UPDATE: Vera Bradley (VRA) Tops Q2 EPS by 1c; Comps Miss Views; Guides Q3, FY17 EPS Below Views
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Vera Bradley Announces Fiscal Second Quarter 2017 Results
September 1, 2016 8:02 AM EDTSecond quarter net revenues totaled $119.2 million
Gross profit rate expansion of 230 basis points
Second quarter net income of $5.1 million, or $0.14 per share
Company ended quarter with strong cash position and short-term investments of $85.5 million, no debt, and year-over-year inventories down 7.1%
Management narrows EPS guidance range for the fiscal year
FORT WAYNE, Ind., Sept. 01, 2016 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (Vera Bradley or the Company) today announced its financial results for the fiscal... More
Vera Bradley To Open Flagship Store In SoHo
August 31, 2016 12:00 PM EDTNEW YORK, Aug. 31, 2016 /PRNewswire/ --Â (NASDAQ: VRA) Vera Bradley, iconic accessories brand, today announced the opening of its first full line New York City flagship, in the fashionable downtown retail mecca of SoHo. The new 2,700 square-foot store will carry the complete Vera Bradley collection, including handbags, luggage and other travel items, accessories, eyewear, jewelry, fragrance and a growing family of thoughtful, solution based lifestyle items.... More
