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home / news releases / VRA - Vera Bradley: Project Restoration Promising But Looking For Net Revenue Growth

VRA - Vera Bradley: Project Restoration Promising But Looking For Net Revenue Growth

Vera Bradley Inc.

2024-06-18 02:50:40 ET

Summary

  • Vera Bradley has seen a dip in net revenues in the most recent quarter.
  • VRA's Project Restoration initiative seems prudent and has the capacity to allow for a longer-term rebound in growth.
  • That said, I take the view that net sales and earnings need to rebound to justify upside from here.

Investment Thesis

I rate Vera Bradley ( VRA ) as a Hold at this time, but take the view that the company does have the potential for a longer-term rebound....

For further details see:

Vera Bradley: Project Restoration Promising, But Looking For Net Revenue Growth
Stock Information
Company Name: Vera Bradley Inc.
Stock Symbol: VRA
Market: NASDAQ
Website: verabradley.com
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