VRA Stock Recent News

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.

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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.

FORT WAYNE, Ind., May 02, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that it plans to report results for the first quarter ended April 29, 2023 at 8:00 a.m. Eastern Time on Wednesday, June 7, 2023.

Vera Bradley Inc. VRA said late Tuesday that is embarking on a reorganization, aiming to cut costs by an additional $12 million and replacing its chief financial officer. The company plans to cut about 25 corporate positions to “further right-size the expense structure of the enterprise.