Vince Holding Corp Stock
€2.22
Your prediction
Vince Holding Corp Stock
Pros and Cons of Vince Holding Corp in the next few years
Pros
Cons
Performance of Vince Holding Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Vince Holding Corp | -1.770% | -0.893% | -27.451% | -65.313% | -35.088% | -75.196% | -80.925% |
| G-Iii Apparel Group | - | -2.308% | 0.794% | 72.789% | -16.993% | -4.511% | -32.545% |
| Vera Bradley Inc. | -0.830% | -1.653% | 5.310% | 8.182% | -13.768% | -34.254% | -41.804% |
| Duluth Holdings Inc | -2.440% | -4.762% | -7.834% | -29.204% | -19.355% | -69.925% | -72.973% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In this article, the financials of Vince Holding, an NYSE-listed company operating in the Textile & Apparel industry under the symbol VNCE, will be examined. A cursory glance at the company's financial statements suggests a potential cause for concern, particularly in the context of declining revenues and a fluctuating balance sheet. To provide a comprehensive understanding of Vince Holding's financial health, a detailed analysis of the pros and cons will be presented based on the available financial statements.
Gross Profit: Despite experiencing a decline in total revenue, it's noteworthy that the gross profit of Vince Holding remains relatively stable over the years. For instance, the gross profit in 2021 was $88,597,000 and increased to $146,570,000 in 2022, before seeing a minor dip to $137,970,000 in 2023.
Inventory Management: Over the years, Vince Holding appears to have effectively managed its inventory levels, reducing the potential for excess stock and obsolete inventory issues. The inventory in 2021 was $68,226,000, which increased to $78,564,000 in 2022, and $90,008,000 in 2023. This suggests that the company is striking a balance between maintaining adequate inventory levels and controlling costs.