VNCE 8-K

Vince Holding Corp. (VNCE)

8-K 2026-09-10 For: 2026-09-10

Added on September 10, 2026


Delaware	001-36212	75-3264870
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

500 5th Avenue 20th Floor
New York, New York		10110
(Address of Principal Executive Offices)		(Zip Code)


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	VNCE	The Nasdaq Stock Market LLC


Exhibit No.		Description of Exhibit
99.1		Press Release of the Company, dated September 10, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).


			VINCE HOLDING CORP.

Date:	September 10, 2026	By:	/s/ Brendan Hoffman
			Brendan Hoffman Chief Executive Officer


	Three Months Ended
	August 1,			August 2,
(in thousands)	2026			2025
Net Sales:
Vince Wholesale	$	49,407		$	44,762
Vince Direct-to-consumer		32,381			28,479
Total net sales	$	81,788		$	73,241

Income from operations:
Vince Wholesale	$	24,584		$	17,058
Vince Direct-to-consumer		4,498			211
Total segment income from operations (1)		29,082			17,269
Unallocated corporate (2)		(15,529	)		(6,118	)
Total income from operations	$	13,553		$	11,151

FORM 8-K


Vince Holding Corp. and Subsidiaries										Exhibit (1)
Condensed Consolidated Statements of Operations
(Unaudited, amounts in thousands except percentages, share and per share data)

	Three Months Ended						Six Months Ended
	August 1,			August 2,			August 1,			August 2,
	2026			2025			2026			2025
Net Sales	$	81,788		$	73,241		$	145,823		$	131,174
Cost of products sold		31,954			36,303			63,597			65,073
Gross profit		49,834			36,938			82,226			66,101
as a % of net sales		60.9	%		50.4	%		56.4	%		50.4	%
Selling, general and administrative expenses		36,281			25,787			71,320			59,388
as a % of net sales		44.3	%		35.2	%		48.9	%		45.3	%
Income from operations		13,553			11,151			10,906			6,713
as a % of net sales		16.6	%		15.2	%		7.5	%		5.1	%
Interest expense, net		708			849			1,352			1,705
Other (income)		(493	)		(1,560	)		(596	)		(1,560	)
Income before income taxes and equity in net income of equity method investment		13,338			11,862			10,150			6,568
Provision for income taxes		3,139			58			2,731			58
Income before equity in net income of equity method investment		10,199			11,804			7,419			6,510
Equity in net income of equity method investment		398			256			1,077			747
Net income	$	10,597		$	12,060		$	8,496		$	7,257
Earnings per share:
Basic earnings per share	$	0.82		$	0.93		$	0.66		$	0.56
Diluted earnings per share	$	0.80		$	0.93		$	0.65		$	0.56
Weighted average shares outstanding:
Basic		12,891,384			12,906,045			12,868,995			12,863,100
Diluted		13,189,644			12,958,739			13,145,029			12,950,828


Vince Holding Corp. and Subsidiaries					Exhibit (2)
Condensed Consolidated Balance Sheets
(Unaudited, amounts in thousands)

	August 1,		January 31,		August 2,
	2026		2026		2025
ASSETS
Current assets:
Cash and cash equivalents	$	1,009	$	498	$	777
Trade receivables, net		27,250		30,482		29,405
Inventories, net		73,371		66,240		76,705
Prepaid expenses and other current assets		4,712		3,770		5,184
Total current assets		106,342		100,990		112,071
Property and equipment, net		7,954		7,939		8,416
Operating lease right-of-use assets		90,438		90,874		92,265
Equity method investment		20,287		21,451		22,183
Other assets		3,891		3,787		4,037
Total assets	$	228,912	$	225,041	$	238,972

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	33,721	$	25,921	$	35,882
Accrued salaries and employee benefits		7,393		10,811		8,342
Other accrued expenses		13,510		14,800		10,443
Short-term lease liabilities		16,795		16,391		15,069
Total current liabilities		71,419		67,923		69,736
Long-term debt		12,250		19,462		31,096
Long-term lease liabilities		85,432		86,535		87,752
Deferred income tax liability and other liabilities		1,021		1,021		1,093
Stockholders' equity		58,790		50,100		49,295
Total liabilities and stockholders' equity	$	228,912	$	225,041	$	238,972


Vince Holding Corp. and Subsidiaries							Exhibit (3)
Reconciliation of GAAP to Non-GAAP measures
(Unaudited, amounts in thousands except share and per share amounts)

	For the Three Months Ended August 1, 2026
	As Reported (GAAP)			OVO transaction costs			As Adjusted (Non-GAAP)

Income from operations	$	13,553		$	(2,879	)	$	16,432
Interest expense, net		708			—			708
Other (income)		(493	)		—			(493	)
Income before income taxes and equity in net income of equity method investment		13,338			(2,879	)		16,217
Provision for income taxes		3,139			—			3,139
Income before equity in net income of equity method investment		10,199			(2,879	)		13,078
Equity in net income of equity method investment		398			—			398
Net income	$	10,597		$	(2,879	)	$	13,476
Earnings per share - diluted (1)	$	0.80		$	(0.22	)	$	1.02



	For the Six Months Ended August 1, 2026
	As Reported (GAAP)			OVO transaction costs			As Adjusted (Non-GAAP)

Income from operations	$	10,906		$	(2,879	)	$	13,785
Interest expense, net		1,352			—			1,352
Other (income)		(596	)		—			(596	)
Income before income taxes and equity in net income of equity method investment		10,150			(2,879	)		13,029
Provision for income taxes		2,731			—			2,731
Income before equity in net income of equity method investment		7,419			(2,879	)		10,298
Equity in net income of equity method investment		1,077			—			1,077
Net income	$	8,496		$	(2,879	)	$	11,375
Earnings per share - diluted (1)	$	0.65		$	(0.22	)	$	0.87


	For the Six Months Ended August 2, 2025
	As Reported (GAAP)			ERC Benefit			Discrete Tax Effect Associated With ERC Benefit			As Adjusted (Non-GAAP)

Income from operations	$	6,713		$	5,613		$	—		$	1,100
Interest expense, net		1,705			—			—			1,705
Other (income)		(1,560	)		(1,560	)		—			—
Income (loss) before income taxes and equity in net income of equity method investment		6,568			7,173			—			(605	)
Provision for income taxes		58			—			58			—
Income (loss) before equity in net income of equity method investment		6,510			7,173			(58	)		(605	)
Equity in net income of equity method investment		747			—			—			747
Net income	$	7,257		$	7,173		$	(58	)	$	142
Earnings per share - diluted (2)	$	0.56		$	0.55		$	—		$	0.01


Vince Holding Corp. and Subsidiaries								Exhibit (4)
Reconciliation of Net Income to Adjusted EBITDA
(Unaudited, amounts in thousands)

	Three Months Ended					Six Months Ended
	August 1,		August 2,			August 1,		August 2,
	2026		2025			2026		2025
Net income	$	10,597	$	12,060		$	8,496	$	7,257
Interest expense, net		708		849			1,352		1,705
Provision for income taxes		3,139		58			2,731		58
Depreciation and amortization		598		773			1,214		1,534
Share-based compensation		49		96			140		242
Capitalized cloud computing amortization		25		11			50		23
ERC benefit		—		(7,173	)		—		(7,173	)
OVO transaction costs		2,879		—			2,879		—
Adjusted EBITDA	$	17,995	$	6,674		$	16,862	$	3,646