Vera Bradley Names Theresa Palermo EVP, Chief Marketing Officer

Jefferies Cuts Price Target on Vera Bradley (VRA) as Management Faces Uphill Battle

Jefferies maintains a Buy rating on Vera Bradley (NASDAQ: VRA), and cuts the price target to $18.00 (from $23.00) as trends remain challenging for VRA. Analyst Randal Konik believes that management is taking the right steps, but is facing an uphill battle.

Konik commented, "Clearly... More

Sterne Agee CRT Cuts Price Target on Vera Bradley (VRA) After Q1 EPS Miss

Sterne Agee CRT maintains an Underperform rating on Vera Bradley (NASDAQ: VRA), and cuts the price target to $10.00 (from $12.00), following Q1.VRA reported break even EPS in Q1 (below $0.03 estimates). Retail comps were reported at -16.9% (below estimates of -12.4%).

Analyst Ike Boruchow commented, "The turnaround efforts at VRA are struggling to gain traction, as the... More

Vera Bradley (VRA) Misses Q1 EPS by 2c; Trims FY16 EPS, Revenue Outlook

Vera Bradley (NASDAQ: VRA) reported Q1 EPS of $0.00, $0.02 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $101.1 million versus the consensus estimate of $105.48 million.

Comments on the Quarter and Looking Ahead

Robert Wallstrom, Chief Executive Officer, noted, "Excluding the previously outlined charges, we achieved first quarter diluted EPS at the low end of our guidance. Reduced promotional activity led to... More

Vera Bradley (VRA) Taps Fossil's (FOSL) Palermo as Marketing Chief

Vera Bradley (NASDAQ: VRA) announced that Theresa Palermo has been named Executive Vice President, Chief Marketing Officer. She will join the Company on June 22, 2015.

Since 2013 Palermo has served as Vice President, Global Marketing and Public Relations for Fossil Group (Nasdaq: FOSL), where she successfully created and executed... More