---
title: "Vera Bradley 10-K: Revenue $269.7M, EPS $(1.71)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280831670.md"
description: "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."
datetime: "2026-03-27T17:45:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280831670.md)
  - [en](https://longbridge.com/en/news/280831670.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280831670.md)
---

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

Vera Bradley reported fiscal 2026 net revenues of $269.7 million, a 15.4% decline from the prior year, and a basic net loss per share of $(1.71) as continuing operations loss per share was $(1.17). Gross profit decreased to $125.0 million with a gross margin of 46.4%, while operating loss from continuing operations widened to $(31.9) million and net loss narrowed to $(47.8) million versus $(62.2) million in the prior year. The results reflect lower store and indirect channel sales alongside cost and inventory actions taken during the year.

**Financial Highlights**

-   **Net revenues**: $269.7 million, decreased 15.4% vs prior year.
-   **Gross profit**: $125.0 million, decreased 21.3% vs prior year; gross margin 46.4% (prior year 49.8%).
-   **Operating (loss) income from continuing operations**: $(31.9) million, operating loss widened vs prior year.
-   **Net (loss) income**: $(47.8) million, improved versus prior year net loss of $(62.2) million.
-   **Basic net (loss) income per share**: $(1.71); continuing operations per share: $(1.17). Diluted per‑share amounts were the same as basic.

**Business Highlights**

-   **Revenue trend and channels**: Net revenues declined about 15% year over year, driven by lower store and indirect channel sales; the Direct segment remained the dominant channel, representing 84.5% of sales with e‑commerce up slightly while outlet store traffic and conversion fell.
-   **Brand and product initiatives**: Launched Project Sunshine and expanded partnerships including collaborations with Anthropologie, Disney, Harry Potter and Peanuts to boost brand relevance.
-   **Store and workforce actions**: Implemented Outlet 2.0, closed a net 13 stores while opening 2 full‑line stores, and executed headcount reductions as part of targeted cost‑reduction measures.
-   **Inventory and assortment strategy**: Took a $5.2 million inventory write‑down to support a strategic product shift toward cotton and heritage prints and realign assortments.

Original SEC Filing: Vera Bradley, Inc. \[ VRA \] - 10-K - Mar. 27, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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