VRA Stock Recent News

The stock of Vera Bradley, a women's fashion retailer, has delivered remarkable returns of 125% since the new CEO took over roughly a year ago. We pick out some of the major improvements seen in the business and examine what could stick and what may ease. Valuations look fair and the stock may be close to hitting a crucial pivot point.

Vera Bradley (VRA) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

For its latest quarter, Vera Bradley reported a decline in revenue, but a strong jump in profits. Management forecasts that the rebound will continue through the rest of the year.

Vera Bradley (NASDAQ:VRA) stock started Wednesday on the front-foot after reporting a return to profit and what it described as a “meaningful year-over-year improvement in second quarter earnings”, supported by better margins. At US$128.2 million revenue for the quarter represent only a modest $130.4 million year-on-year reduction, whilst net income was reported at $9.3 million or 30 cents per share, improving from a $29.8 million loss and negative 95 cents per share in the same period last year.

Vera Bradley Inc.'s stock VRA, +0.15% rose 0.6% in premarket trade Wednesday, after the handbag and accessories company swung to a profit in its fiscal second quarter from a loss a year ago and swept past earnings estimates. The company posted net income of $9.25 million, or 30 cents a share, after a loss of $29.8 million, or 95 cents a share, in the year-earlier period.

Vera Bradley (NASDAQ:VRA) on Wednesday reports its second-quarter results into an uneven market for retailers, albeit the fashion stock most recently upgraded its own forecasts. Retail earnings have been something of a mixed bag with premium luxury brands mostly finding favor but those more aligned to the mass market, and especially leisure apparel, have found it tough – not least the likes of Footlocker and Dick's Sporting Goods.

FORT WAYNE, Ind., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that it plans to report results for the second quarter ended July 29, 2023 at 8:00 a.m. Eastern Time on Wednesday, August 30, 2023.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Vera Bradley (VRA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Vera Bradley, Inc. (NASDAQ:VRA ) Q1 2024 Earnings Conference Call June 7, 2023 9:30 AM ET Company Participants Mark Dely - CAO Jacqueline Ardrey - President and CEO John Enwright - Departing CFO Michael Schwindle - CFO Conference Call Participants Joe Gomes - Noble Capital Eric Beder - SCC Research Operator Please standby. Good morning ladies and gentlemen.

Vera Bradley (VRA) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.19 per share a year ago.