Reported about 4 hours ago
Vera Bradley's stock fell after the company reported a 24.6% drop in second-quarter fiscal 2026 revenue, totaling $70.9 million, which was below analysts' expectations. Despite narrowing its adjusted net loss, the significant revenue shortfall and a 17.3% decline in comparable sales alarmed investors. The company is addressing this by closing underperforming stores and revamping product lines to reconnect with customers and drive future growth.
Source: YAHOO