RINCON, Puerto Rico--(BUSINESS WIRE)--Fund 1 Investments LLC (together with its affiliates, “Fund 1”) is the largest shareholder of Vera Bradley, Inc. (NASDAQ: VRA) ("Vera Bradley" or the "Company"), beneficially owning 10.0% of the Company's outstanding shares and having economic exposure of 20.0% of the outstanding shares. Today, Fund 1 sent the below letter to the Company's Board of Director...
Vera Bradley's stock has been declining for over a decade, and management missteps appear to be a core reason. Multiple strategic plans have failed to reverse the company's fortunes, and sales continue to decline. Thankfully, margins have generally held up, suggesting that the Vera Bradley brand isn't impaired.
Vera Bradley, Inc. (NASDAQ:VRA ) Q3 2025 Results Conference Call December 11, 2024 9:30 AM ET Company Participants Mark Dely - Chief Administrative Officer Jackie Ardrey - Chief Executive Officer Michael Schwindle - Chief Financial Officer Conference Call Participants Eric Beder - SCC Research Daniel Harriman - Sidoti & Company Operator Greetings. Welcome to the Vera Bradley Third Quarter Fisca...
Consolidated net revenues totaled $80.6 million Financial condition remains strong with no debt and approximately $89 million of liquidity Updates outlook for fiscal year ending February 1, 2025 FORT WAYNE, Ind., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the third quarter and nine months ended November 2, 2024.
FORT WAYNE, Ind., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that it plans to report results for the third quarter ending November 2, 2024 of fiscal year 2025 at 8:00 a.m. Eastern Time on Wednesday, December 11, 2024.
FORT WAYNE, Ind., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (“Vera Bradley” or the “Company”) (NASDAQ:VRA) today announced the appointment of Ian Bickley to its Board of Directors (the “Board”) effective November 1, 2024.
FORT WAYNE, Ind., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) announced today that the Board of Directors of the Company (the “Board”) unanimously approved the adoption of a limited duration shareholder rights plan (the “Rights Plan”) to protect shareholders' interests and maximize value for all shareholders.
Vera Bradley's 2Q25 results were disappointing, with significant sales and gross margin declines, and guidance slashed from $21 million to $3 million in operating income. The company's abrupt rebranding has faced severe backlash from core customers, leading to concerns about future demand and customer loyalty. Despite historical valuation metrics suggesting a cheap stock, the uncertainty surrou...
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