Vince Holding Corp. (NASDAQ:VNCE) reported fourth-quarter results on Wednesday that came in ahead of analyst forecasts, sending its shares up nearly 5% in premarket trading.
Adjusted earnings per share reached $0.18, outperforming the consensus estimate of a $0.13 loss. Revenue rose 4.7% year over year to $83.7 million, slightly above expectations of $83.1 million.
On a GAAP basis, the company recorded a net loss of $3.6 million, or $0.28 per share, which included a $6 million charge tied to the Saks reorganization. Excluding this item, adjusted net income came in at $2.4 million.
Top-line growth was supported by a 10.4% increase in direct-to-consumer sales, which more than offset a 1.2% decline in wholesale revenue.
“I am incredibly proud of the strong operating results we delivered in the fourth quarter reflecting the powerful momentum we built throughout fiscal 2025,” said CEO Brendan Hoffman. “Our team executed across all areas of the business, delivering nearly 5% sales growth with profitability exceeding the high end of our guidance ranges.”
For the full fiscal year 2025, net sales rose 2.2% to $300 million. The company reported net income of $6.4 million, or $0.49 per share, compared with a net loss of $19 million in the previous year. Adjusted EBITDA for the quarter totaled $4.5 million.
Looking ahead, Vince expects first-quarter fiscal 2026 net sales to grow between 8.5% and 10.5% year over year, with the midpoint indicating continued strong momentum. For the full fiscal year, the company forecasts sales growth of 3% to 6%, suggesting steady expansion.
The company ended the quarter with 55 company-operated stores and $40.8 million in available capacity under its revolving credit facility.