VRA Stock Recent News

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'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, 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 (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.

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.

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

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.

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'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.