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0.00183486238532106 0.0146788990825688 0.0422018348623854 0.0660550458715597 0.0733944954128441 0.0229357798165138 0.0110091743119267 0.0403669724770642
Stock impact report

Vera Bradley shares slip after earnings miss [MarketWatch]

Vera Bradley, Inc. (VRA) 
Last vera bradley, inc. earnings: 3/11 08:00 am Check Earnings Report
Company Research Source: MarketWatch
Vera Bradley shares slip after earnings miss Vera Bradley Inc. VRA, -14.71% stock fell 1.4% in Wednesday premarket trading after the accessories company reported fourth-quarter earnings and revenue that missed expectations. Net income totaled $12.5 million, or 37 cents per share, up from $8.6 million, or 25 cents per share, for the same period last year. Adjusted EPS of 42 cents missed the FactSet consensus of 52 cents. Revenue of $156.9 million was up from $118.2 million last year but below the $160 million FactSet outlook. Same-store sales rose 2.4%, exceeding the FactSet consensus for 2% growth. Vera Bradley's results include the additional majority stake in Pura Vida Bracelets, an accessories company. The stake was announced in June 2019 . "Our promotional cadence was in line with last year, but our customers focused their spend during promotional and clearance periods, which resulted in reduced gross margin across both brands," said Rob Wallstrom, Vera Bradley's chief executiv Show less Read more
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