Vince Holdings reported net sales of $85.1m compared with $80.2m for the third quarter ending 1 November.

Operating income fell to $5.4m from $5.8m as SGA expenses increased, as did the cost of products sold.

Net income fell to $2.73m from $4.4m a year earlier.

Vince Holdings CEO Brendan Hoffman said,: "We are extremely proud of our third quarter performance, delivering healthy sales growth across all channels while exceeding expectations for both top and bottom line results. Our direct-to-consumer segment is showing broad-based strength, benefiting from enhancements we have made to the customer experience. This includes the store renovations from earlier this year, as well as an e-commerce site refresh, increased marketing support, and the launch of drop-ship capabilities expanding the breadth and depth of our assortment online in the third quarter. This momentum has continued into the fourth quarter with a record holiday sales weekend in direct-to-consumer.

"As we look ahead, I'm more confident than ever in our trajectory as we successfully balance disciplined execution with strategic reinvestment to position the Vince Holding Corp. platform for sustained long-term profitable growth."

Vince Holdings outlook

For the fourth quarter of fiscal 2025 the company expects the following:

• Net sales to increase approximately 3% to 7% compared to the prior year period
• Adjusted operating income as a percentage of net sales to be approximately 0% to 2%
• Adjusted EBITDA as a percentage of net sales to be approximately 2% to 4%.

For fiscal 2025 the company expects the following:

• Net sales to increase approximately 2% to 3% compared to the prior year
• Adjusted operating income as a percentage of net sales to be approximately 2% to 3%
• Adjusted EBITDA as a percentage of net sales to be approximately 4% to 5%.

The above guidance for the fourth quarter of fiscal 2025 assumes $4-5m in expected incremental tariff costs, of which it expects to continue to partially offset through its mitigation strategies.