Vera Bradley, Inc. reports developments tied to its branded consumer accessories business, including women’s handbags, luggage and travel items, fashion and home accessories, and gifts. The company organizes sales through Vera Bradley Direct, which includes full-line and outlet stores, e-commerce sites and its outlet sale, and Vera Bradley Indirect, which includes wholesale accounts, third-party e-commerce, liquidation channels and brand licensing royalties.
Recurring updates include quarterly and annual results, segment revenue trends, store and digital-commerce activity, product assortment changes, and brand-reset initiatives such as Project Sunshine. Company news also covers board composition, executive appointments, and actions affecting shareholder rights and other public-company governance controls.
Vera Bradley has launched a new holiday collection in collaboration with Peanuts, featuring limited-edition patterns that include 'Ski Slope Snoopy' and 'Snoopy Fair Isle.' Available in stores and online, the collection includes 71 styles priced from $14.95 to $150. It showcases the brand's new Recycled Cotton fabric and captures winter fun with Snoopy and Woodstock. Vera Bradley aims to bring joy to customers through this whimsical collaboration, which aligns with Peanuts' goal of partnering with imaginative brands.
Vera Bradley, Inc. (Nasdaq: VRA) will report its third-quarter financial results for the period ending October 30, 2021, at 8:00 a.m. ET on December 8, 2021. A conference call will follow at 9:30 a.m. ET to discuss these results. Interested parties can join via a live webcast on the company’s website or by dialing (800) 289-0571. A replay will be available until December 22, 2021.
Vera Bradley (NASDAQ: VRA) has partnered with Baddle Pickleball to launch a new line of designer pickleball paddles and covers featuring vibrant Vera Bradley prints. The collaboration includes two styles, 'Hope Blooms Pink' and 'Java Navy Camo,' which are tournament-approved and sold at a retail price of $150 for paddles and $30 for covers. This initiative is seen as a strategic entry into the growing pickleball market, which saw 4.2 million players in the U.S. by 2020. The products are available on the Baddle and Vera Bradley websites.
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Vera Bradley, Inc. (Nasdaq: VRA) has announced its participation in the CL King Virtual Best Ideas Conference on September 14, 2021. The presentation is set for 12:30 p.m. ET, and interested parties can access the audio webcast through a direct link. A replay will also be available on the company's Investor Relations website. Vera Bradley operates two lifestyle brands, Vera Bradley and Pura Vida, catering to multi-generational female customers with an emphasis on community and social consciousness.
Vera Bradley, Inc. (VRA) reported Q2 consolidated net revenues of $147.0 million, marking an 11.6% increase from the prior year. Net income reached $9.1 million, or $0.26 per diluted share. Non-GAAP net income was $9.5 million, or $0.28 per diluted share. The company maintains a strong balance sheet with over $76 million in cash and no debt. Management updated guidance for FY 2022, anticipating ongoing challenges in supply chain and advertising due to recent changes in Apple iOS, yet remains optimistic about the growth potential of its brands.
The Vera Bradley Foundation for Breast Cancer has updated its schedule for the annual fundraising event, the Vera Bradley Foundation for Breast Cancer Classic, set for September 17-20, 2021, in Fort Wayne, Indiana, due to COVID-19 concerns. Key modifications include the continuation of pickleball and golf tournaments with safety measures, but the Celebration Dinner has been canceled. The Silent Auction will now be held online. The Foundation emphasizes safety while still aiming to raise funds for breast cancer research, having contributed $36 million to date.
Vera Bradley, Inc. (Nasdaq: VRA) will report its second-quarter financial results for the period ending July 31, 2021, on September 1, 2021, at 8:00 a.m. Eastern Time. A conference call to discuss these results will follow at 9:30 a.m. Eastern Time, accessible via a live webcast on the company's Investor Relations website or by dialing (800) 289-0571 with access code 6656630. The replay will be available until September 15, 2021. Vera Bradley operates two brands, Vera Bradley and Pura Vida, focusing on lifestyle products designed for an emotionally connected female audience.
Vera Bradley (NASDAQ: VRA) announced a $100,000 donation to Blessings in a Backpack, enhancing its three-year partnership to combat childhood hunger. With 18 million children affected by food insecurity, this initiative is timely as schools reopen. Vera Bradley, known for its colorful and functional back-to-school essentials, continues to support community efforts through its VB Cares initiative, aiming to empower women and children. To date, the company has contributed over $750,000 to the nonprofit. Customers can shop for sustainable and stylish school items at VeraBradley.com.
Vera Bradley has launched The Disney Collection by Vera Bradley, now available in all Full Line Stores, select Factory locations, and online. This collection features the beloved Disney characters—Mickey, Minnie, Donald, Daisy, Goofy, and Pluto—adorned in vibrant designs. The debut follows a successful collaboration with Disney since 2013, enhancing brand visibility and relevance. The collection boasts 49 styles priced between $12 and $150, aiming to capture both Vera Bradley fans and Disney enthusiasts.