Actions of Vera bradley (NASDAQ: VRA) was unchanged after the corporate’s fourth quarter earnings launch.
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.
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
52 week excessive: $ 11.21
Firm low in 52 weeks was $ 3.12
Value motion within the final quarter: + 51.72%
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.