Martin Layding
On June 11, 2025, the Company also announced that Martin Layding, 54, will join the Company as its CFO effective June 12, 2025.
Highest-materiality recent filing
Vera Bradley Q1 revenue $55.7M (+7.8% YoY); operating loss improves 74%
Net loss from continuing ops ($4.8M), or ($0.17) diluted EPS; non-GAAP loss ($0.09).
Vera Bradley Terminates Shareholder Rights Plan Effective April 17, 2026
Board unanimously approved Amendment No. 2 accelerating the Rights Plan’s Final Expiration Date from October 11, 2026 to April 17, 2026.
Vera Bradley returns to Q4 profit, names Ian Bickley CEO and Martin Layding COO/CFO; guides FY27
Q4 net income $2.7M ($0.09 diluted EPS) vs loss $20M in prior year; non-GAAP net income $2.5M.
Vera Bradley Q3 revenue $62.3M, net loss $12.4M; announces Project Sunshine transformation
GAAP net loss from continuing ops of $12.4M ($0.44 diluted loss); non-GAAP loss $8.3M ($0.30).
Vera Bradley appoints Melinda Paraie as Chief Brand Officer effective Nov 1, 2025
Melinda Paraie named Chief Brand Officer, effective Nov 1, 2025; previously CEO of Cath Kidston and SVP at Tapestry/Coach.
Vera Bradley Q2 revenue $70.9M (-24.6% YoY); net loss $0.17/sh, adj loss $0.02
Net revenues $70.9M vs $94.0M prior year; net loss $4.7M ($0.17/sh) vs income $7.5M ($0.25/sh).
Vera Bradley CEO Jackie Ardrey departs; receives $2M lump sum severance, accelerated RSU vesting
Former CEO Jackie Ardrey terminated July 31, 2025; enters Release and Waiver Agreement.
Vera Bradley CFO Schwindle to leave June 30; severance $675,938 + 1.25x FY26 bonus
CFO Michael Schwindle's employment ends June 30, 2025.
CEO Ardrey departs; CFO Schwindle out; Bickley named Exec Chairman, Layding new CFO
CEO Jackie Ardrey steps down, will remain through July; national search for replacement.
Vera Bradley Q1 revenue falls 23.8% to $51.7M; suspends FY2026 guidance
Net loss from continuing ops of ($18.3M) or ($0.66)/diluted share; non-GAAP loss ($10.1M) or ($0.36).
Vera Bradley completes sale of Pura Vida Bracelets subsidiary to Project Aster Acquisition
Sale of 100% of Creative Genius LLC (Pura Vida Bracelets) closed on March 31, 2025.
Vera Bradley sells Pura Vida Bracelets for $1M cash plus contingent consideration
Sale of 100% of Creative Genius (Pura Vida Bracelets) to Project Aster Acquisition for $1M cash plus contingent two-year earn-out.
Vera Bradley reports Q4 net loss $47M, sells Pura Vida, co-founder leaves board
Q4 net revenues $100M, down 25% YoY (13-wk basis); GAAP EPS -$1.69; non-GAAP EPS -$0.30.
Vera Bradley Q3 revenues fall 30% to $80.6M; net loss $12.8M; guides FY25 revs ~$385M
Consolidated net revenues of $80.6M down 30% YoY from $115.0M; net loss $12.8M vs prior year net income $5.1M.
Vera Bradley Q2 FY2025 rev $110.8M, EPS $0.19; FY2025 outlook cut to $410M rev, EPS $0.10
Net revenues $110.8M, down 13.6% YoY; GAAP EPS $0.19, non-GAAP EPS $0.13 vs $0.33 prior year.
Vera Bradley Q1 revenues fall 14.6% to $80.6M; net loss per share $(0.26)
Q1 net revenues $80.6M vs $94.4M YoY; GAAP net loss $(8.1)M ($(0.26)/diluted share) vs $(4.7)M ($(0.15)).
Vera Bradley FY2024 net income $7.8M vs prior year loss; guides FY2025 EPS $0.54-0.62
Consolidated revenue $470.8M, down 5.8% YoY; net income $7.8M ($0.25 EPS) vs loss of $59.7M.
Consolidated net revenues $115.0M vs $124.0M YoY; Vera Bradley Direct -9.7%, Vera Bradley Indirect +12%, Pura Vida -18.3%.
Vera Bradley Q2 FY2024 net income $9.3M ($0.30 EPS) vs prior year loss; guidance raised
Net income $9.3M ($0.30 diluted EPS) vs prior year loss of $29.8M; non-GAAP net income $10.2M ($0.33).
Vera Bradley Q1 net loss narrows to $4.7M; raises FY2024 EPS guidance to $0.57-$0.67
Consolidated net revenues $94.4M (-4.2% YoY); GAAP net loss ($4.7M) or ($0.15)/share vs. ($7.0M) or ($0.21) prior year.
Vera Bradley appoints new CFO, targets $12M in additional cost cuts
Michael Schwindle named CFO effective May 8, 2023; base salary $525,000 plus incentives.
Vera Bradley reports FY2023 net loss of $59.7M; guides FY2024 EPS $0.40-$0.50
FY2023 net revenues $500.0M, down 7.5% YoY; net loss ($59.7M) or ($1.90) per diluted share.
Acquired remaining 25% interest in Pura Vida for ~$10M cash; transaction expected to close Jan 30, 2023.
Vera Bradley Q3 revenue $124M (-8% YoY); non-GAAP EPS $0.20; CEO Ardrey takes over
Q3 net revenues $124.0M vs $134.7M prior year; net income $5.2M ($0.17 diluted), flat YoY.
Vera Bradley names Jacqueline Ardrey as CEO, replacing retiring Robert Wallstrom
Jacqueline Ardrey becomes President and CEO effective Nov 1, 2022; retiring CEO Robert Wallstrom will advise through Dec 2022.
Vera Bradley Q2 net loss $29.8M; cuts FY23 revenue guidance to $480-490M
Q2 consolidated net revenues $130.4M (down 11.3% YoY); net loss ($29.8M) or ($0.95)/diluted share; non-GAAP net income $2.4M ($0.08)/share.
Vera Bradley CEO Robert Wallstrom to retire; $25M annual cost cuts announced
President and CEO Robert Wallstrom to retire; will remain until successor named, expected by early 2023.
Vera Bradley Q1 net loss $0.21/sh on rev $98.5M (down 10% YoY); guides FY rev $490-505M
Consolidated net revenues $98.5M, down from $109.1M YoY; net loss $7.0M ($0.21 diluted).
On June 11, 2025, the Company also announced that Martin Layding, 54, will join the Company as its CFO effective June 12, 2025.
Also on June 11, 2025, the Company announced that Michael Schwindle, the Company’s Chief Financial Officer (“CFO”), will be stepping down from his position as CFO, effective June 12, 2025.
On June 11, 2025, Vera Bradley, Inc. (the "Company") announced that Jackie Ardrey has decided to step down from her position as President and Chief Executive Officer (“CEO”) of the Company.
Ian Bickley, 61 and a current member of the Company’s Board of Directors, will assume the role of Executive Chairman effective July 7, 2025
On April 18, 2025, Vera Bradley, Inc. (the “Company”) announced that long-time board member Frances P. Philip will not stand for re-election at the upcoming 2025 Shareholder Meeting.
the Company announced that long-time board member Mary Lou Kelley is retiring from the Company’s board of Directors, effective February 7, 2025.
On February 10, 2025, Vera Bradley, Inc. (the “Company”) announced that Andrew Meslow has been elected to join its Board of Directors, effective February 7, 2025.
On November 1, 2024, Vera Bradley, Inc. (the “Company”) announced that Ian Bickley has been elected to join its Board of Directors.
On July 26, 2024, Bradley (“Brad”) Weston provided notice of his decision to resign from the Board of Directors (the “Board”) of Vera Bradley, Inc. (the “Company”) effective August 30, 2024.
On January 26, 2024, Vera Bradley, Inc. (the "Company") announced that Jessica Rodriguez has been elected to join its Board of Directors.
On January 16, 2024, Vera Bradley, Inc. (the “Company”) announced that Bradley (“Brad”) Weston has been elected to join its Board of Directors.
John Enwright, the Company’s current CFO, will be stepping down as a result of Mr. Schwindle’s appointment.
Max materiality 0.80 · Median 0.60 · Most common event leadership