Reported Earnings • Jun 17
First quarter 2027 earnings released: US$0.17 loss per share (vs US$0.66 loss in 1Q 2026) First quarter 2027 results: US$0.17 loss per share (improved from US$0.66 loss in 1Q 2026). Revenue: US$55.7m (up 7.8% from 1Q 2026). Net loss: US$4.83m (loss narrowed 74% from 1Q 2026). Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jun 17
CEO & Chairman of the Board recently bought €97k worth of stock On the 12th of June, Ian Bickley bought around 29k shares on-market at roughly €3.34 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ian has been a buyer over the last 12 months, purchasing a net total of €184k worth in shares. Announcement • May 28
Vera Bradley, Inc. to Report Q1, 2027 Results on Jun 11, 2026 Vera Bradley, Inc. announced that they will report Q1, 2027 results at 8:00 AM, Eastern Daylight on Jun 11, 2026 Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ivan Brockman was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 27
Vera Bradley, Inc., Annual General Meeting, Jun 04, 2026 Vera Bradley, Inc., Annual General Meeting, Jun 04, 2026. Location: vera bradley design center, 12420 stonebridge road, in 46783, roanoke United States Announcement • Apr 24
Vera Bradley, Inc. Announces Board Member Carrie Tharp Has Decides Not to Stand for Re-Election At the Upcoming 2026 Shareholder Meeting Vera Bradley, Inc. announced that board member Carrie Tharp has decided not to stand for re-election at the upcoming 2026 Shareholder Meeting. Ms. Tharp joined the Company’s Board in 2020 and has served as a member of both the Talent and Compensation Committee, as well as the Audit Committee during her tenure. Recently, Ms. Tharp was promoted into a new role as Go To Market COO & VP Customer Experience of Google Cloud. The Company is served by six remaining Board members with a diverse set of skills and backgrounds and so the Company will be shrinking the size of the board and not filling the vacancy. Announcement • Feb 26
Vera Bradley, Inc. to Report Q4, 2026 Results on Mar 12, 2026 Vera Bradley, Inc. announced that they will report Q4, 2026 results at 8:00 AM, US Eastern Standard Time on Mar 12, 2026 Announcement • Nov 26
Vera Bradley, Inc. to Report Q3, 2026 Results on Dec 11, 2025 Vera Bradley, Inc. announced that they will report Q3, 2026 results at 8:00 AM, US Eastern Standard Time on Dec 11, 2025 Announcement • Nov 22
Vera Bradley, Inc. Announces the Appointment of Ivan Brockman to its Board of Directors, Effective November 17, 2025 Vera Bradley, Inc. announced the appointment of Ivan Brockman to its Board of Directors effective November 17, 2025. Mr. Brockman currently serves as a Senior Advisor to PJT Partners, a leading independent investment bank, and previously was a Partner and in the firm’s technology strategic advisory group in San Francisco. Mr. Brockman has been at the firm since its inception when it was created in a spin-off transaction from Blackstone in 2015. Prior to the spin-off, Mr. Brockman was a part of Blackstone’s strategic advisory group and served on the firm’s Innovations Investment Committee. Mr. Brockman has a wealth of experience as an investment banker having also served as the co-head of West Coast Technology Investment Banking for Citigroup and prior to that was a Vice President with Goldman Sachs’ TMT investment banking group in Silicon Valley and San Francisco. Mr. Brockman began his career practicing corporate securities law for several years with Wilson Sonsini Goodrich & Rosati. Over the course of his career, Mr. Brockman has advised on well over $100 Billion of strategic transactions including with selected leading companies such as Google, Microsoft, Amazon, IBM, Oracle, Verizon, SAP, Dell, HP, Intel, Citrix, Yahoo, eBay, Intuit, Accenture, VERITAS, and many others. Mr. Brockman is also an active private investor as a limited partner in leading private equity, growth, real estate, and venture funds, as well as a direct investor in technology and consumer start-up companies. Some of his more prominent early-stage investments have included identity protection leader LifeLock; innovative DTC medical scrubs provider FIGS; and influencer marketing company Influential. Announcement • Oct 29
Vera Bradley Announces Appointment of Melinda Paraie as Chief Brand Officer, Effective November 1, 2025 Vera Bradley, Inc. announced the appointment of Melinda Paraie as the Company’s Chief Brand Officer effective November 1, 2025. Ms. Paraie served as the Chief Executive Officer of Cath Kidston where she managed the brand through its digital transformation, challenging business environment, during COVID-19 and eventual sale. Previously, she was a key leader at Tapestry, Inc. (formerly, Coach, Inc.) (NYSE: TPR), for more than ten years, most recently serving as Senior Vice President of Merchandising for North America and prior to that for the APAC region. Her contribution was an important part of Coach’s global expansion which saw sales outside North America grow by more than $1 Billion during her tenure. Ms. Paraie was a key part of the leadership team that saw success globally in revitalizing Coach’s product offerings. Ms. Paraie also served as Chief Merchandising Officer for John Hardy and acted as a strategic advisor to several other brands, including The Body Shop, Adolfo Dominguez and Vera Bradley. Announcement • Oct 10
Vera Bradley, Inc. and Anthropologie Unveil Limited-Edition Holiday Line Vera Bradley, Inc. is celebrating the holiday season with the launch of an exclusive collaboration with global lifestyle brand, Anthropologie, blending its beloved craftsmanship and quilted heritage with Anthropologie's whimsical style. The limited-edition collection features 39 products in total, with the full assortment available at 80 Anthropologie stores and a curated selection of styles offered online at verabradley.com. The collaboration includes cosmetic cases, travel pouches, jewelry cases, scrunchies, bag charm, weekenders, duffels, and more. The collection debuts three brand-new, holiday-inspired patterns including: Diamond Patchwork Somethin' Sweet -Vera Bradley Online exclusive and Anthropologie; Trellis Patchwork Mistletoe -Anthropologie exclusive; Diamond Patchwork North Star*Anthropologie exclusive. Diamond Patchwork North Star-Anthropologie exclusive. With price points ranging from $20 to $225, the collaboration offers something special for every gift list this season, from stocking stuffers to statement travel pieces. Announcement • Oct 02
Alison Hiatt Will Be Leaving Vera Bradley, Inc. as Chief Marketing Officer, Effective October 9, 2025 Vera Bradley, Inc. announced that it’s Chief Marketing Officer, Alison Hiatt will be leaving the Company on October 9, 2025. The Company entered into a Release and Waiver Agreement with Ms. Hiatt. The Release Agreement provides that Ms. Hiatt’s employment with the Company will terminate on October 9, 2025 and that she will receive severance compensation, including base salary through the date of termination, accrued benefits under the terms of the Company’s employee benefit plans, reimbursement of unreimbursed business expenses in accordance with Company policy, reimbursement of COBRA premiums for a period of up to 12 months (subject to Ms. Hiatt obtaining coverage under another group health plan), payments totaling $300,000 payable in 15 equal installments and an additional amount, if any, equal to 1.25 times the amount of the annual bonus Ms. Hiatt would have received under the Company’s annual Cash Bonus Plan for the 2026 fiscal year, payable at the time payment is made to other Company executives under the Cash Bonus Plan. Additionally, Ms. Hiatt shall be treated as not having separated from Service for purposes of any stock awards made by the Company and shall be entitled to receive any shares that vest according to Executive’s Award Agreements during that time period while payments are still being made by Company. In consideration of these severance benefits, Ms. Hiatt agrees to release the Company, its affiliates and certain other persons specified in the Release Agreement from all claims related to her employment or the termination thereof, subject to customary limitations set forth in the Release Agreement. Announcement • Aug 29
Vera Bradley, Inc. to Report Q2, 2026 Results on Sep 11, 2025 Vera Bradley, Inc. announced that they will report Q2, 2026 results at 8:00 AM, US Eastern Standard Time on Sep 11, 2025 Announcement • Jun 13
Vera Bradley, Inc. Reports PPE Impairment Charges for the First Quarter Ended May 3, 2025 Vera Bradley, Inc. reported PPE impairment charges for the first quarter ended May 3, 2025. For the quarter, the company reported PPE impairment charges of $1,048,000. Announcement • May 28
Vera Bradley, Inc. to Report Q1, 2026 Results on Jun 11, 2025 Vera Bradley, Inc. announced that they will report Q1, 2026 results at 8:00 AM, US Eastern Standard Time on Jun 11, 2025 Announcement • Apr 28
Vera Bradley, Inc., Annual General Meeting, Jun 05, 2025 Vera Bradley, Inc., Annual General Meeting, Jun 05, 2025. Location: vera bradleydesign center, 12420 stonebridge road, in 46783., roanoke United States Announcement • Apr 19
Vera Bradley, Inc. Announces Frances P. Philip Not Stand for Re-Election at 2025 Shareholder Meeting Vera Bradley announced that board member Frances P. Philip will not stand for re-election at the upcoming 2025 Shareholder Meeting. Ms. Philip joined the Company’s Board in 2011 and has served as a member on both the Talent and Compensation Committee, as well as the Nominating, Governance and Sustainability Committee during her tenure. Ms. Philip has served as the Lead Independent Director since 2022, overseeing the Company’s business with insights stemming from the extensive product development, branding, marketing, and retail experience she possesses. Announcement • Apr 02
Project Aster Acquisition, LLC completed the acquisition of Creative Genius, Inc. from Vera Bradley, Inc. (NasdaqGS:VRA). Project Aster Acquisition, LLC entered into an interest purchase agreement to acquire Creative Genius, Inc. from Vera Bradley, Inc. (NasdaqGS:VRA) for $1 million on March 11, 2025. Project Aster Acquisition, LLC will pay $1 million in cash and contingent consideration over two years, with total consideration subject to adjustments for cash, transaction expenses, and working capital. The transaction is expected to close by the end of the first quarter. Stephen Hackman of Ice Miller LLP acted as legal advisor for Vera Bradley. Brent Bradley of Cypress, LLP acted as legal advisor for Project Aster Acquisition.
Project Aster Acquisition, LLC completed the acquisition of Creative Genius, Inc. from Vera Bradley, Inc. (NasdaqGS:VRA) on March 31, 2025. Announcement • Mar 15
Vera Bradley, Inc. Announces Transition of Barbara Baekgaard to Director Emeritus Role Vera Bradley, Inc. announced on March 14, 2025, that its co-founder Barbara Baekgaard will not stand for re-election at the upcoming shareholders meeting and will transition to a Director Emeritus role. While stepping back from official board duties, Baekgaard will continue to remain involved in the company she co-founded and the Vera Bradley brand transformation. Baekgaard has been instrumental in launching the brand in 1982 with Patricia Miller and growing it into a recognized lifestyle company. Her influence on Vera Bradley has been immeasurable, shaping the business and inspiring generations of women entrepreneurs. Beyond Vera Bradley, Baekgaard is active in philanthropy and hospitality, having established the Vera Bradley Foundation for Breast Cancer in 1994, which has raised over $41 million for breast cancer research. She also founded The Bradley, Fort Wayne’s only boutique hotel. Baekgaard continues her philanthropic endeavors and sits on boards focusing on medical research. Announcement • Mar 13
An undisclosed buyer entered into an interest purchase agreement to acquire Creative Genius, Inc. from Vera Bradley, Inc. (NasdaqGS:VRA). An undisclosed buyer entered into an interest purchase agreement to acquire Creative Genius, Inc. from Vera Bradley, Inc. (NasdaqGS:VRA) on March 11, 2025. Announcement • Mar 12
Vera Bradley, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 1, 2026 Vera Bradley, Inc. provided consolidated earnings guidance for the fiscal year ending February 1, 2026. For the fiscal year ending February 1, 2026, the company expects consolidated net revenues of $280 million. Net revenues totaled $318.8 million in Fiscal 2025 (excluding the Pura Vida segment). Consolidated operating loss of approximately ($6) million compared to operating loss of ($16.9) million in Fiscal 2025 (excluding the Pura Vida segment). Consolidated diluted EPS of approximately ($0.15). Fiscal 2025 non-GAAP diluted EPS totaled ($0.64) on a total Company basis (including Pura Vida). Announcement • Feb 26
Vera Bradley, Inc. to Report Q4, 2025 Results on Mar 12, 2025 Vera Bradley, Inc. announced that they will report Q4, 2025 results at 8:00 AM, US Eastern Standard Time on Mar 12, 2025 Announcement • Feb 10
Vera Bradley Announces Board Changes Vera Bradley announced the appointment of Andrew Meslow, former CEO of L Brands and Bath and Body Works, to the Company’s Board of Directors. Mr. Meslow joins the Board most recently from L Brands and Bath and Body Works, where he was CEO. Prior to becoming CEO, Andrew held the role of COO at Bath & Body Works, leading several functional areas of the business, including finance, merchandise planning, store operations and the direct channel. He joined L Brands in 2003, working in roles at Victoria’s Secret and the corporate group before moving to Bath & Body Works in 2005 as executive vice president and chief financial officer. Prior to joining L Brands, Andrew held senior leadership positions at Banana Republic and Ann Taylor. Further, long-time board member Mary Lou Kelley is retiring from the Company’s board of Directors, effective February 7, 2025. Ms. Kelley joined the Company’s Board in 2015 and has served as a member on all of the Company’s committees during her tenure, overseeing the Company’s business with insights stemming from the wealth of deep retail, marketing and E-commerce experience she possesses. The Company is served by 8 remaining Board members with a diverse set of skills and backgrounds, including Ian Bickley, who was also recently appointed to the Board on November 1, 2024. Announcement • Dec 14
Vera Bradley, Inc. Updates Consolidated Earnings Guidance for the Fiscal Year Ending February 1, 2025 Vera Bradley, Inc. updated consolidated earnings guidance for the fiscal year ending February 1, 2025. For the year, the company expects consolidated net revenues of approximately $385 million. Announcement • Dec 12
Vera Bradley, Inc. (NasdaqGS:VRA) announces an Equity Buyback for $30 million worth of its shares. Vera Bradley, Inc. (NasdaqGS:VRA) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its shares. The program will be funded using company's available cash. The repurchase program is valid for 3 years. Announcement • Nov 27
Vera Bradley, Inc. to Report Q3, 2025 Results on Dec 11, 2024 Vera Bradley, Inc. announced that they will report Q3, 2025 results at 8:00 AM, US Eastern Standard Time on Dec 11, 2024 Announcement • Nov 01
Vera Bradley, Inc. Announces Appointment of Ian Bickley to the Board of Directors Vera Bradley, Inc. announced the appointment of Ian Bickley to its Board of Directors effective November 1, 2024. Mr. Bickley served as a key architect and leader at Tapestry, Inc. (formerly, Coach, Inc.), overseeing the company’s global expansion and growing Coach’s international sales from less than $20 million to more than $2 billion. As President of the International Group for Coach, and President of Global Business Development for all Tapestry brands, Mr. Bickley established an exceptional track record in building and revitalizing brands, developing omni-channel businesses, and managing and integrating a global multi-brand portfolio. Mr. Bickley currently serves as an independent director and member of the Audit Committee and Corporate Responsibility and Sustainability Committee on the Boards of Directors at Crocs, Inc. and as an independent director on the Board at Brilliant Earth where he chairs the Nominating and Corporate Governance Committee and is a member of the Audit Committee. Previously, he served as an independent director on the Board at Natura & Co., where he served on the Strategy Committee. Reported Earnings • Sep 12
Second quarter 2025 earnings released: EPS: US$0.20 (vs US$0.30 in 2Q 2024) Second quarter 2025 results: EPS: US$0.20 (down from US$0.30 in 2Q 2024). Revenue: US$110.8m (down 14% from 2Q 2024). Net income: US$5.71m (down 38% from 2Q 2024). Profit margin: 5.1% (down from 7.2% in 2Q 2024). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Sep 11
Vera Bradley, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 1, 2025 Vera Bradley, Inc. provided consolidated earnings guidance for the fiscal year ending February 1, 2025. For the year, the company expects Consolidated net revenues of approximately $410 million. Net revenues totaled $470.8 million in Fiscal 2024, including the estimated impact of a 53rd week of $6.0 million. Revenues for the back half of the year are expected to be down in the low-teen range with sequential improvement in Fourth Quarter over Third Quarter driven by six new outlet store openings along with the anniversary of Pura Vida’s digital marketing cost increase in Third Quarter last year. Consolidated operating income of approximately $3 million compared to $22.6 million in Fiscal 2024. Consolidated diluted EPS of approximately $0.10 based on diluted weighted-average shares outstanding of 29.8 million and an effective tax rate of approximately 34%. Diluted EPS totaled $0.55 last year, including the estimated impact of a 53rd week of $0.01. Announcement • Aug 07
Vera Bradley, Inc. to Report Q2, 2025 Results on Sep 11, 2024 Vera Bradley, Inc. announced that they will report Q2, 2025 results at 8:00 AM, Eastern Standard Time on Sep 11, 2024 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €5.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 47% over the past three years. Announcement • Jul 11
Vera Bradley, Inc. Unveils New, Elevated Product Line Vera Bradley, Inc. unveiled a new, elevated product line that celebrates customers’ unique sense of style and encourages self-expression. The new product assortment, available to shop now, features elevated fabrics and performance materials, such as cotton gabardine, oxford canvas, and genuine full grain leather, and includes an expansion of modernized silhouettes. The new styles have been elegantly redesigned while honoring the heritage and elements that have classically defined Vera Bradley. In addition to expanding its handbag selection with new fabrications and silhouettes, the brand is making enhancements to some of its styles, such as duffels and backpacks, to modernize them in shape, fabric, and color. Customers will also be able to further personalize each style and curate their own look for each occasion by mixing and matching a wide assortment of accessories including bag charms, keychains, and scarves. The new Vera Bradley collection ranges in price from $15 to $295 and is available now in Vera Bradley Full Line Stores, participating Vera Bradley retailers, and online. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €5.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 45% over the past three years. New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Reported Earnings • Jun 13
First quarter 2025 earnings released: US$0.27 loss per share (vs US$0.15 loss in 1Q 2024) First quarter 2025 results: US$0.27 loss per share (further deteriorated from US$0.15 loss in 1Q 2024). Revenue: US$80.6m (down 15% from 1Q 2024). Net loss: US$8.12m (loss widened 74% from 1Q 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • May 08
Vera Bradley, Inc. to Report Q1, 2025 Results on Jun 12, 2024 Vera Bradley, Inc. announced that they will report Q1, 2025 results at 8:00 AM, Eastern Standard Time on Jun 12, 2024 Announcement • Apr 28
Vera Bradley, Inc., Annual General Meeting, May 30, 2024 Vera Bradley, Inc., Annual General Meeting, May 30, 2024, at 08:00 Central Standard Time. Location: Seneca Lounge, The Ritz-Carlton Water Tower Place 160 East Pearson Street Chicago Indiana United States Agenda: To elect nine Directors for a one-year term to expire at the 2025 Annual Meeting of Shareholders; to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2025; to approve, on an advisory basis, the compensation of the Company’s named executive officers; and to transact any other business as may properly come before the meeting or at any adjournments or postponements thereof. New Risk • Mar 14
New major risk - Revenue and earnings growth Earnings have declined by 48% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Feb 09
Vera Bradley, Inc. to Report Q4, 2024 Results on Mar 13, 2024 Vera Bradley, Inc. announced that they will report Q4, 2024 results at 8:00 AM, US Eastern Standard Time on Mar 13, 2024 Board Change • Jan 30
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kristina Cashman was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
Vera Bradley, Inc. Appoints Jessica Rodriguez to Board of Directors Vera Bradley, Inc. announced that Jessica Rodriguez, media business executive and former President of Entertainment and Chief Brand Officer for Univision Communications, Inc., has been elected to join its Board of Directors. With this appointment, representation of women on the Vera Bradley, Inc. Board of Directors will be 78%. Rodriguez is a visionary, results-driven leader and award-winning media business executive with a keen focus on creating, leading, and motivating high-performing, diverse, purpose-driven organizations. Rodriguez began her 20+ year career in media as Vice President and Station Manager for Univision Puerto Rico. From there, she successfully progressed through the organization in roles of increasing responsibility, including Vice President and Special Assistant to the President for Univision Networks, Inc.; Senior Vice President, Univision Cable Networks; Executive Vice President and Chief Marketing Officer, Univision; and Chief Operating Officer, Univision Networks. In 2018, Rodriguez was named President of Entertainment and Chief Brand Officer for Univision Communications, Inc., a post she held until 2022. Rodriguez holds a bachelor’s degree in finance and economics from Fordham University and an MBA from the Stanford University Graduate School of Business. She currently serves as a member of the Burlington Stores, Inc. Board of Directors. Announcement • Jan 17
Vera Bradley, Inc. Announces Bradley Weston to Join Board of Directors Vera Bradley, Inc. announced that Bradley Weston, seasoned retail executive and former Chief Executive Officer of Party City Holdings, Inc., has been nominated to join its Board of Directors. Weston is a battle-tested executive with a diverse background, having successfully operated in mature, start-up, turnaround/transformation, and high-growth situations over his 35-year retail career. Most recently, Weston served as the Chief Executive Officer of Party City Holdings, Inc., a role he assumed at the start of the COVID-19 pandemic following a short period leading the company’s retail division. Previously, he spent seven years with Petco Animal Supplies, Inc. in roles of increasing responsibility from Chief Merchandising Officer to President and Chief Executive Officer. He also led the merchant organization at Dick’s Sporting Goods from 2008 to 2011 as Chief Merchandising Officer. Weston’s merchandising expertise is grounded in the fundamentals he learned early in his career. Over 18 years, he successfully rose through the ranks at May Department Stores from Executive Trainee to Senior Vice President, General Merchandising Manager, Ready-to-Wear. He holds a bachelor’s degree in business administration with a finance and marketing emphasis from the University of California, Berkeley. In addition to his appointment to the Vera Bradley, Inc. Board of Directors, Weston is currently a member of the Board of Directors for Boot Barn, Inc. He has previously served in Director roles for Party City Holdings, Inc.; Petco; the National Retail Federation; and The Sports Authority. Weston will join Vera Bradley Inc.’s seven other board members: Jackie Ardrey, CEO; Barbara Bradley Baekgaard, Co-Founder of Vera Bradley; Kristina Cashman, former Chief Financial Officer of restaurant group PF Chang's; Robert J. Hall, Chairman of the Vera Bradley Board of Directors and President of Green Gables Partners; Mary Lou Kelley, former President, E-Commerce for Best Buy; Frances P. Philip, Lead Independent Director of the Vera Bradley Board of Directors and former Chief Merchandising Officer of L.L. Bean, Inc.; and Carrie Tharp, Vice President of Strategic Industries for Google Cloud. Recent Insider Transactions • Dec 13
Independent Director recently sold €234k worth of stock On the 8th of December, Mary Kelley sold around 34k shares on-market at roughly €6.99 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • Dec 07
New major risk - Revenue and earnings growth Earnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Dec 07
Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.17 in 3Q 2023) Third quarter 2024 results: EPS: US$0.17 (in line with 3Q 2023). Revenue: US$115.0m (down 7.3% from 3Q 2023). Net income: US$5.12m (flat on 3Q 2023). Profit margin: 4.5% (up from 4.2% in 3Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Dec 06
Vera Bradley, Inc. Updates Earnings Guidance for the Fiscal Year Ending February 3, 2024 Vera Bradley, Inc. updated earnings guidance for the fiscal year ending February 3, 2024. Based on performance for the first nine months, company initiatives underway, and current macroeconomic trends and expectations. The company has revised the guidance range for diluted earnings per share for the fiscal year. For Fiscal 2024, the company’s updated expectations are as follows: Consolidated net revenues of $472 to $478 million. Net revenues totaled $500.0 million in Fiscal 2023. Consolidated operating income of $23.3 to $25.9 million compared to $12.3 million in Fiscal 2023. Consolidated diluted EPS of $0.56 to $0.62 based on diluted weighted-average shares outstanding of approximately 31.0 million and an effective tax rate of approximately 28%. Diluted EPS totaled $0.24 last year. Announcement • Nov 02
Vera Bradley, Inc. to Report Q3, 2024 Results on Dec 06, 2023 Vera Bradley, Inc. announced that they will report Q3, 2024 results at 8:00 AM, US Eastern Standard Time on Dec 06, 2023 Buying Opportunity • Oct 06
Now 21% undervalued Over the last 90 days, the stock is up 7.1%. The fair value is estimated to be €7.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Sep 07
Now 21% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €7.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 53% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Aug 31
Vera Bradley, Inc. Provides Consolidated Earnings Guidance for the Year Ending February 3, 2024 Vera Bradley, Inc. provided consolidated earnings guidance for the year ending February 3, 2024. For the year, the company expects consolidated net revenues of $490 to $500 million. Net revenues totaled $500.0 million in Fiscal 2023. Consolidated operating income of $24 to $28 million compared to $12.3 million in Fiscal 2023. Consolidated diluted EPS of $0.57 to $0.65 based on diluted weighted-average shares outstanding of approximately 31.0 million and an effective tax rate of approximately 28%. Diluted EPS totaled $0.24 last year. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: US$0.30 (vs US$0.95 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.30 (up from US$0.95 loss in 2Q 2023). Revenue: US$128.2m (down 1.7% from 2Q 2023). Net income: US$9.25m (up US$39.0m from 2Q 2023). Profit margin: 7.2% (up from net loss in 2Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Aug 10
Vera Bradley, Inc. to Report Q2, 2024 Results on Aug 30, 2023 Vera Bradley, Inc. announced that they will report Q2, 2024 results at 8:00 AM, US Eastern Standard Time on Aug 30, 2023 Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. President, CEO & Director Jacqueline Ardrey was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 09
First quarter 2024 earnings released: US$0.15 loss per share (vs US$0.21 loss in 1Q 2023) First quarter 2024 results: US$0.15 loss per share (improved from US$0.21 loss in 1Q 2023). Revenue: US$94.4m (down 4.2% from 1Q 2023). Net loss: US$4.68m (loss narrowed 33% from 1Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Jun 08
Vera Bradley, Inc. Provides Consolidated Revenue Guidance for the Fiscal Year 2023 Vera Bradley, Inc. provided consolidated revenue guidance for the fiscal year 2023. for the year, the company expects Consolidated net revenues of $490 to $510 million. Net revenues totaled $500.0 million in Fiscal 2023. Reported Earnings • Mar 09
Full year 2023 earnings released: US$1.90 loss per share (vs US$0.53 profit in FY 2022) Full year 2023 results: US$1.90 loss per share (down from US$0.53 profit in FY 2022). Revenue: US$500.0m (down 7.5% from FY 2022). Net loss: US$59.7m (down 435% from profit in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 5.3% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Jan 26
Vera Bradley, Inc. (NasdaqGS:VRA) entered into an Interest Purchase Agreement to acquire remaining 25% stake in Creative Genius, Inc. for $10 million. Vera Bradley, Inc. (NasdaqGS:VRA) entered into an Interest Purchase Agreement to acquire remaining 25% stake in Creative Genius, Inc. for $10 million on January 23, 2023. The Transaction is expected to close January 30, 2023. Stephen J. Hackman, Esq. of Ice Miller LLP acted as legal advisor to Vera Bradley, Inc. Michael B. Abramson of Solomon Ward Seidenwurm & Smith acted as legal advisor to Creative Genius, Inc. Announcement • Jan 19
Vera Bradley, Inc. Announces Resignation of Nancy R. Twine to Board of Directors, Effective May 25, 2023 Vera Bradley, Inc. announced that on January 12, 2023, Nancy R. Twine provided notice of her decision to resign from the Board of Directors, effective May 25, 2023. Ms. Twine’s planned resignation did not result from any disagreement with the Company concerning any matter relating to its operations, policies, or practices. Buying Opportunity • Dec 16
Now 22% undervalued Over the last 90 days, the stock is up 35%. The fair value is estimated to be €5.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Meanwhile, the company became loss making. Announcement • Dec 09
Vera Bradley, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Vera Bradley, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the fourth quarter, The company expects consolidated net revenues of $136 million to $141 million compared to $149.6 million last year. Consolidated gross margin rate of 49.5% to 50.5% compared to 50.9% last year. The expected decrease is primarily associated with incremental targeted promotional activity and deleverage on overall head costs, partially offset by price increases and lower year-over-year freight expense. Consolidated EPS of $0.16 to $0.20 compared to $0.17 last year.For the full year, the company updated expectations are consolidated net revenues of $489 million to $494 million compared to $540.5 million in fiscal 2022. And consolidated gross margin rate of 51.9% to 52.1% compared to 53.3% in last year. Consolidated diluted EPS of $0.22 to $0.26 compared to $0.57 last year. Reported Earnings • Dec 08
Third quarter 2023 earnings released: EPS: US$0.17 (vs US$0.17 in 3Q 2022) Third quarter 2023 results: EPS: US$0.17 (down from US$0.17 in 3Q 2022). Revenue: US$124.0m (down 7.9% from 3Q 2022). Net income: US$5.17m (down 11% from 3Q 2022). Profit margin: 4.2% (in line with 3Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Nov 03
Vera Bradley, Inc. to Report Q3, 2023 Results on Dec 07, 2022 Vera Bradley, Inc. announced that they will report Q3, 2023 results at 8:00 AM, Eastern Daylight on Dec 07, 2022 Reported Earnings • Sep 01
Second quarter 2023 earnings released: US$0.95 loss per share (vs US$0.27 profit in 2Q 2022) Second quarter 2023 results: US$0.95 loss per share (down from US$0.27 profit in 2Q 2022). Revenue: US$130.4m (down 11% from 2Q 2022). Net loss: US$29.8m (down 429% from profit in 2Q 2022). Over the next year, revenue is expected to shrink by 2.4% compared to a 13% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 17% per year. Announcement • Sep 01
Vera Bradley, Inc. Updates Consolidated Earnings Guidance for the Fiscal 2023 Vera Bradley, Inc. updates consolidated earnings guidance for the fiscal 2023. The company expects Consolidated net revenues of $480 to $490 million, compared to Net revenues totaled $540.5 million in Fiscal 2022. Consolidated operating income of $11.6 to $14.5 million compared to $30.1 million in Fiscal 2022. Consolidated diluted EPS of $0.20 to $0.28. Announcement • Aug 06
Vera Bradley, Inc. to Report Q2, 2023 Results on Aug 31, 2022 Vera Bradley, Inc. announced that they will report Q2, 2023 results at 8:00 AM, US Eastern Standard Time on Aug 31, 2022 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €4.52, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Luxury industry in Germany. Total loss to shareholders of 58% over the past three years. Reported Earnings • Jun 09
First quarter 2023 earnings released: US$0.21 loss per share (vs US$0.064 loss in 1Q 2022) First quarter 2023 results: US$0.21 loss per share (down from US$0.064 loss in 1Q 2022). Revenue: US$98.5m (down 9.7% from 1Q 2022). Net loss: US$6.97m (loss widened 225% from 1Q 2022). Over the next year, revenue is expected to shrink by 3.9% compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jun 09
Vera Bradley, Inc. Provides Consolidated Earnings Guidance for the Fiscal 2023 Vera Bradley, Inc. provides consolidated earnings guidance for the fiscal 2023. The company expects Consolidated net revenues of $490 to $505 million. Consolidated operating income of $18.8 to $25.0 million. Consolidated diluted EPS of $0.35 to $0.50. Announcement • Jun 02
Vera Bradley, Inc. Releases A New Limited-Edition Pride Daisies Collection in Celebration of Pride Month Vera Bradley, Inc. has released a new limited-edition Pride Daisies collection in celebration of Pride Month. With a rainbow palette of flower petals, Vera Bradley’s Pride Daisies collection features seven best-selling styles ranging in price from $15 – $120. Styles include a Campus Backpack, Bucket Crossbody Bag, Lunch Bunch, Zip ID Case and Wide Lanyard—all consciously crafted from recycled cotton. A Plush Throw Blanket and Pride-themed Graphic Tee complete the collection.