Why Vince Holding (VNCE) Stock Is Soaring Today

NEW YORK (TheStreet) -- Shares of Vince Holding Corp. (VNCE) 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 ReadWarren Buffett's 25 Favorite Stocks 

VNCE Chart VNCE data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists