Vera Bradley (VRA)
NASDAQ:VRA
Earnings Data
Report Date
Jun 10, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
-0.33Last Year’s EPS
-0.36Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive and optimistic tone: management highlighted meaningful operational progress (Q4 profitability, gross margin expansion, $17M operating cash flow, substantial SG&A reductions, inventory declines and product/marketing momentum) while acknowledging remaining challenges such as modest year-over-year revenue declines, inventory overhang from prior initiatives, low inventory turns and a still-negative full-year cash flow. Management provided FY'27 revenue guidance and targets for improved rates and operating loss reduction, but emphasized that transformation work and execution risk remain over the next 6–12 months.Company Guidance
Return to Quarterly Profitability
Q4 net income of $2.5 million and EPS of $0.09, a positive year-over-year swing of $0.28 from a prior-year loss of $0.19 per share; Q4 operating income of $3.6 million (4.2% of net revenues) versus an operating loss of $7.3 million in the prior-year quarter.
Sequential Improvement in Direct Channel
Direct (DTC) revenue in Q4 was $74.5 million, down 2.6% year-over-year, but represented the third consecutive quarter of sequential improvement; management reported a 270 basis-point improvement from Q3 and nearly 1,400 basis points improvement from Q2, and Q1 fiscal '27 Direct channel revenue is tracking positive.
Consolidated Q4 Revenue and Indirect Growth
Consolidated Q4 revenues of $84.9 million versus $86.4 million last year (down 1.7%); Indirect (wholesale) revenue grew 4.9% to $10.4 million driven by a large wholesale spring collaboration.
Gross Margin Expansion
Reported gross margin improved by approximately 100 basis points year-over-year to 47.8% of net revenues (Q4 gross margin dollars $40.5 million versus $40.4 million prior year), driven by lower promotional intensity, inventory reserve adjustment and freight savings.
Material SG&A and Cost Reductions
SG&A decreased by $10.6 million year-over-year to $37.3 million, a favorable decline of 22% versus the prior-year quarter, reflecting continued cost reduction initiatives and reduced marketing and lease costs.
Strong Q4 Operating Cash Flow and Balance Sheet Actions
Generated $17 million in operating cash flow in Q4, used to pay off the ABL facility; no borrowings at year-end and cash & cash equivalents of $18.5 million, improving financial flexibility.
Inventory Reduction and Productivity Improvements
Quarter-end inventory decreased nearly 17% to $76.0 million from $91.4 million a year ago (approximately 22% reduction excluding ~$4.2 million tariff impact); inventory turns improved to 1.6 from 1.5 year-over-year.
Product and Marketing Momentum
Merchandising progress: 20% of the assortment influenced in Q4 with positive results and ~80% of spring assortment influenced; brand channels posted a second consecutive quarter of strong double-digit positive comps; improved return on ad spend, higher e-mail open rates and scaled paid social performance despite lower overall marketing spend.
Outlet 2.0 Pilot Showing Positive KPIs
Outlet 2.0 pilot (35% SKU reduction, elevated visual merchandising and curated assortment) delivered measurable improvements vs control in overall sales, conversion rate, average spend and gross profit per visitor; management plans selective rollouts pending refinements.
FY'27 Guidance and Operational Targets
Provided FY 2027 sales guidance of $255 million to $270 million; company expects year-over-year rate improvement in gross profit and SG&A and targets operating loss improvement of 40%+ versus adjusted FY'26 operating loss of $21.7 million.
VRA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $2.49 | $3.38 | +35.74% |
Dec 11, 2025 | $2.15 | $1.80 | -16.28% |
Sep 11, 2025 | $2.28 | $2.10 | -7.89% |
Jun 11, 2025 | $2.35 | $1.90 | -19.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vera Bradley (VRA) report earnings?
Vera Bradley (VRA) is schdueled to report earning on Jun 10, 2026, Before Open (Confirmed).
What is Vera Bradley (VRA) earnings time?
Vera Bradley (VRA) earnings time is at Jun 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VRA EPS forecast?
VRA EPS forecast for the fiscal quarter 2027 (Q1) is -0.33.