Vince Holding Corp. said comparable sales for the nine-week period ended Dec. 30, rose 8.8 percent.
At full-price stores and ecommerce, combined comparable sales rose 15.9 percent for the holiday period, the company said.
“We were thrilled with our holiday sales performance which continued the strong trends that we saw towards the end of the third quarter,” said chief executive officer Brendan Hoffman. “The new product is resonating with our customers and driving double digit comparable sales growth in our full price direct to consumer channels. We were also pleased with improved sell-through at our wholesale partners which bodes well for 2018 performance.”
Vince is the latest retailer to report stronger-than-expected holiday sales gains. As reported, Nordstrom Inc. weighed in with a 1.2 percent gain in comp sales for the combined November and December period, reflecting improvement in the company’s full-line and Nordstrom Rack stores, as well as growth in its e-commerce business.
The department store also pegged its full-year earnings per diluted share at $2.90 to $2.95, the high-end of its prior guidance calling for profits of $2.85 to $2.95.
Vince and Nordstrom joined the likes of Kohl’s Corp. and Target Corp. that over the last few days have released strong sales data.
Despite talk of growth, investors remain on guard. On Tuesday, shares of Kohl’s inched up 0.2 percent to $57.02, having risen 4.7 percent on Monday on word of holiday growth, while American Eagle slipped 3.2 percent to $17.38 and G-III decreased 2.5 percent to $38.87. Shares of Nordstrom were flat at 47.89 in after-hours trading, having slipped 0.8 percent in regular trading.