Vera Bradley, Inc. VRA
Vera Bradley is a leading designer of women's handbags, luggage and travel items, fashion and home accessories, and unique gifts. Founded in 1982 by friends Barbara Bradley Baekgaard and Patricia R. Miller, the brand is known for its innovative designs, iconic patterns, and brilliant colors that inspire and connect women.
On March 11, 2025, the Company entered into an Interest Purchase Agreement (the "Agreement") to sell one hundred percent (100%) of Creative Genius, Inc., ("Creative Genius") which operates under the name Pura Vida Bracelets. The sale consummated on March 31, 2025. As a result, the operations of Pura Vida have been classified as discontinued operations in the consolidated financial statements in accordance with ASC 205-20, Discontinued Operations. Prior period amounts have been retrospectively adjusted to conform to the current period presentation. Unless otherwise specified, disclosures in these consolidated financial statements reflect continuing operations only. Certain prior period data, primarily related to discontinued operations, have been reclassified in the Consolidated Financial Statements and accompanying notes to conform to the current period presentation.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $269.7M | $318.8M | $383.7M | $500.0M | $540.5M | $468.3M | $495.2M | $416.1M | $454.6M | $485.9M |
| Cost of revenue | $144.6M | $160.0M | $179.7M | $261.0M | $252.5M | $202.8M | $223.4M | $177.5M | $200.6M | $209.9M |
| Gross profit | $125.0M | $158.8M | $204.0M | $238.9M | $287.9M | $265.5M | $271.8M | $238.6M | $254.0M | $276.0M |
| SG&A | $158.1M | $188.5M | $193.2M | $265.0M | $262.0M | $252.6M | $253.4M | $212.0M | $239.8M | $249.2M |
| Operating income | -$31.9M | -$28.8M | $11.6M | -$94.9M | $26.9M | $13.1M | $19.5M | $27.1M | $15.0M | $28.2M |
| Interest expense | $462.0K | $752.0K | $661.0K | $153.0K | $263.0K | $1.2M | $1.1M | $1.1M | $413.0K | $178.0K |
| Pre-tax income | -$32.4M | -$28.0M | $12.3M | -$95.0M | $26.6M | $11.9M | $20.6M | $28.2M | $15.4M | $28.0M |
| Income tax | $303.0K | $5.3M | $3.7M | $15.6M | $6.4M | $1.2M | $5.3M | $7.5M | $8.4M | $8.3M |
| Net income | -$47.8M | -$62.2M | $7.8M | -$59.7M | $17.8M | $8.7M | $16.0M | $20.8M | $7.0M | $19.8M |
| EPS, basic | -1.71 | -2.15 | 0.25 | -1.90 | 0.53 | 0.26 | 0.47 | 0.59 | 0.20 | 0.54 |
| EPS, diluted | -1.71 | -2.15 | 0.25 | -1.90 | 0.52 | 0.26 | 0.47 | 0.59 | 0.19 | 0.53 |
| Shares, diluted (wtd. avg.) | 27.9M | 28.9M | 31.3M | 31.5M | 34.4M | 33.9M | 34.3M | 35.5M | 36.0M | 37.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $18.5M | $28.6M | $77.3M | $46.6M | $88.4M | $64.2M | $49.9M | $113.5M | $68.8M | $86.4M |
| Short-term investments | — | — | — | — | $0 | $1.3M | $9.0M | $19.4M | $54.1M | $30.2M |
| Receivables | $17.3M | $13.8M | $17.1M | $22.1M | $20.7M | $27.5M | $24.3M | $15.6M | $15.6M | $23.3M |
| Inventory | $76.0M | $91.4M | $118.3M | $142.3M | $144.9M | $141.4M | $123.6M | $91.6M | $87.8M | $102.3M |
| Total current assets | $119.7M | $164.9M | $226.0M | $226.6M | $279.3M | $259.7M | $218.8M | $252.5M | $242.0M | $255.6M |
| Property, plant and equipment | $46.4M | $52.6M | $54.3M | $58.7M | $59.9M | $64.0M | $73.0M | $78.0M | $86.5M | $101.6M |
| Goodwill | — | — | — | $0 | $44.3M | $44.3M | $44.3M | $0 | — | — |
| Other intangibles | — | $0 | $7.6M | $15.9M | $44.2M | $47.3M | $56.3M | $0 | — | — |
| Total assets | $234.0M | $306.7M | $380.8M | $404.5M | $517.5M | $513.8M | $535.1M | $362.1M | $350.7M | $373.5M |
| Accounts payable | $16.2M | $17.2M | $14.2M | $20.4M | $30.5M | $27.1M | $20.2M | $14.6M | $13.5M | $32.6M |
| Total current liabilities | $50.5M | $58.0M | $58.3M | $67.7M | $78.1M | $77.4M | $87.4M | $43.6M | $40.3M | $62.5M |
| Total liabilities | $102.4M | $127.7M | $120.9M | $142.4M | $159.1M | $169.1M | $201.2M | $67.4M | $65.4M | $89.7M |
| Retained earnings | $172.4M | $220.3M | $282.5M | $274.6M | $334.4M | $316.5M | $307.4M | $292.0M | $270.8M | $263.8M |
| Total equity | $131.6M | $179.0M | $259.9M | $251.4M | $327.4M | $314.9M | $303.8M | $294.7M | $285.3M | $283.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10.0M | -$14.1M | $48.0M | -$13.4M | $39.9M | $20.7M | $20.6M | $43.6M | $42.6M | $65.2M |
| Depreciation and amortisation | $7.8M | $8.5M | $8.0M | $8.9M | $9.3M | $13.5M | $18.4M | $16.5M | $19.6M | $19.5M |
| Stock-based compensation | $870.0K | $3.7M | $2.9M | $3.2M | $4.9M | $5.7M | $5.9M | $4.9M | $3.1M | $4.0M |
| Capital expenditure | $3.3M | $10.4M | $3.8M | $8.2M | $5.5M | $5.7M | $13.3M | $8.1M | $11.8M | $20.8M |
| Investing cash flow | -$1.5M | -$10.4M | -$13.8M | -$8.2M | -$4.2M | $17.7M | -$70.0M | $18.0M | -$51.6M | -$50.8M |
| Financing cash flow | -$233.0K | -$22.5M | -$3.5M | -$20.1M | -$11.4M | -$24.1M | -$14.3M | -$16.8M | -$8.6M | -$25.7M |
| Buybacks | $0 | $21.8M | $2.2M | $18.1M | $7.7M | $3.1M | $11.3M | $16.1M | $7.9M | $25.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-176477.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $485.9M | $454.6M | $416.1M | $495.2M | $468.3M | $540.5M | $500.0M | $383.7M | $318.8M | $269.7M |
| Gross profit | $276.0M | $254.0M | $238.6M | $271.8M | $265.5M | $287.9M | $238.9M | $204.0M | $158.8M | $125.0M |
| Net income | $19.8M | $7.0M | $20.8M | $16.0M | $8.7M | $17.8M | -$59.7M | $7.8M | -$62.2M | -$47.8M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Officer or director change Item 5.02
- Results announced Item 2.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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