Vera Bradley 10-K: Revenue $269.7M, EPS $(1.71)

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2026.03.27 17:45
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Vera Bradley reported fiscal 2026 net revenues of $269.7 million, a 15.4% decline from the previous year, with a basic net loss per share of $(1.71). Gross profit decreased to $125.0 million, and the gross margin fell to 46.4%. The operating loss from continuing operations widened to $(31.9) million, while the net loss improved to $(47.8) million compared to $(62.2) million last year. The decline in revenues was attributed to lower store and indirect channel sales, despite initiatives to boost brand relevance and strategic inventory adjustments.