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 |
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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., 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
FORT WAYNE, Ind., Sept. 15, 2024 (GLOBE NEWSWIRE) -- The Vera Bradley Foundation for Breast Cancer (the "Foundation") today announced a donation of $1,601,830 to support the Vera Bradley Foundation Center for Breast Cancer Research at the Indiana University School of Medicine ("IU School of Medicine"). With this gift, the Foundation's cumulative contributions to breast cancer research now stand at $41.7 million. The Foundation's donation announcement was shared at its Foundation Celebration, part of the 30th annual Vera Bradley Foundation for Breast Cancer Classic. The multi-day Classic, held in Vera Bradley's hometown of Fort Wayne, Indiana, brings hundreds of participants, sponsors, and
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., June 10, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that Chief Executive Officer Jackie Ardrey and Chief Financial Officer Michael Schwindle will present at the SHARE Series hybrid investor event hosted at the New York Stock Exchange on Friday, June 14th, 2024 at 9:35 ET. The mission of SHARE Series is to democratize shareholder access by giving individual investors access to company management in a virtual fireside chat format. The presentation will be live on the SHARE platform. Interested attendees can register and attend for free at https://share-series.open-exchange.net. A replay will be available on the SHARE Series we
Vera Bradley, Inc. invites individual and institutional investors, as well as advisors and analysts, to attend online at https://bit.ly/3KnsHUp FORT WAYNE, Ind., May 28, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that Chief Executive Officer Jackie Ardrey and Chief Financial Officer Michael Schwindle will present at Water Tower Research's ("WTR") inaugural Consumer Products Virtual Investor Conference on Wednesday, June 5 at 11:15 a.m. ET. Event:WTR Consumer Products Virtual Investor Conference Date:June 5 and June 6, 2024 Company Presentation:June 5, 2024 at 11:15 a.m. ET Location:https://bit.ly/3KnsHUp The conference will showcase two d
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
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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
Small Cap Consumer Research analyst Eric Beder reiterates Vera Bradley (NASDAQ:VRA) with a Buy and maintains $10 price target.
Analysts' ratings for Vera Bradley (NASDAQ:VRA) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 3 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have set 12-month price targets for Vera Bradley, revealing an average target of $10.0, a high estimate of $10.00, and a low estimate of $10.00. Consistency is reflected as the current average remains at the same l
Small Cap Consumer Research analyst Eric Beder reiterates Vera Bradley (NASDAQ:VRA) with a Buy and maintains $10 price target.
Vera Bradley (NASDAQ:VRA) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 3 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have recently evaluated Vera Bradley and provided 12-month price targets. The average target is $10.0, accompanied by a high estimate of $10.00 and a low estimate of $10.00. No alteration is observed as the current average
Small Cap Consumer Research analyst Eric Beder reiterates Vera Bradley (NASDAQ:VRA) with a Buy and maintains $10 price target.
Small Cap Consumer Research analyst Eric Beder reiterates Vera Bradley (NASDAQ:VRA) with a Buy and maintains $10 price target.
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Wednesday. U.S. stocks settled mixed on Wednesday, with the S&P 500 settling above the 5,400 level for the first time following the release of inflation data and the Federal Reserve's latest interest-rate decision. The annual CPI inflation rate fell from 3.4% to 3.3% in May, below than the median economist projection of 3.4%. According to Econoday, the economist consensus ranged from 3.3% to 3.5%. The Federal Reserve decided to keep interest rates unchanged within the 5.25-5.50% range for the seventh consecutive meeting on Wednesday, as widely
Small Cap Consumer Research analyst Eric Beder maintains Vera Bradley (NASDAQ:VRA) with a Buy and maintains $10 price target.
U.S. stocks traded higher toward the end of trading, with the S&P 500 surging around 1% on Wednesday. The Dow traded up 0.06% to 38,771.21 while the NASDAQ rose 1.77% to 17,651.35. The S&P 500 also rose, gaining, 1.03% to 5,430.69. Check This Out: General Motors, Toll Brothers And 2 Other Stocks Insiders Are Selling Leading and Lagging SectorsInformation technology shares jumped by 3% on Wednesday. In trading on Wednesday, consumer staples shares fell by 1%. Top Headline The EIA said stocks of crude oil in the U.S. climbed by 3.730 million barrels in the week ending June 7, versus market expectations for a 1.55 million barrels decline. Equities Trading UP
Shares of Streamline Health Solutions, Inc. (NASDAQ:STRM) fell sharply during Wednesday's session after the company reported worse-than-expected first-quarter EPS results. Streamline Health reported quarterly losses of 5 cents per share which missed the analyst consensus estimate of 4 cents per share. The company reported quarterly sales of $4.33 million which beat the analyst consensus estimate of $4.31 million, according to data from Benzinga Pro. Streamline Health Solutions shares dipped 23.3% to $0.4902 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers DDC Enterprise Limited (NYSE:DDC) surged 101% to $1.04. DDC Enterprise said it has acqu
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. 08, 2024 (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 3, 2024 at 8:00 a.m. Eastern Time on Wednesday, March 13, 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 13742953. A replay will be available shortly after the conclusion of the call
Consolidated net revenues totaled $115.0 million Net income totaled $5.1 million, or $0.16 per diluted share; non-GAAP net income totaled $6.1 million, or $0.19 per diluted share Balance sheet strengthens, with cash and cash equivalents of $52.3 million, no debt, and year-over-year inventories down 27.6% FORT WAYNE, Ind., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) today announced its financial results for the third quarter and nine months ended October 28, 2023. 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-alone basis refers to the Vera Bradl
FORT WAYNE, Ind., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) (the "Company") today announced that it plans to report results for the third quarter ended October 28, 2023 at 8:00 a.m. Eastern Time on Wednesday, December 6, 2023. 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 (888) 204-4368, and enter the access code 7089328. A replay will be available shortly after the conclusion of the call and remain ava
Consolidated net revenues totaled $128.2 million Net income totaled $9.3 million, or $0.30 per diluted share; non-GAAP net income totaled $10.2 million, or $0.33 per diluted share Balance sheet strengthens, with cash and cash equivalents of $48.5 million, no debt, and year-over-year inventories down 22.4% FORT WAYNE, Ind., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ:VRA) today announced its financial results for the second quarter and six months ended July 29, 2023. 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-alone basis refers to the Vera Bradley
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