up 5.1% from the year-ago period. Capital expenditures in the same period totaled $395.1 million, down 3.4% year over year.The company repurchased shares worth $952.1 million compared with $934.8 million in the previous fiscal year. Dividend payments totaled $701.5 million, up 14.7% year over year. For fiscal 2027, the company expects revenues to be in the range of $12.10-$12.25 billion. Adjusted earnings per share are projected in the range of $5.36-$5.50. The guidance excludes any expected impacts associated with the pending UniFirst acquisition.Management expects net interest expense of approximately $105 million and an effective tax rate of 20.2% for the year. The outlook assumes stable foreign exchange rates and excludes contributions from acquisitions. The company currently carries a Zacks Rank #2 (Buy).  Some other top-ranked stocks from the same space are discussed below:Duluth Holdings DLTH presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Duluth’s earnings surpassed the consensus estimate in each of the trailing four quarters. The average earnings surprise was 107.5%.  In the past 60 days, the Zacks Consensus Estimate for DLTH’s fiscal 2027 bottom line has increased 45.8%.Columbia Sportswear COLM presently carries a Zacks Rank of 2. Columbia Sportswear’s earnings surpassed the consensus estimate in each of the trailing four quarters. The average earnings surprise was 44.1%. In the past 60 days, the Zacks Consensus Estimate for COLM’s 2026 earnings has increased 3.8%.Vince Holding VNCE currently carries a Zacks Rank of 2. Vince Holding’s earnings topped the consensus estimate thrice and missed once in the trailing four quarters. The average earnings surprise was 635.7%. In the past 60 days, the Zacks Consensus Estimate for VNCE’s fiscal 2027 earnings has increased 59.5%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report Columbia Sportswear Company (COLM) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report Duluth Holdings Inc. (DLTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Vince Holding Corp. (VNCE) used its first-quarter fiscal 2026 earnings call to press a more confident message than the headline EPS miss alone suggested. Management emphasized that demand strength across direct-to-consumer and wholesale has carried into the second quarter, supporting a higher full-year outlook. That mattered because executives framed the quarter less as one-off beat on revenues and more as evidence that brand momentum, customer acquisition and operating discipline are building into a stronger base for the year. Chief executive officer Brendan Hoffman said the momentum built in fiscal 2025 accelerated into the new year, with the company executing its priorities “with precision and confidence.” Hoffman pointed to growth in both operating channels rather than a single pocket of demand. Net sales rose 10.5% year over year to $64 million, with direct-to-consumer up 15.6% and wholesale up 5.9%. Management also highlighted double-digit growth in both new and reactivated full-price customers, reinforcing that the brand’s traction was not limited to promotions. The company incurred a loss of 16 cents per share, wider than the Zacks Consensus Estimate of a loss of 13 cents, delivering a negative surprise of 23.1%. Revenues topped the Zacks Consensus Estimate of $63 million by 1.6%. Vince Holding Corp. price-consensus-eps-surprise-chart | Vince Holding Corp. Quote Chief financial officer Yuji Okumura said gross margin improved to 50.6% from 50.3% a year earlier. Okumura attributed the gain primarily to about 130 basis points from higher pricing and 100 basis points from lower discounting, partly offset by higher tariffs. That commentary was notable because it showed Vince protecting profitability even as it continued to invest behind the brand. Selling, general and administrative expenses rose in dollars to $35.0 million, driven by higher benefit costs plus marketing and advertising, though the expense rate improved to 54.7% from 58.0%. Loss from operations narrowed to $2.6 million from $4.4 million, while adjusted EBITDA improved to negative $1.1 million from negative $3.0 million. Management presented that improvement as evidence of operating leverage rather than a temporary mix benefit. The clearest message on the call was the guidance change. Okumura said Vince now expects fiscal 2026 net sales to rise about 7% to 8%, up from the prior outlook, with adjusted operating income at 4.0% to 4.5% of sales and adjusted EBITDA at 5.5% to 6.0%. For the fiscal second quarter, management guidance for sales growth was about 10% to 12%, adjusted operating income margin was 6.5% to 7.0% and adjusted EBITDA margin was 8.0% to 8.5%. Hoffman said quarter-to-date sales were running above a low-double-digit pace. Even with that confidence, management kept a measured tone on assumptions. The company said its outlook reflects higher input costs and lower reciprocal tariff rates, while excluding any potential tariff refunds because of uncertainty around timing and amount. Hoffman described direct-to-consumer as a standout area, tying the performance to store remodels, stronger e-commerce capabilities, broader marketing support and new drop-ship functionality. He also said men’s remains a meaningful expansion opportunity over time. On the product side, management cited strength in women’s woven tops, pants and dresses, as well as growth in men’s textured knits and polos. Hoffman also noted that more head-to-toe dressing is lifting average transaction values as bottoms penetration improves. The company is also using licensing and drop-ship to widen its assortment without taking on inventory risk. Management said shoes launched earlier, while handbags, belts and accessories were added in the fiscal second quarter, with home, kids and swim also in development through licensing partners. Analysts pressed management on whether the revenue acceleration reflected a favorable category cycle or company-specific execution. Hoffman said contemporary apparel is benefiting from tailwinds, but argued Vince is outperforming through product consistency, execution and stronger wholesale positioning. Questions also centered on Saks Global, an area of prior concern. Hoffman said Vince planned conservatively for the account entering the year, but has been pleasantly surprised by stronger orders and improving cooperation through the retailer’s restructuring process. On capital allocation, management sounded more assertive. Hoffman said the revolver is in better shape than it has been in a long time, with total borrowings at $29.1 million and excess availability at $31.2 million, leaving Vince able to “play some offense” and invest in the business. The call’s broader tone was more ambitious than defensive. Management repeatedly returned to the idea that Vince has established a new baseline for growth and now has room to invest while protecting discipline. That stance was reinforced by the blend of raised full-year guidance, improving profitability and selective spending on store upgrades, marketing and digital assortment expansion. The company did not present growth and caution as conflicting messages, but as parallel priorities for fiscal 2026. VNCE carries a Zacks Rank #3 (Hold), along with a Value Score of A, Growth Score of D, Momentum Score of B and VGM Score of B. Under the Zacks framework, higher Style Scores are more favorable, while the strongest combinations typically pair A or B Style Scores with a Zacks Rank #1 (Strong Buy) or #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. For a Rank #3 stock, the same grade hierarchy still applies, meaning stronger Style Scores remain a constructive signal, but the rank does not place VNCE in the top tier of expected near-term performance. That assessment can change as earnings estimate revisions adjust after the quarter’s results and outlook update. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vince Holding Corp. (VNCE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research