16Dec
US’ Vince Holding’s gross profit at 50% of net sales in Q3 FY24
Vince Holding Corp has reported net sales of $80.2 million in Q3 FY24, down 4.7 per cent YoY, with gross profit improving to 50.0 per cent of net sales.
SG&A expenses were $34.3 million, and income from operations rose to $5.8 million.
Nine-month sales were $213.5 million, with net income of $9.3 million.
FY24 sales are expected to decline slightly.
Vince Holding Corp has reported net sales of $80.2 million in Q3 FY24, down 4.7 per cent YoY, with gross profit improving to 50.0 per cent of net sales.
SG&A expenses were $34.3 million, and income from operations rose to $5.8 million.
Nine-month sales were $213.5 million, with net income of $9.3 million.
FY24 sales are expected to decline slightly.
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