Vera Bradley Swings to 4Q Profit, Taps Exec Chair for CEO -- Update

Dow Jones

03/12

By Nicholas G. Miller

Vera Bradley swung to a fourth-quarter profit, which it said reflected meaningful progress in its business transformation, and appointed its executive chairman as CEO.

The company on Thursday reported net income of $2.66 million, or 9 cents a share, compared with a loss of $47 million, or $1.69 a share, the year prior.

Revenue fell to $84.9 million from $86.4 million.

The company guided for fiscal 2027 revenue of $255 million to $270 million.

Vera Bradley also appointed Ian Bickley, who has served as executive chairman for the past eight months, as its new chief executive. It named Chief Financial Officer Martin Layding as chief operating and financial officer.

"We are seeing encouraging signs of stabilization," Bickley said.

Shares jumped 38% to $3.44.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 12, 2026 10:14 ET (14:14 GMT)

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It named Chief Financial Officer Martin Layding as chief operating and financial officer. \n</p>\n<p>\n  \"We are seeing encouraging signs of stabilization,\" Bickley said. \n</p>\n<p>\n  Shares jumped 38% to $3.44. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. 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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/VRA\">Vera Bradley</a> swung to a fourth-quarter profit, which it said reflected meaningful progress in its business transformation, and appointed its executive chairman as CEO. \n</p>\n<p>\n  The company on Thursday reported net income of $2.66 million, or 9 cents a share, compared with a loss of $47 million, or $1.69 a share, the year prior. \n</p>\n<p>\n  Revenue fell to $84.9 million from $86.4 million. \n</p>\n<p>\n  The company guided for fiscal 2027 revenue of $255 million to $270 million. \n</p>\n<p>\n  Vera Bradley also appointed Ian Bickley, who has served as executive chairman for the past eight months, as its new chief executive. It named Chief Financial Officer Martin Layding as chief operating and financial officer. \n</p>\n<p>\n  \"We are seeing encouraging signs of stabilization,\" Bickley said. \n</p>\n<p>\n  Shares jumped 38% to $3.44. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 12, 2026 10:14 ET (14:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VRA","symbol_name":"Vera Bradley","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618306811","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618306811","pubTimestamp":1773324840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Vera Bradley swung to a fourth-quarter profit, which it said reflected meaningful progress in its business transformation, and appointed its executive chairman as CEO.The company on Thursday reported net income of $2.66 million, or 9 cents a share, compared with a loss of $47 million, or $1.69 a share, the year prior.Revenue fell to $84.9 million from $86.4 million.The company guided for fiscal 2027 revenue of $255 million to $270 million.Vera Bradley also appointed Ian Bickley, who has served as executive chairman for the past eight months, as its new chief executive. 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Miller \n\n\n \n\n\nVera Bradley swung to a fourth-quarter profit, which it said reflected meaningful progress in its business transformation, and appointed its executive chairman as CEO. \n\n\n  The company on Thursday reported net income of $2.66 million, or 9 cents a share, compared with a loss of $47 million, or $1.69 a share, the year prior. \n\n\n  Revenue fell to $84.9 million from $86.4 million. \n\n\n  The company guided for fiscal 2027 revenue of $255 million to $270 million. \n\n\n  Vera Bradley also appointed Ian Bickley, who has served as executive chairman for the past eight months, as its new chief executive. It named Chief Financial Officer Martin Layding as chief operating and financial officer. \n\n\n  \"We are seeing encouraging signs of stabilization,\" Bickley said. \n\n\n  Shares jumped 38% to $3.44. \n\n\n \n\n\n  Write to Nicholas G. 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