Vince Holding (VNCE) reported 11.7% Q2 sales growth to $81.8 million, driven by strong full-price customer demand across women's and men's apparel. DTC sales grew 13.7% and wholesale grew 10.4%.
The company projects 5-8% sales growth for Q3. Shares have gained 81.5% in three months, and VNCE trades at a forward P/E of 9.24X, below the industry average of 15.93X.