Vera Bradley: Fourth Quarter Outcomes Snapshot

Actions of Vera bradley (NASDAQ: VRA) was unchanged after the corporate’s fourth quarter earnings launch.

Quarterly outcomes

Earnings per share fell 26.19% over the previous yr to $ 0.31, which missed the estimate by $ 0.39.

Income of $ 142,369,000 was down 9.27% ​​from the identical interval final yr, which missed the estimate of $ 152,380,000.

Outlook

EPS for the approaching yr is anticipated to be between $ 0.80 and $ 0.90.

Revenues for the approaching yr are anticipated to be between $ 550,000,000 and $ 575,000,000.

Convention name particulars

Date: March 10, 2021

Time: 9:30 a.m.

Webcast URL AND: https://edge.media-server.com/mmc/p/633vt28j

Value motion

52 week excessive: $ 11.21

Firm low in 52 weeks was $ 3.12

Value motion within the final quarter: + 51.72%

Firm presentation

Vera Bradley Inc designs purses, journey items and equipment for ladies. Every class features a substantial portion of whole gross sales, with the baggage class comprising probably the most. A lot of the firm’s gross sales are made on to prospects by Vera Bradley’s retail shops and e-commerce websites. The corporate additionally has a big wholesale enterprise to specialty retailers and department shops. Virtually the entire enterprise gross sales are made in the US. Vera Bradley makes use of third-party producers in Asia to fabricate its product, and the corporate distributes the product by its distribution middle in Indiana.