Vera Bradley, Inc., together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consisting of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags. It also provides home products that include throw blankets, beach towels, and comforters, as well as items, such as mugs and tumblers; apparel/footwear comprising sleepwear, footwear, cotton face masks, outerwear, socks, and scarves; and stationery and merchandising products, as well as freight, licensing, and gift card breakage services. The company sells its Vera Bradley branded products through its full-line and factory outlet stores in the United States; and verabradley.com, an online outlet site, as well as its annual outlet sale in Fort Wayne, Indiana. As of March 10, 2021, it operated 75 full-line and 69 factory outlet stores. The company sells its Pura Vida branded products through wholesale retailers, as well as through Pura Vida websites, including www.puravidabracelets.com, www.puravidabracelets.eu, and www.puravidabracelets.ca. It also sells its Vera Bradley branded products to approximately 2,000 specialty retail locations, department stores, national accounts, third party e-commerce sites, and third-party inventory liquidators, as well as through licensing agreements. Vera Bradley, Inc. was incorporated in 1982 and is headquartered in Roanoke, Indiana.
IPO Year: 2010
Exchange: NASDAQ
Website: verabradley.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/16/2022 | $8.00 | Outperform | Noble Capital Markets |
| 3/10/2022 | $11.00 → $9.00 | Market Perform | Telsey Advisory Group |
| 12/9/2021 | $12.00 → $11.00 | Market Perform | Telsey Advisory Group |
| 9/2/2021 | $13.00 → $12.00 | Market Perform | Telsey Advisory Group |
DEF 14A - Vera Bradley, Inc. (0001495320) (Filer)
8-K - Vera Bradley, Inc. (0001495320) (Filer)
8-K - Vera Bradley, Inc. (0001495320) (Filer)
10-K - Vera Bradley, Inc. (0001495320) (Filer)
8-K - Vera Bradley, Inc. (0001495320) (Filer)
8-K - Vera Bradley, Inc. (0001495320) (Filer)
SCHEDULE 13G/A - Vera Bradley, Inc. (0001495320) (Subject)
8-K - Vera Bradley, Inc. (0001495320) (Filer)
SCHEDULE 13G/A - Vera Bradley, Inc. (0001495320) (Subject)
10-Q - Vera Bradley, Inc. (0001495320) (Filer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
4 - Vera Bradley, Inc. (0001495320) (Issuer)
Noble Capital Markets initiated coverage of Vera Bradley with a rating of Outperform and set a new price target of $8.00
Telsey Advisory Group reiterated coverage of Vera Bradley with a rating of Market Perform and set a new price target of $9.00 from $11.00 previously
Telsey Advisory Group reiterated coverage of Vera Bradley with a rating of Market Perform and set a new price target of $11.00 from $12.00 previously
Telsey Advisory Group reiterated coverage of Vera Bradley with a rating of Market Perform and set a new price target of $12.00 from $13.00 previously
Telsey Advisory Group reiterated coverage of Vera Bradley with a rating of Market Perform and set a new price target of $13.00 from $12.00 previously
Small Cap Consumer Research reiterated coverage of Vera Bradley with a rating of Buy and set a new price target of $18.00 from $16.00 previously
Cowen downgraded Vera Bradley from Outperform to Market Perform and set a new price target of $12.00
Cowen reiterated coverage of Vera Bradley with a rating of Outperform and set a new price target of $12.00 from $9.00 previously
Telsey Advisory Group resumed coverage of Vera Bradley with a rating of Market Perform
FORT WAYNE, Ind., April 18, 2025 (GLOBE NEWSWIRE) -- Vera Bradley (NASDAQ:VRA) (the "Company") today announced that long-time board member Frances P. Philip will not stand for re-election at the upcoming 2025 Shareholder Meeting. Ms. Philip joined the Company's Board in 2011 and has served as a member on both the Talent and Compensation Committee, as well as the Nominating, Governance and Sustainability Committee during her tenure. Ms. Philip has served as the Lead Independent Director since 2022, overseeing the Company's business with insights stemming from the extensive product development, branding, marketing, and retail experience she possesses. Robert Hall, Chairman of the Vera Brad
FORT WAYNE, Ind., March 14, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) has announced that its co-founder Barbara Baekgaard, will not stand for re-election at the upcoming shareholders meeting and will instead transition to a Director Emeritus role. While she will be stepping back from official board duties, Baekgaard will continue to remain involved in the Company she co-founded and the Vera Bradley brand transformation. Baekgaard's influence on Vera Bradley has been immeasurable. From launching the brand in 1982 with Patricia Miller to growing it into a beloved lifestyle company recognized for its vibrant, handcrafted patterns and innovative designs, she has played a pivota
Consolidated net revenues totaled $372.0 million for the fiscal year Financial condition remains strong with no debt and approximately $30 million in cash Management provides guidance for fiscal year 2026 Outlook anticipates fiscal 2026 year-end cash balance increasing to approximately $40 million FORT WAYNE, Ind., March 12, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced its financial results for the fourth quarter and fiscal year ended February 1, 2025 ("Fiscal 2025"). In this release, Vera Bradley, Inc. or "the Company" refers to the entire enterprise and includes both the Vera Bradley and Pura Vida brands. Vera Bradley on a stand-
FORT WAYNE, Ind., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that it plans to report results for the fourth quarter and fiscal year ended February 1, 2025 at 8:00 a.m. Eastern Time on Wednesday, March 12, 2025. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company's website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779. A replay will be available shortly after the conclusion of the call and remain available through
FORT WAYNE, Ind., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") and its iconic American bag and luggage lifestyle brand, Vera Bradley, today announced the launch of ticket sales for the 2025 Vera Bradley Annual Outlet Sale (the "Sale"), to be held at the Allen County War Memorial Coliseum in Fort Wayne, Ind. from April 30 – May 4, 2025. Tickets, which are required to shop the Sale from April 30 to May 2, are $6 each (plus applicable fees). Ticketed shopping sessions allow sale-goers to take advantage of the best selection of Vera Bradley handbags, travel items, accessories, stationery and luggage in a variety of current and retired patterns, along with
FORT WAYNE, Ind., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vera Bradley (NASDAQ:VRA) (the "Company") today announced the appointment of Andrew Meslow, former CEO of L Brands and Bath and Body Works, to the Company's Board of Directors (the "Board"). Mr. Meslow joins the Board most recently from L Brands and Bath and Body Works, where he was CEO. Prior to becoming CEO, Andrew held the role of COO at Bath & Body Works, leading several functional areas of the business, including finance, merchandise planning, store operations and the direct channel. He joined L Brands in 2003, working in roles at Victoria's Secret and the corporate group before moving to Bath & Body Works in 2005 as executive vice
Believes Vera Bradley's Iconic Brand is Highly Valuable and That Value Is Not Reflected in Today's Share Price Contends Vera Bradley Will Be Best Equipped to Focus on Brand Revival and Operational Improvements Under a Larger Organization or In the Private Markets Pleased to Hear All Options Are on the Table to Maximize Shareholder Value Fund 1 Investments LLC (together with its affiliates, "Fund 1") is the largest shareholder of Vera Bradley, Inc. (NASDAQ:VRA) ("Vera Bradley" or the "Company"), beneficially owning 10.0% of the Company's outstanding shares and having economic exposure of 20.0% of the outstanding shares. Today, Fund 1 sent the below letter to the Company's Board of Dire
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. In this release, Vera Bradley, Inc. or "the Compan
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. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company's website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779. A replay will be available shortly after the conclusion of the call and remain available through
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. "We are pleased to welcome Ian to our Board," said Jacqueline Ardrey, President & CEO of Vera Bradley and an executive member of the Company's Board. "Ian's deep, decades-long executive and public company leadership experience at global fashion lifestyle and luxury brands will be invaluable to Vera Bradley as we continue to execute our strategy to build long-term value for our shareholders." Mr. Bickley served as a key architect and leader at Tapestry, Inc. (
Consolidated net revenues totaled $372.0 million for the fiscal year Financial condition remains strong with no debt and approximately $30 million in cash Management provides guidance for fiscal year 2026 Outlook anticipates fiscal 2026 year-end cash balance increasing to approximately $40 million FORT WAYNE, Ind., March 12, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced its financial results for the fourth quarter and fiscal year ended February 1, 2025 ("Fiscal 2025"). In this release, Vera Bradley, Inc. or "the Company" refers to the entire enterprise and includes both the Vera Bradley and Pura Vida brands. Vera Bradley on a stand-
FORT WAYNE, Ind., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that it plans to report results for the fourth quarter and fiscal year ended February 1, 2025 at 8:00 a.m. Eastern Time on Wednesday, March 12, 2025. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company's website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779. A replay will be available shortly after the conclusion of the call and remain available through
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. In this release, Vera Bradley, Inc. or "the Compan
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. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company's website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779. A replay will be available shortly after the conclusion of the call and remain available through
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. The Rights Plan is similar to plans adopted by other public companies and is designed to ensure that all the Company's shareholders have the opportunity to realize the long-term value of their investment in the Company and to guard against abusive tactics so that no person, entity or group can gain a control or control-like position in the Compan
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. In this release, Vera Bradley, Inc. or "the Company" refers to the entire enterprise and includes both the Vera Bradley and Pura Vida brands
FORT WAYNE, Ind., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that it plans to report results for the second quarter of the fiscal year ending August 3, 2025 at 8:00 a.m. Eastern Time on Wednesday, September 11, 2024. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company's website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779, and enter the access code 13742955. A replay will be available shortly after the conclusion of the
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
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. Eastern Time on Wednesday, June 12, 2024. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company's website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779, and enter the access code 13742954. A replay will be available shortly after the conclusion of the call
Consolidated net revenues totaled $470.8 million for the fiscal year, compared to $500.0 million last year Net income totaled $7.8 million, or $0.25 per diluted share, for the fiscal year, compared to a net loss of ($59.7) million, or ($1.90) per diluted share, last year Non-GAAP net income totaled $17.2 million, or $0.55 per diluted share, for the fiscal year, compared to a net loss of ($3.2) million, or ($0.10) per diluted share, last year Strong balance sheet, with cash and cash equivalents of $77.3 million, no debt, and year-over-year inventories down nearly 17% Management provides guidance for fiscal year ending February 1, 2025 FORT WAYNE, Ind., March 13, 2024 (GLOBE
FORT WAYNE, Ind., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") and its iconic American bag and luggage lifestyle brand, Vera Bradley, today announced the launch of ticket sales for the 2025 Vera Bradley Annual Outlet Sale (the "Sale"), to be held at the Allen County War Memorial Coliseum in Fort Wayne, Ind. from April 30 – May 4, 2025. Tickets, which are required to shop the Sale from April 30 to May 2, are $6 each (plus applicable fees). Ticketed shopping sessions allow sale-goers to take advantage of the best selection of Vera Bradley handbags, travel items, accessories, stationery and luggage in a variety of current and retired patterns, along with
FORT WAYNE, Ind., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vera Bradley (NASDAQ:VRA) (the "Company") today announced the appointment of Andrew Meslow, former CEO of L Brands and Bath and Body Works, to the Company's Board of Directors (the "Board"). Mr. Meslow joins the Board most recently from L Brands and Bath and Body Works, where he was CEO. Prior to becoming CEO, Andrew held the role of COO at Bath & Body Works, leading several functional areas of the business, including finance, merchandise planning, store operations and the direct channel. He joined L Brands in 2003, working in roles at Victoria's Secret and the corporate group before moving to Bath & Body Works in 2005 as executive vice
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. "We are pleased to welcome Ian to our Board," said Jacqueline Ardrey, President & CEO of Vera Bradley and an executive member of the Company's Board. "Ian's deep, decades-long executive and public company leadership experience at global fashion lifestyle and luxury brands will be invaluable to Vera Bradley as we continue to execute our strategy to build long-term value for our shareholders." Mr. Bickley served as a key architect and leader at Tapestry, Inc. (
FORT WAYNE, Ind., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") and its iconic American bag and luggage lifestyle brand, Vera Bradley, today announced the launch of ticket sales for the 2024 Vera Bradley Annual Outlet Sale (the "Sale"), to be held at the Allen County War Memorial Coliseum in Fort Wayne, Ind. from May 1 – May 5, 2024. Tickets, which are required to shop the Sale from May 1 to May 3, are $6 each (plus Ticketmaster fees). Ticketed shopping sessions allow sale-goers to take advantage of the best selection of Vera Bradley handbags, travel items, accessories, stationery and luggage in a variety of current and retired patterns, along with brac
FORT WAYNE, Ind., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that Jessica Rodriguez, media business executive and former President of Entertainment and Chief Brand Officer for Univision Communications, Inc., has been elected to join its Board of Directors. With this appointment, representation of women on the Vera Bradley, Inc. Board of Directors will be 78%. "Jessica Rodriguez brings a wealth of experience, supported by an exceptional record of driving innovation and executing future-focused, transformational strategies that deliver value and profitability in a rapidly changing business environment," commented Jackie Ardrey, Chief Ex
FORT WAYNE, Ind., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that Bradley ("Brad") Weston, seasoned retail executive and former Chief Executive Officer of Party City Holdings, Inc., has been nominated to join its Board of Directors. "We are so pleased to welcome Brad Weston as the newest member of the Vera Bradley, Inc. Board of Directors," commented Jackie Ardrey, Chief Executive Officer of the Company. "As we continue to make progress on Project Restoration, our strategic plan to drive long-term profitable growth and deliver value to our shareholders, Brad's wealth of omnichannel retail experience, strong merchandising background, a
Retirement of President and CEO Robert Wallstrom planned at end of 2022; search for new CEO underway Company also solidifies annual cost reduction initiatives totaling $25 million FORT WAYNE, Ind., July 21, 2022 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced the planned retirement of President and Chief Executive Officer Robert Wallstrom. Wallstrom will remain President and CEO until a successor is named, which is expected by the beginning of 2023. Wallstrom will work with the Board of Directors in their national search for his successor. Wallstrom has led Vera Bradley, Inc. as President and Chief Executive Officer since 2013, executing the Compa
New board member appointments poise Munchkin for financial growth across digital platforms. LOS ANGELES, March 22, 2022 /PRNewswire/ -- Munchkin, Inc. today announced the appointment of two new board members, Kristina Cashman and Alan Wizemann, bringing the total number of Munchkin board directors to five. Cashman and Wizemann fill key consultancy roles on Munchkin's board in the fields of finance and e-commerce, respectively. Their appointments and decades of expert knowledge will bolster the board's focus on the sustained, long-term growth of Munchkin with an emphasis on di
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