Loading...
•
May 02, 2020
Vera Bradley Q1 2021 Earnings Report
Reported a net loss for the quarter and took proactive actions to address the COVID-19 crisis.
Key Takeaways
Vera Bradley, Inc. reported a decrease in consolidated net revenues by 23.9% to $69.3 million, which included $21.2 million from Pura Vida. The company experienced a net loss of $15.3 million, or $0.66 per diluted share, which included $5.1 million of net after-tax charges.
Consolidated net revenues totaled $69.3 million, a decrease of 23.9% over the prior year.
Vera Bradley net revenues totaled $48.1 million, a 47.2% decrease from the prior year.
Consolidated net loss totaled ($15.3) million, or ($0.66) per diluted share.
First quarter e-commerce sales included in Direct segment revenues increased 20.5% over last year.
Revenue by Segment
Forward Guidance
The uncertainties surrounding COVID-19 make Fiscal 2021 financial performance extremely difficult to predict. As a result, the Company is not providing forward-looking guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...