Vera Bradley Announces Fiscal Third Quarter 2017 Results

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Vera Bradley (VRA) Tops Q3 EPS by 1c; Offers Light Q4 Outlook; Enters New Licensing Agreements

December 7, 2016 8:03 AM EST

Vera Bradley (Nasdaq: VRA) reported Q3 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $126.7 million versus the consensus estimate of $129.55 million.

Vera Bradley also announced it has entered into three additional licensing agreements in the areas of home, hosiery, and swim. The Company previously announced licensing arrangements for stationery and publishing.

Rob Wallstrom, Chief Executive Officer of Vera Bradley, noted, We are excited about the expansion of our... More