Daniel Harriman

Eric Beder

Doug Lane

Douglas Lane

- Vera Bradley reported **revenues of $70.9 million** for the second quarter of fiscal 2026, representing a **25% decline** compared to the prior year, and a **net loss from continuing operations of -$0.5 million**, or **-$0.02 per diluted share**.  **[1495320_2138339_2]** **[1495320_2138339_5]** 
- The company is implementing **five key strategic initiatives** to revitalize its market position, which include sharpening its brand focus, developing a cohesive omnichannel strategy, updating its outlet strategy (Outlet 2.0), improving its operating model, and reimagining its organizational structure.  **[1495320_2138339_2]** **[1495320_2138339_3]** **[1495320_2138339_4]** 
- Vera Bradley observed **sequential improvement** in comparable store sales across its store fleet and VB.com during each month of the second quarter, and also noted sequential gross margin improvement.  **[1495320_2138339_2]** **[1495320_2138339_5]** 
- The company is **not providing guidance** for the current period due to its ongoing transformation journey and the dynamic consumer environment.  **[1495320_2138339_6]**

Vera Bradley Reports Q2 2026 Results and Outlines Strategic Initiatives

- Vera Bradley reported **Q2 FY2026** revenues of **$70.9 million**, a **25%** decline year-over-year, resulting in a net loss from continuing operations of **-$0.5 million** or **-$0.02 per diluted share**.  **[1495320_2138366_2]** **[1495320_2138366_5]** 
- The company is implementing **five key strategic initiatives** to revitalize its market position, including sharpening brand focus, developing a cohesive omnichannel strategy, and updating its outlet strategy (Outlet 2.0).  **[1495320_2138366_2]** **[1495320_2138366_3]** **[1495320_2138366_4]** 
- Despite the revenue decline, Vera Bradley noted sequential improvements in comparable store sales across its store fleet and VB.com, and in gross margin.  **[1495320_2138366_2]** **[1495320_2138366_5]** 
- The company is not providing guidance for the current period due to its transformation journey and the dynamic consumer environment, and estimates an annualized impact of **$11 million** from tariffs.  **[1495320_2138366_6]**

Vera Bradley Reports Q2 2026 Results Amidst Transformation Initiatives

- Vera Bradley reported **Q2 2026 revenues of $70.9 million**, a **25% decline** from the prior year, resulting in a **net loss of -$0.5 million** or **-$0.02 per diluted share**.  **[1495320_2138390_2]** **[1495320_2138390_5]** 
- Despite the year-over-year revenue decline, the company noted **sequential improvement** in comparable store sales across its store fleet and VB.com during Q2.  **[1495320_2138390_2]** 
- The company is implementing a **comprehensive strategy** to revitalize its market position, centered on **five key strategic initiatives** including sharpening brand focus and improving its operating model.  **[1495320_2138390_1]** **[1495320_2138390_2]** **[1495320_2138390_3]** **[1495320_2138390_4]** 
- Vera Bradley's inventory decreased **13.2%** to **$96.7 million** compared to the prior year, and it ended the quarter with **$15.2 million** in cash and **$10 million** in borrowings.  **[1495320_2138390_5]** 
- The company is **not providing guidance** for the full fiscal year due to its ongoing transformation and the dynamic consumer environment.  **[1495320_2138390_6]**

Vera Bradley Reports Q2 2026 Financial Results and Outlines Strategic Initiatives

- Vera Bradley, Inc. reported consolidated net revenues of **$70.9 million** for Q2 Fiscal Year 2026, a decrease from **$94.0 million** in the prior year's second quarter.  **[1495320_0001495320-25-000071_ex-99120250802.htm:0]** **[1495320_0001495320-25-000071_ex-99120250802.htm:7]** 
- The company recorded a **net loss from continuing operations of ($4.7) million**, or **($0.17) per diluted share**, for Q2 Fiscal Year 2026, compared to a net income of **$7.5 million**, or **$0.25 per diluted share**, in the prior year period.  **[1495320_0001495320-25-000071_ex-99120250802.htm:0]** **[1495320_0001495320-25-000071_ex-99120250802.htm:7]** 
- Both the Direct and Indirect segments experienced significant revenue declines, with Direct segment revenues decreasing **16.2%** to **$60.5 million** and Indirect segment revenues falling **52.5%** to **$10.3 million** compared to the prior year.  **[1495320_0001495320-25-000071_ex-99120250802.htm:2]** 
- Cash and cash equivalents decreased to **$15.2 million** as of August 2, 2025, from **$29.3 million** in the prior year, and the company had **$10.0 million** in borrowings on its ABL facility, compared to none previously.  **[1495320_0001495320-25-000071_ex-99120250802.htm:3]** **[1495320_0001495320-25-000071_ex-99120250802.htm:6]** 
- Management stated that Q2 results met internal expectations and observed sequential improvement in comparable store sales, while also emphasizing ongoing strategic efforts to revitalize the brand.  **[1495320_0001495320-25-000071_ex-99120250802.htm:0]**

Vera Bradley (VRA)