U.S. Markets closed
  • S&P Futures

    3,437.25
    -14.50 (-0.42%)
     
  • Dow Futures

    28,074.00
    -115.00 (-0.41%)
     
  • Nasdaq Futures

    11,617.50
    -46.00 (-0.39%)
     
  • Russell 2000 Futures

    1,625.20
    -10.40 (-0.64%)
     
  • Crude Oil

    39.14
    -0.71 (-1.78%)
     
  • Gold

    1,898.10
    -7.10 (-0.37%)
     
  • Silver

    24.44
    -0.23 (-0.93%)
     
  • EUR/USD

    1.1847
    +0.0021 (+0.1777%)
     
  • 10-Yr Bond

    0.8410
    -0.0070 (-0.83%)
     
  • Vix

    27.55
    -0.56 (-1.99%)
     
  • GBP/USD

    1.3047
    -0.0033 (-0.2531%)
     
  • USD/JPY

    104.7210
    -0.1190 (-0.1135%)
     
  • BTC-USD

    13,034.63
    +17.11 (+0.13%)
     
  • CMC Crypto 200

    260.05
    -1.40 (-0.54%)
     
  • FTSE 100

    5,860.28
    +74.63 (+1.29%)
     
  • Nikkei 225

    23,516.59
    +42.29 (+0.18%)
     

Recap: Vera Bradley Q1 Earnings

Benzinga Insights
·1 min read

Shares of Vera Bradley (NASDAQ:VRA) moved higher by 2.4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 342.86% year over year to ($0.31), which missed the estimate of ($0.11).

Revenue of $69,284,000 declined by 23.87% year over year, which missed the estimate of $109,960,000.

Guidance

Vera Bradley hasn't issued any earnings guidance for the time being.

Vera Bradley hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jun 03, 2020

View more earnings on VRA

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/5n5dthjj

Recent Stock Performance

52-week high: $12.75

52-week low: $3.12

Price action over last quarter: Up 22.89%

Company Description

Vera Bradley Inc designs women's handbags, travel items, and accessories. Each category comprises a substantial component of total sales, with the bags category comprising the most. Most of the company's sales are made directly to customers through Vera Bradley's retail stores and e-commerce sites. The company also has a substantial wholesale business selling to specialty retail and department stores. Almost all company sales are in the United States. Vera Bradley uses third-party manufacturers in Asia to produce its product, and the company distributes the product through its distribution center in Indiana.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.