Vera Bradley

Vera Bradley, Inc. designs, produces, markets, and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The company operates through the following segments: Vera Bradley Direct (VB Direct), Vera Bradley Indirect (VB Indirect), and Pura Vida. The VB Direct segment consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States, verabradley.com, the Vera Bradley online outlet site, and the Vera Bradley annual outlet sale in Fort Wayne, Indiana. The VB Indirect segment consists of sales of Vera Bradley products to retail locations in the United States, sales to department stores, national accounts, third-party e-commerce sites, and third-party inventory liquidators, and royalties recognized through licensing agreements related to the Vera Bradley brand. The Pura Vida segment represents revenue generated through the Pura Vida websites, www.puravidabracelets.com and www.puravidabracelets.eu, and through the distribution of Pura Vida-branded products to wholesale retailers, substantially all of which are located in the United States. It also offers accessories, which include wallets, wristlets, eyeglass cases, cosmetics cases, and paper and gift products. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.

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VRA reports improved bottom line, announces cost reductions for growth

VRA reported improved bottom line performance and positive revenue trends at Pura Vida, but faced challenges in traffic trends at Vera Bradley factory stores. The company announced cost reductions and organizational changes to address these challenges and is focused on project restoration for future growth.

Vera Bradley reports improved Q2 earnings, focuses on targeted strategies

Vera Bradley's Q2 2023 earnings call showcased improved performance driven by strategic initiatives. While facing challenges in brand revenues and sales, the company is focused on leveraging opportunities through targeted brand strategies and commitment to profitable growth.

Vera Bradley Inc. reports flat Q3 income, focuses on long-term growth

Vera Bradley Inc. reported flat Q3 non-GAAP income, with declines in both Vera Bradley brand and Pura Vida sales. The company's focus on expense management, debt-free balance sheet, and strategic inventory reduction aligns with its Project Restoration initiatives aimed at long-term profitable growth. Challenges include declines in brand revenues and Pura Vida sales, while opportunities exist in returning both brands to profitable growth and achieving revised fiscal year guidance.

Vera Bradley surpasses revenue targets in Q4, eyes stable growth

Vera Bradley's Q4 performance showcased revenue outperformance, cost savings, and brand investments. While challenges exist in social media effectiveness and revenue stability, opportunities for growth through Project Restoration and fiscal 2024 projections are promising.

Vera Bradley reports improved Q1 performance and strategic growth initiatives

Vera Bradley's Q1 2024 showcased improved bottom line performance, driven by gross margin expansion and expense control. Pura Vida's positive revenue growth and strategic initiatives position the company for future success. Addressing challenges in traffic trends and optimizing operations are key focus areas.

Vera Bradley reports improved Q2 earnings, targets demographic growth

Vera Bradley's Q2 performance showed improved earnings through margin expansion and cost-cutting measures, with a focus on core categories and digital strategies for growth.
While facing challenges in revenue declines and sales dips, the company is strategically targeting specific demographics and refining channel strategies for sustained success.
Both Vera Bradley and Pura Vida have opportunities to drive growth through targeted consumer strategies, unique designs, and strategic collaborations in their respective markets.

Vera Bradley navigates revenue challenges with strategic initiatives for growth

Vera Bradley and Pura Vida faced revenue challenges but are focused on strategic initiatives and demographic targeting for growth.
Expense management, inventory optimization, and digital enhancements are key strategies to drive profitability and brand relevance.
Despite revenue declines, the company is committed to returning both brands to profitable growth through Project Restoration initiatives.
Revised guidance for the year reflects a comprehensive approach to addressing financial performance and operational efficiency.

Vera Bradley reports Q4 declines but returns to profitability

Vera Bradley's Q4 performance showed declines in brand revenues and Pura Vida sales, but the company returned to profitability for the year.
Project Restoration initiatives are driving growth, with a focus on brand relevance, new stores, and online improvements.
Challenges include sales declines and inventory management, while opportunities lie in demographic targeting and revenue growth strategies.
Shareholders can anticipate updates on Project Restoration progress, highlighting the company's commitment to profitable growth and cash flow generation.

Vera Bradley's Project Restoration aims to revitalize brand amid challenges

Vera Bradley is navigating revenue declines in key segments while strategically investing in Project Restoration to revitalize the brand and attract a new customer base. The company's conservative financial approach and share repurchases demonstrate confidence in future prospects.

Vera Bradley's Q2 2025: Revenue Decline Amid Strategic Growth Initiatives

Vera Bradley's Q2 performance saw revenue decline but maintained profitability with a focus on operational improvements
Strengths lie in Project Restoration's efforts, collaborations with partners, and investments in marketing and inventory management
Challenges include consumer headwinds impacting results and the need for a more conservative outlook for the year
Opportunities exist in growth initiatives, strategic investments, and product expansions to drive engagement and sales

Vera Bradley Q3: Challenges addressed, strong customer response drives revenue

Vera Bradley navigated challenges with Project Restoration but saw improved results
Strong customer response to holiday items and strategic pricing decisions drove revenue
Opportunities lie in optimizing outlet channels and e-commerce strategies

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Vera Bradley, Inc. engages in the business of designing women's handbags, luggage, travel items, fashion, home accessories, and unique gifts. It operates through the following segments: Vera Bradley (VB) Direct, Vera Bradley Indirect, and Pura Vida. The VB Direct segment is involved in selling VB products through full-line and factory outlet stores, websites, online outlet site, and the VB annual outlet sale. The VB Indirect segment includes distribution of branded products to specialty retailers, select department stores, national accounts, third-party e-commerce sites, third-party inventory liquidators, and licensing agreements. The Pura Vida segment focuses on distributing products to wholesale retailers. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.

Vera Bradley's stock has been declining for over a decade, and management missteps appear to be a core reason. Multiple strategic plans have failed to reverse the company's fortunes, and sales continue to decline. Thankfully, margins have generally held up, suggesting that the Vera Bradley brand isn't impaired.

Vera Bradley Worth A Flyer On Hopes Of Better Management Or Takeover

Vera Bradley, Inc. (NASDAQ:VRA ) Q3 2025 Results Conference Call December 11, 2024 9:30 AM ET Company Participants Mark Dely - Chief Administrative Officer Jackie Ardrey - Chief Executive Officer Michael Schwindle - Chief Financial Officer Conference Call Participants Eric Beder - SCC Research Daniel Harriman - Sidoti & Company Operator Greetings. Welcome to the Vera Bradley Third Quarter Fiscal 2025 Earnings Conference Call.

Vera Bradley, Inc. (VRA) Q3 2025 Earnings Call Transcript

Vera Bradley (VRA) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.19 per share a year ago.

Vera Bradley (VRA) Reports Q3 Loss, Lags Revenue Estimates

Consolidated net revenues totaled $80.6 million Financial condition remains strong with no debt and approximately $89 million of liquidity Updates outlook for fiscal year ending February 1, 2025 FORT WAYNE, Ind., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the third quarter and nine months ended November 2, 2024.

Vera Bradley Announces Third Quarter Fiscal Year 2025 Results

FORT WAYNE, Ind., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that it plans to report results for the third quarter ending November 2, 2024 of fiscal year 2025 at 8:00 a.m. Eastern Time on Wednesday, December 11, 2024.

Vera Bradley, Inc. Announces Reporting Date for Third Quarter Fiscal Year 2025 Results

FORT WAYNE, Ind., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (“Vera Bradley” or the “Company”) (NASDAQ:VRA) today announced the appointment of Ian Bickley to its Board of Directors (the “Board”) effective November 1, 2024.

Vera Bradley Announces Appointment of Ian Bickley to the Board of Directors

FORT WAYNE, Ind., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) announced today that the Board of Directors of the Company (the “Board”) unanimously approved the adoption of a limited duration shareholder rights plan (the “Rights Plan”) to protect shareholders' interests and maximize value for all shareholders.

Vera Bradley Announces Adoption of Limited Duration Shareholder Rights Plan

Vera Bradley's 2Q25 results were disappointing, with significant sales and gross margin declines, and guidance slashed from $21 million to $3 million in operating income. The company's abrupt rebranding has faced severe backlash from core customers, leading to concerns about future demand and customer loyalty. Despite historical valuation metrics suggesting a cheap stock, the uncertainty surrounding the new branding and product changes makes it difficult to assess Vera Bradley's true value.

Vera Bradley Is Too Risky: 2Q25 Was Challenging, And Does Not Even Include Its Criticized Rebranding

FORT WAYNE, Ind., Sept. 15, 2024 (GLOBE NEWSWIRE) -- The Vera Bradley Foundation for Breast Cancer (the "Foundation") today announced a donation of $1,601,830 to support the Vera Bradley Foundation Center for Breast Cancer Research at the Indiana University School of Medicine (“IU School of Medicine”). With this gift, the Foundation's cumulative contributions to breast cancer research now stand at $41.7 million.

Vera Bradley Foundation for Breast Cancer Raises $1,601,830 for Breast Cancer Research

Vera Bradley, Inc. (NASDAQ:VRA ) Q2 2025 Earnings Conference Call September 11, 2024 9:30 AM ET Company Participants Mark Dely - Chief Administrative Officer Jackie Ardrey - Chief Executive Officer Michael Schwindle - Chief Financial Officer Conference Call Participants Daniel Harriman - Sidoti & Company Doug Lane - Water Tower Research Eric Beder - SCC Research Operator Greetings. Welcome to the Vera Bradley Second Quarter Fiscal 2025 Earnings Conference Call.

Vera Bradley, Inc. (VRA) Q2 2025 Earnings Call Transcript

Vera Bradley (VRA) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.33 per share a year ago.

Vera Bradley (VRA) Misses Q2 Earnings and Revenue Estimates

Consolidated net revenues totaled $110.8 million Net income totaled $5.7 million, or $0.19 per diluted share; Non-GAAP net income totaled $3.9 million, or $0.13 per diluted share Balance sheet remains strong, with cash and cash equivalents of $44.1 million, no debt, and year-over-year inventories down nearly 5% Updates outlook for fiscal year ending February 1, 2025 FORT WAYNE, Ind., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the second quarter and six months ended August 3, 2024.

Vera Bradley Announces Second Quarter Fiscal Year 2025 Results

Exclusive Vintage-Inspired Bags and Accessories are Available to Shop Now Exclusive Vintage-Inspired Bags and Accessories are Available to Shop Now

Vera Bradley Launches Limited-Edition Collection in Collaboration With Urban Outfitters

U.S. stocks traded higher toward the end of trading, with the S&P 500 surging around 1% on Wednesday.

Crude Oil Moves Higher; Vera Bradley Shares Slide

Vera Bradley, Inc. (NASDAQ:VRA ) Q1 2025 Earnings Call Transcript June 12, 2024 9:30 AM ET Company Participants Mark Dely - Chief Administrative Officer Jackie Ardrey - CEO Michael Schwindle - CFO Conference Call Participants Daniel Harriman - Sidoti & Company Eric Beder - SCC Research Doug Lane - Water Tower Research Operator Greetings. Welcome to the Vera Bradley First Quarter Fiscal 2025 Earnings Conference Call.

Vera Bradley, Inc. (VRA) Q1 2025 Earnings Call Transcript

Vera Bradley (VRA) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of $0.11. This compares to loss of $0.09 per share a year ago.

Vera Bradley (VRA) Reports Q1 Loss, Misses Revenue Estimates

Vera Bradley Inc.'s stock VRA, -1.90% tumbled 14% early Wednesday, after the women's clothing and accessories maker posted a surprise loss for its fiscal first quarter and sales that fell short of estimates . Fort Wayne, Indiana-based Vera Bradley post a net loss of $8.1 million, or 26 cents a share, for the quarter to May 4, wider than the loss of $2.6 million, or 9 cents a share, posted in the year-earlier period.

Vera Bradley's stock slides after company posts surprise loss and revenue that lags estimates

First quarter consolidated net revenues totaled $80.6 million, compared to $94.4 million last year Strong balance sheet, with cash and cash equivalents of $55.2 million, no debt, and year-over-year inventories down over 12% First quarter net loss totaled ($8.1) million, or ($0.26) per diluted share, compared to a net loss of ($4.7) million, or ($0.15) per diluted share, last year    First quarter non-GAAP net loss totaled ($6.5) million, or ($0.21) per diluted share, compared to a non-GAAP net loss of ($2.6) million, or ($0.09) per diluted share, last year  Management reconfirms guidance for fiscal year ending February 1, 2025 FORT WAYNE, Ind., June 12, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced its financial results for the first quarter of the fiscal year ending February 1, 2025 (“Fiscal 2025”).

Vera Bradley Announces First Quarter Fiscal Year 2025 Results

Vera Bradley's shares have dropped 17.4% since December 2021, despite positive financial performance in the first half of fiscal year 2022. The company's revenue has been declining, but profitability has improved due to cost reductions and inventory management. Analysts expect a decline in revenue for the first quarter of fiscal year 2025, but an increase in profits. The stock is considered cheap but risky.

Vera Bradley: A Risky Turnaround Play

FORT WAYNE, Ind., June 10, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that Chief Executive Officer Jackie Ardrey and Chief Financial Officer Michael Schwindle will present at the SHARE Series hybrid investor event hosted at the New York Stock Exchange on Friday, June 14th, 2024 at 9:35 ET.

Vera Bradley, Inc. to Present at SHARE Series Event

Vera Bradley, Inc. invites individual and institutional investors, as well as advisors and analysts, to attend online at https://bit.ly/3KnsHUp

Vera Bradley, Inc. to Present at Water Tower Research's Inaugural Consumer Products Virtual Investor Conference

FORT WAYNE, Ind., May 06, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that it plans to report results for the first quarter of the fiscal year ending February 1, 2025 at 8:00 a.m.

Vera Bradley, Inc. Announces Reporting Date for First Quarter Fiscal Year 2025 Results

Vera Bradley is a handbag and accessories brand that has seen a decline in sales. VRA has fixed its inventory supply to a more appropriate level for its sales, and gross margins have improved as inventory levels improved. Growth will be limited, but the valuation is inexpensive, there is no debt, and a sizable share repurchase program all help tilt the risk/reward toward reward, with minimal downside risks.

Vera Bradley: Stitching Together An Opportunity

Vera Bradley, Inc. (VRA) Q4 2024 Earnings Call Transcript

Vera Bradley Inc.'s stock VRA, -0.84% tumbled 2.5% early Wednesday, after the maker of handbags and accessories posted weaker-than-expected fiscal fourth-quarter earnings as it continues to work on a turnaround. The Fort Wayne, Indiana-based company posted a loss of $1.9 million, or 6 cents a share, for the quarter to Feb. 3, narrower than the loss of $28.2 million, or 91 cents a share, posted in the year-earlier period.

News for Vera Bradley Stock (VRA)