Last $24.00 USD
Change Today +0.06 / 0.25%
Volume 629.9K
VRA On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 1:29 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

vera bradley inc (VRA) Snapshot

Open
$23.95
Previous Close
$23.94
Day High
$24.18
Day Low
$23.83
52 Week High
05/8/14 - $30.00
52 Week Low
08/15/14 - $18.75
Market Cap
973.3M
Average Volume 10 Days
970.2K
EPS TTM
$1.27
Shares Outstanding
40.7M
EX-Date
--
P/E TM
18.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for VERA BRADLEY INC (VRA)

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vera bradley inc (VRA) Details

Vera Bradley, Inc., through its subsidiaries, designs, produces, markets, and retails functional accessories for women. Its products include handbags; totes and specialty bags, including crossbodies, baby bags, backpacks, and laptop portfolios; technology accessories and fashion accessories, such as wallets, wristlets, eyeglass cases, cosmetics cases, and paper and gift products; and travel and leisure products comprising duffel bags, garment bags, rolling luggage, and travel accessories, such as travel cosmetic cases. The company sells its products under the Vera Bradley brand to approximately 3,100 specialty retailers located in the United States, as well as department stores and third party e-commerce sites. As of February 1, 2014, it sold Vera Bradley products through its 84 full-price and 15 outlet stores in the United States; 13 department store locations in Japan; its Websites, verabradley.com and verabradley.co.jp; and its annual outlet in Fort Wayne, Indiana. Vera Bradley, Inc. was founded in 1982 and is headquartered in Fort Wayne, Indiana.

2,900 Employees
Last Reported Date: 04/2/14
Founded in 1982

vera bradley inc (VRA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $173.1K
Co-Founder, Chief Creative Officer and Direct...
Total Annual Compensation: $465.9K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $244.2K
Executive Vice President of Strategy & Operat...
Total Annual Compensation: $351.6K
Executive Vice President of Design
Total Annual Compensation: $418.3K
Compensation as of Fiscal Year 2014.

vera bradley inc (VRA) Key Developments

Vera Bradley Introduces Collection of Leather and Faux Leather Handbags and Accessories

Vera Bradley will introduce a collection of leather and faux leather handbags and accessories. The company, who for over 30 years has specialized in colorful handbags, accessories, gifts, travel bags, and stationery, looks to attract new customers and grow with current customers by providing additional style options for career, social and everyday occasions. The launch begins a new chapter for Vera Bradley, as the collection suits the customer searching for the perfect bag to fit her busy lifestyle. A new campaign, #TogetherInStyle, invites customers to photograph, tag, and share their experiences of being together in Vera Bradley style on social media. Fans are encouraged to post photos of shared moments with family and friends, such as cocktail hour, 'pedi's' with girlfriends and mother/daughter shopping excursions. The leather collection is offered in six styles including a wallet, wristlet, crossbody, backpack, satchel and tote. The collection is available in black, taupe and burnt orange. The faux leather collection is available in eight styles including an envelope card case, wristlet, accordion wallet, envelope, crossbody, backpack, satchel and tote. The collection comes in black, fuchsia, green and cobalt. Remaining true to the brand's signature bold colors and designs, the new collections feature fun, colorful patterned linings in all leather and faux leather styles.

Vera Bradley, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 2, 2014; Provides Earnings Guidance for the Third Quarter of Fiscal 2015 and Fiscal Year 2015

Vera Bradley, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended August 2, 2014. For the quarter, net revenues totaled $120.1 million for the current year second quarter, compared to $125.4 million in the prior year second quarter ended August 3, 2013. Net income totaled $7.6 million, or $0.19 per basic and diluted share, for the current year second quarter compared to net income of $15.0 million, or $0.37 per basic and diluted share, in the prior year second quarter. Operating income totaled $12.8 million, or 10.6% of net revenues, in the current year second quarter, compared to operating income of $24.1 million, or 19.2% of net revenues, in the prior year second quarter. Income before income taxes was $12,737,000 compared to $23,985,000 a year ago. For the six months ended August 2, 2014, net revenues totaled $233.6 million, compared to $248.4 million in the prior year six months ended August 3, 2013. Net income totaled $14.2 million, or $0.35 per basic and diluted share, for the current year six month period compared to net income of $24.1 million, or $0.59 per basic and diluted share, in the comparable prior year period. Operating income totaled $23.6 million, or 10.1% of net revenues, in the current year six-month period, compared to operating income of $39.3 million, or 15.8% of net revenues, in the prior year period. Cash flow from operations totaled $32.8 million, compared to $27.0 million for the same period last year. The improvement was driven primarily by a reduction in inventory levels. Income before income taxes was $23,447,000 compared to $39,034,000 a year ago. Purchases of property, plant, and equipment were $12,231,000 compared to $11,976,000 a year ago. For the third quarter of fiscal 2015, on a continuing operations basis, the company expects net revenues to be in the range of $123 million to $128 million compared to prior year third quarter revenues of $128.9 million. The gross margin rate to range from 52.0% to 53.0% compared to 55.2% in the prior year third quarter. Diluted earnings per share from continuing operations to be in the range of $0.18 to $0.20, based on diluted weighted-average shares outstanding of 40.7 million and an effective tax rate of 36.5%. Diluted earnings per share from continuing operations totaled $0.39 in the prior year third quarter. For fiscal 2015, on a continuing operations basis, the company expects net revenues to be in the range of $520 million to $530 million compared to $530.9 million last year. The gross margin rate to range from 52.5% to 53.5% compared to 55.0% last year. Diluted earnings per share from continuing operations to be in the range of $1.00 to $1.10, based on diluted weighted-average shares outstanding of 40.7 million and an effective tax rate of 38.5%. Diluted earnings per share from continuing operations totaled $1.48 last year. Net capital spending expects to be approximately $40 million.

Vera Bradley, Inc., Q2 2015 Earnings Call, Sep 10, 2014

Vera Bradley, Inc., Q2 2015 Earnings Call, Sep 10, 2014

 

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VRA

Industry Average

Valuation VRA Industry Range
Price/Earnings 19.7x
Price/Sales 1.8x
Price/Book 3.6x
Price/Cash Flow 19.7x
TEV/Sales 1.7x
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