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Vera Bradley breaks higher after earnings [Seeking Alpha]

VERA BRADLEY (VRA)  More Company Research Source: Seeking Alpha
Last vera bradley earnings: 3/14 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.verabradley.com/investor-relations
PDF Vera Bradley (NASDAQ: VRA ) reports comparable sales fell 4.3% in Q2 vs. -4.2% expected by analysts. E-commerce sales were down 4.9% during the quarter. Gross profit fell 110 bps to 56.3% of sales due in part to a higher level of promotional activity. "We are in the process of refining our business model and strategic plan which will involve taking a much more aggressive approach to turning around our business over the next three years," says CEO Robert Wallstrom. The company expects Q3 revenue of $112M to $117M vs. $120M consensus and EPS of $0.13 to $0.15 vs. $0.16 consensus. Full-year EPS of $0.44 to $0.50 is seen vs. $0.44 consensus. Previously: Vera Bradley beats by $0.03, beats on revenue (Aug. 30) VRA   premarket to $11.55. Now read: Nike: World Class Brand, Amazon Deal Will Provide Compelling Growth For This Dividend Achiever » [Read more]

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