Vera Bradley Q1 revenue falls 23.8% to $51.7M; suspends FY2026 guidance

Vera Bradley, Inc.

2026-Q1 EPS reported -$1.20 vs consensus $0.01 ▼ miss (-11981.2%)

Net loss from continuing ops of ($18.3M) or ($0.66)/diluted share; non-GAAP loss ($10.1M) or ($0.36).
Comparable sales declined 25.0%; Direct segment revenue fell 23.6% to $43.1M.
Gross margin contracted to 44.1% from 50.1% a year ago; operating loss widened to ($17.9M).
Cash and equivalents $11.3M, no ABL borrowings; inventory $99.2M.
Company suspends forward guidance citing leadership changes and uncertain consumer environment.

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