BUZZ-Handbag firm Vera Bradley falls after quarterly revenue drop
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Handbag firm Vera Bradleysaw its shares drop 21.1% to $2.14 in premarket trading after reporting a 24.9% decline in Q4 net revenue to $99.96 million. The company posted a net loss of $1.69 per share, compared to a loss of 6 cents per share a year earlier. Vera Bradley signed an agreement to sell its Pura Vida business and forecasts FY 2026 net revenue of $280 million, down from $318.8 million in FY 2025. The company acknowledged that its transformation is taking longer than expected, impacting profitability.
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