Vera Bradley news and archive

Vera Bradley posts Q4 loss

Consolidated net revenues at Vera Bradley, Inc. were 147.1 million dollars for the fourth quarter compared to 149.6 million dollars in the prior year fourth quarter. The company’s net loss for the quarter was 28.2 million dollars or 91 cents per diluted share. On a non-GAAP basis, net income totaled 5 million dollars or 16 cents per diluted...

Business

Vera Bradley posts 57.5 percent rise in Q1 revenues

Consolidated net revenues at Vera Bradley totalled 109.1 million dollars for the first quarter, an increase of 57.5 percent over prior year first quarter. Net loss was 2.1 million dollars or 6 cents loss per diluted share, while on a non-GAAP basis, net loss totalled 1.7 million dollars or 5 cents loss per diluted share. For the prior year first...

People

Vera Bradley to appoint Nancy Twine to its board of directors

Vera Bradley, Inc. has announced that Nancy Twine, financial executive and founder and CEO of Briogeo Hair Care, has been nominated to join its board of directors. Twine will replace director Michael Miller upon his retirement from the Vera Bradley board in June 2021. With this appointment, the company said, it will have 60 percent female board...

Retail

ThredUp to power resale for Vera Bradley through RaaS

US apparel resale platform ThredUp has announced it will provide American luggage and handbag company Vera Bradley, Inc. with its Resale-as-a-Service (RaaS). Vera Bradley will give its online and in-store customers the opportunity to fill what it refers to as ‘Clean Out Kits’, with the apparel, shoes and accessories they want to do away with....

BusinessFeatured

Vera Bradley reports Q3 net income of 8.9 million dollars

For the third quarter, Vera Bradley, Inc. reported consolidated net revenues of 124.8 million dollars compared to 127.5 million dollars in the prior year third quarter, while consolidated net income totalled 8.9 million dollars or 26 cents per diluted share and on a non-GAAP basis, net income totalled 10.2 million dollars or 30 cents per diluted...

Business

Vera Bradley posts marginal rise in Q2 revenues

Vera Bradley, Inc. consolidated net revenues for the second quarter totalled 119.8 million dollars, which included 5.4 million dollars of net revenues from Pura Vida. Excluding Pura Vida, Vera Bradley net revenues of 114.4 million dollars, rose 0.7 percent over the prior year second quarter, below the company’s guidance range of 115 to 120...

Fashion

Vera Bradley and Crocs to launch a line of footwear

Crocs has unveiled another designer collaboration. The American footwear brand has launched a collection of limited edition styles designer in partnership with women's apparel and lifestyle brand Vera Bradley. The collaborative line brings together three signature Vera Bradley design patterns with four iconic silhouettes of Crocs' shoes,...

Business

Vera Bradley surpasses Q4 earnings expectations

Net revenues at Vera Bradley totalled 118.2 million dollars for the fourth quarter ended February 2, 2019 compared to 132 million dollars in the prior year fourth quarter. The company said, revenues were at the high end of its guidance range of 114 to 119 million dollars. The company posted net income of 8.6 million dollars or 25 cents per...

Business

Vera Bradley reports Q3 revenues at low end of its guidance

Net revenues at Vera Bradley totalled 97.7 million dollars for the current year third quarter ended November 3, 2018 compared to 114.1 million dollars in the prior year third quarter. The company said, revenues were at the low end of the company’s guidance range of 98 million dollars to 103 million dollars. The company posted net income of 4.2...

Fashion Featured

Vera Bradley partners with Blessings in a Backpack

Vera Bradley has announced its continued partnership with the non-profit organization Blessings in a Backpack for a new philanthropic program for this year's back-to-school season. Blessings in a Backpack mobilizes communities, individuals, and resources to provide food for elementary school children across America who might otherwise go hungry....

BusinessFeatured

Vera Bradley Q1 net revenues down but net loss narrows to 1.4 mn dollars

Vera Bradley, Inc., for the fiscal first quarter ended May 5, 2018 reported net revenues of 86.6 million dollars compared to 96.1 million dollars for the prior year first quarter ended April 29, 2017. The company said, revenues were in line with the company’s guidance range of 84 million to 89 million dollars. The company posted a net loss of...

Business

Vera Bradley Q4 earnings increase to 3.5 mn dollars

Net revenues totalled 132 million dollars for the current year fourth quarter ended February 3, 2018, compared to 134.8 million dollars in the prior year fourth quarter ended January 28, 2017. The company posted net income of 8.5 million dollars or 0.24 dollar per diluted share for the quarter compared to 3.5 million dollars or 0.09 dollar per...