Earnings ·
Vera Bradley reported second quarter fiscal 2027 results with consolidated net revenues of $71.6 million, a 1.1%…
VRAVera Bradley, Inc.
Vera Bradley reported second quarter fiscal 2027 results with consolidated net revenues of $71.6 million, a 1.1% increase from the prior year period. The company recorded GAAP net income of $4.5 million, or $0.15 per diluted share, compared to a net loss of ($4.7) million in the same quarter last year. Direct segment sales grew 8.0% to $65.4 million, driven by a 9.2% increase in comparable sales. Gross profit improved significantly to $42.8 million, aided by $7.7 million in tariff refunds. The company maintained its full-year fiscal 2027 sales guidance of $255 million to $270 million and anticipates operating loss improvement of at least 50% year-over-year. Vera Bradley operates in the fashion accessories industry, designing and selling women's handbags, luggage, travel items, and home accessories.