Vera Bradley (VRA) Tops Q2 EPS by 10c, Slight Beat on Revenues; Lifts FY19 EPS Guidance

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Go back to Vera Bradley (VRA) Tops Q2 EPS by 10c, Slight Beat on Revenues; Lifts FY19 EPS Guidance

Vera Bradley (VRA) PT Raised to $18 at Cowen

September 6, 2018 8:24 AM EDT

Cowen analyst Oliver Chen raised the price target on Vera Bradley (NASDAQ: VRA) to $18.00 (from $13.00) while maintaining a Market Perform rating following results.

Chen said they were encouraged by +30% increase in full-price selling, gross margin expansion of ~160bps, inventory decline of -17%... More

Vera Bradley (VRA) Reports New Licensing Agreement for Bath Collection

September 5, 2018 8:34 AM EDT

Vera Bradley, Inc. (NASDAQ: VRA) today announced it has entered into a licensing agreement with Sunham Home Fashions (Sunham) for a Bath Collection launching in fall 2019.

Rob Wallstrom, Chief Executive Officer of Vera Bradley, noted, We are thrilled about our partnership with the experts at Sunham to create the Vera... More