What does Vera Bradley do and what are its main business segments?

What guidance did Vera Bradley's management provide for the next earnings period?

Did Vera Bradley beat or miss consensus estimates last quarter?

What is the revenue and EPS growth rate for Vera Bradley year over year?

What is the market's earnings forecast for Vera Bradley next quarter?

What is Vera Bradley's latest dividend and current dividend yield?

What is Vera Bradley's gross profit margin?

What factors drove the changes in Vera Bradley's revenue and profit?

- **Revenue decline but improving trends**: 25% YoY drop but sequential sales growth.
- **Strategic product wins**: Iconic 100 bag launch and social media follower growth (+23% new vb.com customers).
- **Financial challenges**: $0.5M net loss vs. $2.6M profit last year, but 49.9% gross margin.
- **Tariff impact**: $11M annual cost requiring operational adjustments.
- **Key initiatives**: Omnichannel alignment, outlet store upgrades, and organizational restructuring.

**【CEO Summary Section】**
- Vera Bradley reported Q2 revenue of $70.9 million, down 25% year-over-year, but showed sequential improvement in comparable store sales across all channels.
- The company launched a successful back-to-school collection, including a best-selling extra-large backpack and Disney/Peanuts collaborations, with the Gilmore Girls capsule selling out in 5 minutes.
- Five strategic initiatives were outlined:
  1. **Sharpened Brand Focus**: Reintroducing iconic products like the Vera Tote and heritage prints, expanding cotton offerings, and launching the 100 bag reissue in October.
  2. **Omnichannel Strategy**: Aligning promotions across digital and physical channels to reduce discounting and improve margins.
  3. **Outlet 2.0**: Piloting elevated outlet store experiences with full-price products and improved merchandising.
  4. **Operating Model Efficiency**: Streamlining processes and reducing SG&A expenses by 51.2% of revenue.
  5. **Organizational Restructuring**: Redesigning talent and leadership to support growth initiatives.
- The search for a new CEO is ongoing with promising candidates.

**【CFO Financial Commentary】**
- Q2 net loss was $0.5 million, compared to $2.6 million profit last year. Gross margin improved to 49.9%, while SG&A decreased to 51.2% of revenue.
- Inventory decreased 13.2% to $96.7 million, with plans to optimize SKU assortments.
- Tariffs are estimated to cost $11 million annually, with mitigation efforts underway.
- No financial guidance provided due to ongoing transformation.

VRA

VRA fundamentals

You can ask Aime