How Can Vince Frequently Tide Over Difficulties?
Since the beginning of this year, the situation of Vince has been frequent, and people have to worry about its whereabouts: at the beginning of the year, the leaders of the group went away one after another, the two quarter turned into a deficit, and the share price plummeted by 31%. After that, Brendan Hoffman was appointed chief executive to reclaim 9.6% of the stock price. After that, after the stock price plunged more than 91%, the founder of the brand was recalled and the stock price was up 18.9%.
Recently, however, when Vince has handed in its three quarter earnings report, what will this dangerous American fashion brand bring to us?
Although the three quarter results exceeded expectations,
Vince
Corp net profit was only $5 million 893 thousand, but its quarterly revenue plunged by 56% compared with $13 million 311 thousand in the same period last year.
Therefore, according to data analysis, although the three quarter Vince recorded super
Expect
However, Vince, which is still in frequent market condition, is still unable to prevent brand share price from plummeting by 78%.
Vince Holding Corp (NYSE:VINCE) released on Thursday
achievement
The report shows that the three quarter's performance exceeded expectations, stimulating stock prices to rise.
As of October 31st, the earnings per share recorded $0.16 in the three quarter, and it was still $0.13 after adjustment, exceeding analysts' expectations of $0.07.
It seems that there is a subtle link between the expected performance of Rea Laccone and Christopher LaPolice.
The two person's status as a consultant is very interesting for Vince's status today.
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