Vera Bradley Announces Fourth Quarter and Fiscal Year 2021 Results
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Vera Bradley (VRA) Misses Q4 EPS by 8c, Revenues Miss; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Guidance Above Consensus
March 10, 2021 8:08 AM ESTVera Bradley (NASDAQ: VRA) reported Q4 EPS of $0.31, $0.08 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $142.37 million versus the consensus estimate of $152.38 million.
Rob Wallstrom, Chief Executive Officer of the Company, noted, I am proud of how our organization navigated through the last year. Our extraordinary culture has allowed us to not only persevere through the crisis, but it has made us stronger. In spite of an extremely challenging overall retail environment and a very difficult handbag and accessories market in particular, we delivered some best-in-class operating results.... More
