Earnings summaries and quarterly performance for Vera Bradley.
Executive leadership at Vera Bradley.
Board of directors at Vera Bradley.
Research analysts who have asked questions during Vera Bradley earnings calls.
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Vera Bradley Reports Q3 Fiscal 2026 Results and Progress on Project Sunshine
VRA
Earnings
New Projects/Investments
Demand Weakening
- Vera Bradley (VRA) reported Q3 fiscal 2026 consolidated revenues of $62.3 million, an 11.7% decrease year-over-year, resulting in a net loss of $8.3 million or $0.30 per diluted share.
- The Direct business segment revenues were $49.7 million, down 5.3%, showing sequential improvement in key metrics and positive comparable channel sales in brand channels. The Indirect segment revenues decreased 30.2% to $12.6 million.
- Gross margin for the quarter was 41.7% of net revenues, but would have been 51.2% excluding a $5.9 million inventory write-down related to a strategic product shift.
- Inventory decreased 24.3% year-over-year to $82.9 million, and the company aims to improve inventory turns to the two to three range over the next 12-18 months.
- The company is actively implementing its "Project Sunshine" transformation across five strategic pillars, including sharpening brand focus, resetting go-to-market, rewiring the digital ecosystem, and implementing Outlet 2.0, with early positive indicators.
Dec 11, 2025, 1:30 PM
Vera Bradley Reports Q3 Fiscal 2026 Results with Revenue Decline and Net Loss
VRA
Earnings
Demand Weakening
New Projects/Investments
- Vera Bradley (VRA) reported Q3 Fiscal 2026 revenues of $62.3 million, an 11.7% decrease year-over-year, leading to a net loss of $8.3 million or $0.30 per diluted share.
- The reported gross margin was 41.7% of net revenues, significantly impacted by a $5.9 million inventory write-down and a $4 million write-off of television media credits; excluding these, the gross margin would have been 51.2%.
- The Direct segment revenues were $49.7 million, a 5.3% decrease from the prior year, but showed sequential improvement in key metrics and positive comparable channel sales in brand channels.
- Inventory decreased 24.3% year-over-year to $82.9 million, with management targeting an improvement in inventory turns to the 2-3 range over the next 12-18 months. The company is also progressing with "Project Sunshine," a five-pillar transformation strategy.
Dec 11, 2025, 1:30 PM
Vera Bradley Reports Q3 Fiscal 2026 Results Amidst Transformation Efforts
VRA
Earnings
New Projects/Investments
Demand Weakening
- Vera Bradley reported Q3 fiscal 2026 consolidated revenues of $62.3 million, an 11.7% decrease compared to the prior year.
- The company posted a net loss from continuing operations of -$8.3 million, or -$0.30 per diluted share, primarily due to a $5.9 million inventory write-down and a $4 million write-off of television media credits.
- Direct segment revenues were $49.7 million, a 5.3% decrease year-over-year, but showed sequential improvement with positive comparable channel sales in brand channels.
- Inventory levels decreased 24.3% year-over-year to $82.9 million, reflecting ongoing efforts in inventory management and assortment optimization.
- The company continues to implement its "Project Sunshine" transformation initiatives, focusing on brand focus, go-to-market strategies, digital ecosystem, and "Outlet 2.0" to drive future growth.
Dec 11, 2025, 1:30 PM
Vera Bradley Reports Q3 Fiscal Year 2026 Results
VRA
Earnings
New Projects/Investments
Demand Weakening
- Vera Bradley, Inc. announced consolidated net revenues of $62.3 million for the third quarter of fiscal year 2026, compared to $70.5 million in the prior year period. For the nine months ended November 1, 2025, consolidated net revenues totaled $184.8 million.
- The company reported a GAAP net loss from continuing operations of ($12.4) million, or ($0.44) per diluted share, for Q3 FY2026. This loss was significantly affected by a $5.9 million inventory write-down and a $4 million write-off of television media credits.
- On a non-GAAP basis, the third quarter net loss from continuing operations was ($8.3) million, or ($0.30) per diluted share. For the nine months, the non-GAAP net loss was ($18.9) million, or ($0.67) per diluted share.
- The company is implementing "Project Sunshine," a five-pillar transformation strategy, and its Direct Segments registered sequential improvement with positive comparable Brand channel sales for five months.
- As of November 1, 2025, cash and cash equivalents totaled $10.7 million, and total quarter-end inventory was $82.9 million. The company had $10.0 million in borrowings on its $75.0 million asset-based lending facility.
Dec 11, 2025, 1:02 PM
Vera Bradley Announces Third Quarter Fiscal Year 2026 Results
VRA
Earnings
Demand Weakening
New Projects/Investments
- Vera Bradley, Inc. reported consolidated net revenues of $62.3 million for the third quarter ended November 1, 2025, a decrease from $70.5 million in the prior year's third quarter. For the nine-month period, net revenues totaled $184.8 million, down from $232.4 million in the prior year.
- The company posted a GAAP net loss from continuing operations of ($12.4) million, or ($0.44) per diluted share, for Q3 FY2026, compared to a net loss of ($13.3) million, or ($0.47) per diluted share, in the prior year's third quarter.
- On a non-GAAP basis, the third quarter net loss from continuing operations was ($8.3) million, or ($0.30) per diluted share, compared to ($3.7) million, or ($0.13) per diluted share, in the prior year.
- Gross profit for Q3 FY2026 was $26.2 million, or 42.1% of net revenues, a decrease from $38.4 million, or 54.5% of net revenues, in the prior year, primarily impacted by a $5.9 million inventory write-down and a $4 million write-off of television media credits. The company is progressing with its "Project Sunshine" transformation strategy, which has shown sequential improvement in Direct Segments.
Dec 11, 2025, 1:00 PM
Vera Bradley, Inc. Amends Credit Agreement
VRA
Debt Issuance
- Vera Bradley, Inc. executed a Fifth Amendment to Credit Agreement and Second Amendment to Pledge and Security Agreement dated October 21, 2025.
- As of the ThirdFifth Amendment Effective Date, the Aggregate Revolving Commitment is $75,000,000.
- JPMorgan Chase Bank, N.A. serves as the Administrative Agent for the lenders.
Oct 27, 2025, 8:54 PM
Vera Bradley Announces Q2 2026 Financial Results and Transformation Strategy
VRA
Earnings
Demand Weakening
Guidance Update
- Vera Bradley reported Q2 2026 revenues of $70.9 million, a 25% decline year-over-year, resulting in a net loss of -$0.5 million or -$0.02 per diluted share.
- The company is implementing five key strategic initiatives to revitalize its market position, focusing on sharpening brand focus, developing a cohesive omnichannel strategy, updating its outlet strategy, improving its operating model, and reimagining how it works.
- Despite the revenue decline, Vera Bradley saw sequential improvement in comparable store sales and a 23% increase in new customers on VB.com during the quarter.
- Vera Bradley is not providing guidance for the current period due to its transformation journey and the dynamic consumer environment, and a nationwide search for a new CEO is ongoing.
Sep 11, 2025, 12:30 PM
Vera Bradley Reports Q2 2026 Results and Outlines Strategic Initiatives
VRA
Earnings
Guidance Update
Demand Weakening
- 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.
- 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.
- 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.
- The company is not providing guidance for the current period due to its ongoing transformation journey and the dynamic consumer environment.
Sep 11, 2025, 12:30 PM
Vera Bradley Reports Q2 2026 Results Amidst Transformation Initiatives
VRA
Earnings
Guidance Update
New Projects/Investments
- 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.
- 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).
- Despite the revenue decline, Vera Bradley noted sequential improvements in comparable store sales across its store fleet and VB.com, and in gross margin.
- 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.
Sep 11, 2025, 12:30 PM
Vera Bradley Reports Q2 2026 Financial Results and Outlines Strategic Initiatives
VRA
Earnings
Guidance Update
New Projects/Investments
- 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.
- 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.
- 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.
- 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.
- The company is not providing guidance for the full fiscal year due to its ongoing transformation and the dynamic consumer environment.
Sep 11, 2025, 12:30 PM
Quarterly earnings call transcripts for Vera Bradley.
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