Vince Holding Corp. Reports Preliminary First Quarter 2020 Results

Author's Avatar
Jun 17, 2020
Article's Main Image

Vince Holding Corp. (NYSE:VNCE, Financial), a leading global contemporary group (“Vince” or the “Company”), today reported preliminary results for the first quarter of fiscal year 2020 ended May 2, 2020. These preliminary results are subject to change following the completion of quarterly financial closing procedures and do not include the non-cash impact of goodwill and intangible asset impairment charges, long-lived asset or other finite-lived intangible asset impairment charges, which are expected to have a material impact on the Company’s reported results. In addition, preliminary results exclude any benefit from the re-measurement of the liability related to the Company’s Tax Receivable Agreement (“TRA”).