Vera Bradley Stock Price, News & Analysis

Vera Bradley, Inc. reported third quarter net revenues of $134.7 million, a 7.9% increase from the prior year. Net income reached $5.8 million or $0.17 per diluted share, with non-GAAP net income at $6.2 million or $0.18. Year-to-date diluted EPS rose to $0.37, significantly up from $0.02 last year. Strong performance was noted in both Vera Bradley and Pura Vida brands, despite supply chain challenges and increasing freight costs impacting gross margins. The company maintains a robust balance sheet with over $75 million in cash and no debt.

Vera Bradley has launched a limited-edition Harry Potter™ + Vera Bradley Luna’s Medallion collection, inspired by fan-favorite character Luna Lovegood. Available exclusively on verabradley.com and at Harry Potter New York, the collection features 16 styles priced from $19.99 to $135, including popular items like the Plush Throw Blanket and Large Travel Duffel. The release aims to celebrate the holiday season and enrich the shopping experience for fans of both brands.

Vera Bradley, a leading accessories and lifestyle company, has been awarded the 2021 BBB Torch Award for Marketplace Ethics by the Better Business Bureau Serving Northern Indiana. This recognition highlights the company’s commitment to ethical business practices, community involvement, and its core values of community, kindness, and integrity. Vera Bradley's Brand President, Daren Hull, expressed gratitude for this honor, emphasizing the company’s dedication to making a positive impact. The BBB Torch Awards recognize exceptional organizations for their integrity and ethical operations.

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.

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.