Vera Bradley (VRA) Reports In-Line Q4 EPS; Guides Q1, FY17

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Vera Bradley to Open Flagship Store in SoHo

March 9, 2016 8:05 AM EST

FORT WAYNE, Ind., March 09, 2016 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (Vera Bradley or the Company) today announced its plans to open a flagship store in the SoHo Historic District in Manhattan.  The location is scheduled to open in September 2016.

The beautiful two-story 5,700 square foot space will undergo a complete renovation, bringing to life the brands rich heritage through a fresh, modern lens, while respecting the style and traditions of the historic streets of the SoHo neighborhood. 

Robert Wallstrom, Chief Executive Officer of Vera Bradley, noted, We have been... More

Vera Bradley Announces Fourth Quarter and Fiscal Year 2016 Results

March 9, 2016 8:02 AM EST

Fourth quarter net revenues increased 1.0% to $154.1 million

Fourth quarter net income totaled $15.7 million, or $0.41 per diluted share

Company ends fiscal year with strong cash position of $97.7 million and no debt

FORT WAYNE, Ind., March 09, 2016 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (Vera Bradley or the Company) today announced its financial results for the fourth quarter and fiscal year ended January 30, 2016 (fiscal 2016).

Summary of Fourth Quarter Financial Performance

... More