Vera Bradley Q2 2025 Earnings Report
Key Takeaways
Vera Bradley, Inc. announced its Q2 fiscal year 2025 results, with consolidated net revenues totaling $110.8 million and net income of $5.7 million, or $0.19 per diluted share. The company's balance sheet remains strong with $44.1 million in cash and no debt. The company successfully launched the first phase of Project Restoration, with elevated brand marketing, product, store design and website.
Consolidated net revenues totaled $110.8 million.
Net income totaled $5.7 million, or $0.19 per diluted share.
Non-GAAP net income totaled $3.9 million, or $0.13 per diluted share.
Cash and cash equivalents totaled $44.1 million with no debt.
Vera Bradley
Vera Bradley
Vera Bradley Revenue by Segment
Forward Guidance
The Company’s expectations for fiscal year 2025 include consolidated net revenues of approximately $410 million and consolidated diluted EPS of approximately $0.10.
Positive Outlook
- Product margin improvements
- Lower supply chain costs
- Decreased variable costs
- Continued structural cost reductions
- Six new outlet store openings
Challenges Ahead
- Increased shipping costs
- Increased promotional cadence in our direct segments
- Increased liquidation sales
- Revenues for the back half of the year are expected to be down in the low-teen range
- Sequential improvement in Q4 over Q3
Revenue & Expenses
Visualization of income flow from segment revenue to net income