Vera Bradley, Inc. (NASDAQ: VRA) shares sprinted Thursday, on announcing key leadership appointments and its financial results for the fourth quarter and fiscal year ended January 31, 2026.
Consolidated net revenues from continuing operations totaled $84.9 million compared to $86.4 million in the prior year fourth quarter ended February 1, 2025.
Vera Bradley, Inc.’s net income from continuing operations totaled $2.7 million, or $0.09 per diluted share. On a non-GAAP basis, net income from continuing operations totaled $2.5 million, or $0.09 per diluted share.
For the prior year fourth quarter, net loss from continuing operations totaled ($20.0) million, or ($0.72) per diluted share. On a non-GAAP basis, net loss from continuing operations totaled ($5.4) million, or ($0.19) per diluted share.
Consolidated net revenues totaled $269.7 million, compared to $318.8 million for Fiscal 2025.
Net loss from continuing operations totaled ($32.7) million, or ($1.17) per diluted share. GAAP results from continuing operations for the year were significantly affected by a $5.2 million inventory write-down related to a strategic product shift toward cotton and heritage prints, along with a $4.0 million writeoff of television media credits which were acquired to support the Company’s Project Restoration efforts and won’t be fully utilized with the focus on digital and performance marketing. On a non-GAAP basis, net loss from continuing operations totaled ($16.4) million, or ($0.59) per diluted share.
VRA shares acquired 82 cents, or 32.1% to $3.31.
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