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Aug 03, 2024
Vera Bradley Q2 2025 Earnings Report
Reported a decrease in consolidated net revenues and net income compared to the prior year, while initiating Project Restoration.
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.
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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