Vera Bradley (VRA) is a retailer that sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. Over the past five years, the stock has traded fairly consistently at around $10/share. But, as with all retail stocks, the COVID-19 situation sent shares plunging in March. The stock began to recover a bit, but this second wave of virus outbreaks has brought it back down to sub-$5/share levels.
5-yr Stock Chart
Source: Seeking Alpha
On June 3, before market open, VRA announced 1QFY21 results (ended May 2). Sales were down significantly from last