Edition:
United Kingdom

Vera Bradley Inc (VRA.OQ)

VRA.OQ on NASDAQ Stock Exchange Global Select Market

11.85USD
6:34pm GMT
Change (% chg)

$-0.10 (-0.84%)
Prev Close
$11.95
Open
$11.95
Day's High
$12.01
Day's Low
$11.73
Volume
69,995
Avg. Vol
115,005
52-wk High
$12.84
52-wk Low
$6.99

Latest Key Developments (Source: Significant Developments)

Vera Bradley Q3 GAAP Earnings Per Share $0.01
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Vera Bradley Inc ::VERA BRADLEY ANNOUNCES FISCAL THIRD QUARTER 2018 RESULTS.Q3 GAAP EARNINGS PER SHARE $0.01.Q3 EARNINGS PER SHARE VIEW $0.14 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 EARNINGS PER SHARE $0.30 TO $0.33.Q3 NON-GAAP EARNINGS PER SHARE $0.23 EXCLUDING ITEMS.Q3 REVENUE $114.1 MILLION VERSUS I/B/E/S VIEW $114.6 MILLION.SEES Q4 NET REVENUES OF $127 MILLION TO $132 MILLION.SEES FISCAL 2018 NET REVENUES $450 MILLION TO $455 MILLION.- COMPARABLE SALES, INCLUDING E-COMMERCE, DECREASED 7.4% FOR QUARTER.SEES FISCAL 2018 DILUTED EARNINGS PER SHARE OF $0.57 TO $0.60.Q4 EARNINGS PER SHARE VIEW $0.30, REVENUE VIEW $138.7 MILLION -- THOMSON REUTERS I/B/E/S.FY EARNINGS PER SHARE VIEW $0.47, REVENUE VIEW $461.5 MILLION -- THOMSON REUTERS I/B/E/S.VERA BRADLEY - EXPECT TO REDUCE ANNUAL NET SG&A SPENDING BY UP TO $30 MILLION FROM BASELINE FISCAL 2017 LEVEL.- Q3 RESULTS INCLUDED $7.9 MILLION OF AFTER-TAX CHARGES.VERA BRADLEY - TO REDUCE ANNUAL NET SG&A SPENDING BY "RIGHT-SIZING" CO TO "BETTER ALIGN WITH REDUCED SIZE OF BUSINESS".  Full Article

Vera Bradley CFO Kevin Sierks to leave company on March 31, 2017
Friday, 10 Feb 2017 

Vera Bradley Inc : Vera Bradley Inc - Kevin Sierks, executive vice president and chief financial officer of Vera Bradley, will be leaving company on March 31, 2017 . Vera Bradley Inc - John Enwright, vice president of financial planning and analysis, will assume position of interim chief financial officer .Vera Bradley - search is underway for permanent CFO position, and both internal and external candidates will be considered - SEC filing.  Full Article

Vera Bradley delays conversion of verabradley.com to new platform
Wednesday, 12 Oct 2016 

Vera Bradley Inc : Has delayed October 2016 planned conversion of its digital flagship, verabradley.com, to a new platform . Conversion delay could impact company's ability to generate positive comparable store sales in Q4 of fiscal 2017 . Does not expect delay to have a material impact on diluted earnings per share for Q4 or fiscal year ended January 28, 2017 . Because of upcoming holiday season, digital flagship conversion will now be launched in Q1 of fiscal 2018 . Postponement of verabradley.com to new platform is related to delays in completing integration of new website platform with existing systems .Contributing factor to delay in planned conversion of its digital flagship is data security issue.  Full Article

Vera Bradley says FBI notified co of data breach, number of cards affected unknown
Wednesday, 12 Oct 2016 

Vera Bradley Inc : Company does not know exact number of cards affected by hack at this time - spokeswoman . FBI notified company of hack on sept 15 - spokeswoman . Company working with computer security firm Mandiant to investigate data breach- spokeswoman Further company coverage: [VRA.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Vera Bradley reports licensing agreements in stationery and publishing
Thursday, 1 Sep 2016 

Vera Bradley Inc : Vera Bradley announces licensing agreements in stationery and publishing . Says entered into an arrangement with lifeguard press for signature stationery and home and office organizational products . Says will transition from an internally-managed program and will introduce expanded line of products in fall 2017 . Expect to announce additional licensing agreements in future . Says also entered into a licensing agreement with fox chapel publishing for coloring activity and design books and gift sets .Does not expect licensing deals to have material impact on financial performance for fiscal years ending Jan. 28, 2017 & Feb. 3, 2018.  Full Article

Vera Bradley reports Q2 earnings per share $0.14
Thursday, 1 Sep 2016 

Vera Bradley Inc : Vera Bradley announces fiscal second quarter 2017 results . Q2 earnings per share $0.14 . Q2 revenue $119.2 million versus $120.7 million . Sees fiscal year 2017 net revenue of $510 million to $515 million . Management narrows EPS guidance range for fiscal year . Comparable sales (including e-commerce) decreased 5.7% for quarter . Sees Q3 net revenues of $128 million to $133 million . Inventory of $95 million to $100 million at end of Q3, compared to $118.2 million at end of last year's Q3 . Sees Q3 diluted earnings per share of $0.22 to $0.24 . Sees 2017 diluted earnings per share (including Q2 impairment charges) of $0.88 to $0.92 . Says "comparable sales were negatively impacted by year-over-year declines in store and e-commerce traffic" . Sees fiscal 2017 net capital spending of approximately $20.0 million compared to $26.3 million in prior year . Sees fiscal year 2017 diluted earnings per share of $0.88 to $0.92 . FY 2017 earnings per share view $0.93, revenue view $512.9 million -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.13, revenue view $118.7 million -- Thomson Reuters I/B/E/S .Q3 earnings per share view $0.28, revenue view $129.7 million -- Thomson Reuters I/B/E/S.  Full Article

Vera Bradley Inc says Q1 revenue rose 4 pct to $105.2 million
Wednesday, 1 Jun 2016 

Vera Bradley Inc : Vera bradley announces fiscal first quarter 2017 results . Q1 revenue rose 4 percent to $105.2 million . Sees q2 revenue $118 million to $123 million . Reiterates eps guidance for fiscal year . Q1 same store sales fell 6.7 percent . Sees fy 2017 revenue $510 million to $520 million . Vera bradley inc sees net capital spending of approximately $20.0 million for 2017 . Vera bradley inc sees 2017 gross profit percentage of 57.7% to 58.2% . Q1 earnings per share view $0.05, revenue view $106.7 million -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $0.95, revenue view $516.9 million -- Thomson Reuters I/B/E/S . Vera bradley inc sees 2017 diluted earnings per share of $0.90 to $0.98 . Vera bradley inc sees inventory of $105 million to $110 million at end of q2 . Vera bradley inc sees q2 gross profit percentage of 58.0% to 58.5% . Q2 earnings per share view $0.18, revenue view $122.9 million -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.06 .Sees q2 2017 earnings per share $0.13 to $0.15.  Full Article

BRIEF-Vera Bradley Q3 GAAP Earnings Per Share $0.01

* Q3 EARNINGS PER SHARE VIEW $0.14 -- THOMSON REUTERS I/B/E/S