Key Developments: Vera Bradley Inc (VRA.O)
21.83USD
19 Jun 2013
$0.06 (+0.28%)
$21.77
$21.81
$22.28
$21.78
723,567
438,087
$31.00
$19.26
Latest Key Developments (Source: Significant Developments)
Vera Bradley Inc Issues Q2 2014 Guidance Below Analysts' Estimates; Lowers FY 2014 Guidance
Vera Bradley Inc announced that for the second quarter of 2014, the Company expects net revenues to be in a range of $123 million to $126 million and diluted earnings per share (EPS) to be in a range of $0.31 to $0.33. For fiscal 2014, the Company expects net revenues to be in a range of $570 million to $575 million and diluted earnings per share (EPS) to be in a range of $1.74 to $1.78. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.56 on revenues of $152 million for the fourth quarter of 2013; EPS of $1.64 on revenues of $530 million for fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.39 on revenues of $136 million for the second quarter of 2014; EPS of $1.81 on revenues of $591 million for fiscal 2014. Full Article
Vera Bradley Inc Announces Michael C. Ray to Retire As Chief Executive Officer
Vera Bradley Inc announced that Michael C. Ray, Chief Executive Officer of Vera Bradley, has informed the Company's Board of Directors that he plans to retire from the Company. The Board has formed a search committee and retained Spencer Stuart to assist in the search for Ray's successor. Ray will remain CEO through the transition period and intends to continue to serve as a director. Full Article
Vera Bradley Inc Reaffirms FY, Q1 2014 Guidance-Conference Call
Vera Bradley Inc announced that it expects net revenues for first quarter 2014 to be between $120 million and $122 million; for fiscal 2014 to be between $585 million to $590 million, and then EPS of $0.20 to $0.22 in the first quarter, and $1.83 to $1.88 for fiscal 2014. Full Article
Vera Bradley Inc Issues Q1, FY 2014 Guidance
Vera Bradley Inc announced that for the first quarter of 2014, the Company expects net revenues to be in the range of $120 to $122 million and diluted earnings per share (EPS) to be in the range of $0.20 to $0.22. For fiscal 2014, the Company expects net revenues to be in the range of $585 to $590 million and diluted earnings per share to be in the range of $1.83 to $1.88. Full Article
Vera Bradley Inc Raises Q4, FY 2013 Guidance; Comments On Q4, FY 2013 Comparable Store Sales Guidance
Vera Bradley Inc announced that for the fourth quarter of 2013, it expects net revenues to be in a range of $149 million to $154 million, compared to the prior range of $147 million to $152 million. Indirect net revenues are expected to grow in the low to mid-single digits versus prior guidance of low-single digits and comparable store sales are expected to be flat compared to the prior year versus previous guidance of low-single digit growth, primarily due to lower-than-expected traffic during the holiday season. Diluted earnings per share are expected to be in a range of $0.56 to $0.58, compared to the prior expected range of $0.55 to $0.57. For fiscal 2013, it expects net revenues to be in a range of $528 million to $533 million. Indirect net revenue growth is expected to be in the low-single digit range and comparable store sales growth is expected to be in the low-single digits. As a result, diluted earnings per share are expected to be in a range of $1.64 to $1.66. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.56 on revenues of $152 million for the fourth quarter of 2013; EPS of $1.64 on revenues of $530 million for fiscal 2013. Full Article
Vera Bradley Inc Announces Resignation Of Chief Financial And Administrative Officer
Vera Bradley Inc announced that Chief Financial and Administrative Officer, has resigned effective to pursue other opportunities.A search for Mr. Blade`s replacement is underway. Kevin Sierks has been appointed interim CFO until a new CFO is appointed. Full Article
Vera Bradley Inc Issues Q4 2013 Guidance Below Analysts' Estimates; Lowers FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance
Vera Bradley Inc announced that for the fourth quarter of 2013, the Company expects net revenues to be in a range of $147 million to $152 million and diluted earnings per share (EPS) to be in a range of $0.55 to $0.57. For fiscal 2013, the Company expects net revenues to be in a range of $526 million to $531 million and diluted earnings per share to be in a range of $1.63 to $1.65. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.60 on revenues of $160 million for the fourth quarter of 2013; EPS of $1.62 on revenues of $535 million for fiscal 2013. Full Article
Vera Bradley Inc Reaffirms FY, Q3 2013 Guidance-Conference Call
Vera Bradley Inc announced that for the third quarter of 2013, it expects total net revenue of $134-$136 million, diluted earnings per share of $0.37 to $0.39. For fiscal 2013, it expects revenues of $531-$536 million and earnings per share of $1.60 to $1.63. Full Article
Vera Bradley Inc Issues Q3 2013 Guidance In Line With Analysts' Estimates; Lowers FY 2013 Guidance
Vera Bradley Inc announced that for the third quarter of fiscal 2013, the Company expects net revenues to be in a range of $134 million to $136 million and diluted earnings per share (EPS) to be in a range of $0.37 to $0.39. For fiscal 2013, the Company expects net revenues to be in a range of $531 million to $536 million and diluted earnings per share (EPS) to be in a range of $1.60 to $1.63. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.39 on revenues of $134 million for the third quarter of 2013; EPS of $1.69 on revenues of $537 million for fiscal 2013. Full Article
Vera Bradley Inc Issues Q2 2013 Guidance; EPS Guidance Below Analysts' Estimates; Lowers FY 2013 Revenue Guidance; Reaffirms FY 2013 EPS Guidance
Vera Bradley Inc announced that for the second quarter of 2013, it expects net revenues to be in a range of $121-$123 million and diluted earnings per share (EPS) is expected to be in a range of $0.34-$0.36. For fiscal 2013, it expects net revenues to be in a range of $535-$540 million, compared to previous guidance of $540-$545 million and diluted earnings per share are still expected to be in a range of $1.68 to $1.71. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.38 on revenues of $123 for the second quarter of 2013; EPS of $1.71 on revenues of $545 for fiscal 2013. Full Article
BRIEF-Vera Bradley shares down 8.2 pct after the bell following results
NEW YORK, March 13 - Vera Bradley Inc : * Shares were down 8.2 percent after the bell following the release of its results.
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