earnings
confidence high
sentiment negative
materiality 0.75
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.
item 2.02item 9.01