NEW YORK (TheStreet) -- Shares of Vince Holding Corp. (VNCE - Get Report) have jumped 14.21% to $31.67 following the company's 2014 first quarter results which showed a 32.4% increase in net sales to $53.5 million, compared to $40.4 million from the same period last year.
The diversified apparel company posted a net income of $1.4 million for the most recent quarter, compared to a net loss of -$15.1 million for the 2013 first quarter.
Vince reported diluted earnings of 4 cents per share versus a net loss of -58 cents per diluted share from the year ago quarter.
Must Read: Warren Buffett's 25 Favorite Stocks
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more