earnings
confidence high
sentiment positive
materiality 0.75
Vera Bradley Q1 revenue $55.7M (+7.8% YoY); operating loss improves 74%
Vera Bradley, Inc.
- Net loss from continuing ops ($4.8M), or ($0.17) diluted EPS; non-GAAP loss ($0.09).
- Direct segment revenues $44.9M (+4.1%); comparable sales +13.4%. Indirect revenues $26.6%.
- Consolidated gross margin 51.8%, up 770 bps YoY (non-GAAP 430 bps). SG&A down 16%.
- Inventory reduced 26% to $73.0M; no borrowings on ABL. Cash $12.5M.
- FY27 guidance: sales $255M-$270M; operating loss improvement now at least 50% vs prior loss of ($21.7M).