Vera Bradley Q3 revenue $62.3M, net loss $12.4M; announces Project Sunshine transformation

Vera Bradley, Inc.

2026-Q3 EPS reported -$1.80 revenue$184,763,000

GAAP net loss from continuing ops of $12.4M ($0.44 diluted loss); non-GAAP loss $8.3M ($0.30).
Revenue down 11.6% YoY to $62.3M; Direct segment comparable sales declined 5.8%.
Includes $5.9M inventory write-down and $4M media credit write-off, totaling ($0.35) per share impact.
Indirect segment revenue fell 30.2% YoY to $12.6M due to lower specialty and key account orders.
Company launched Project Sunshine, a five-pillar initiative to refocus brand and improve operations.

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