Retail & Consumer Retail Written by: Emily Jarvie 10:33 Tue 16 Jun 2026 --> Edited by: Angela Harmantas About this content Disclaimer No investment advice Share article NO INVESTMENT ADVICE The content on this Site is provided for information purposes only and does not constitute investment advice, a personal recommendation, an offer or solicitation to buy or sell securities, or any other regulated activity. It should not be relied upon as the basis for any investment decision. Before making any investment decision, you should: Read the relevant prospectus, term sheet, subscription agreement, or other offering documentation in full Consider whether the investment is suitable for your individual circumstances, financial position, and objectives Seek independent advice from an appropriately qualified financial adviser Past performance is not a reliable indicator of future results. The value of investments can fall as well as rise. You may not recover the amount you invest, and in some cases you may be required to pay more. FOR OUR FULL DISCLAIMER CLICK HERE About this content × About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, and... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Vince Holding shares surge on Q1 earnings beat, raised guidance Published: 10:33 16 Jun 2026 EDT Vince Holding (NASDAQ:VNCE) shares jumped about 21% on Tuesday morning after the apparel retailer reported stronger-than-expected first quarter results and raised its full-year outlook. The company posted an adjusted loss of $0.16 per share for the quarter ended May 2, better than a loss per share of $0.37 expected by Wall Street analysts. Net sales rose 10.5% year over year to $64 million, exceeding forecasts of $60 million and increasing from $57.9 million in the prior-year quarter. The growth was driven by strength across both of the company's operating segments, with direct-to-consumer sales increasing 15.6% to $32 million and wholesale revenue rising 5.9% to $32.1 million. Gross profit increased to $32.4 million from $29.2 million a year earlier, while gross margin improved slightly to 50.6% from 50.3%. The company attributed the margin expansion primarily to higher pricing and lower discounting, partially offset by the impact of higher tariffs. Vince CEO Brendan Hoffman highlighted continued momentum across the business, pointing to double-digit growth in both new and reactivated customers and strength in full-price selling. He also noted that performance has continued into the second quarter. “With our strategic foundation firmly in place and a talented team driving product and execution, we are raising our full-year guidance and remain focused on driving sustained profitable growth and creating long-term shareholder value,” Hoffman said. Looking ahead, Vince expects second-quarter net sales to increase approximately 10% to 12% from the prior-year period, with adjusted EBITDA margin projected at 8% to 8.5%. For fiscal 2026, the company raised its outlook and now expects net sales growth of approximately 7% to 8% year over year. It forecasts adjusted operating income margin of 4% to 4.5% and adjusted EBITDA m