{"id":42610,"date":"2013-03-14T06:17:00","date_gmt":"2013-03-14T06:17:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/vera-bradley-q4-results-beat-streets-estimates-but-outlook-disappoints-shares-fall-in-afterhours-trading-vra\/42600\/"},"modified":"2013-03-14T06:17:00","modified_gmt":"2013-03-14T06:17:00","slug":"vera-bradley-q4-results-beat-streets-estimates-but-outlook-disappoints-shares-fall-in-afterhours-trading-vra","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vera-bradley-q4-results-beat-streets-estimates-but-outlook-disappoints-shares-fall-in-afterhours-trading-vra\/42610\/","title":{"rendered":"Vera Bradley Q4 Results Beat Street\u2019s Estimates but Outlook Disappoints, Shares Fall in Afterhours Trading (VRA)"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p>Vera Bradley (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=VRA\" target=\"_blank\" rel=\"noopener\">NASDAQ: VRA<\/a>) reported late last evening that fiscal fourth-quarter earnings jumped 25% as its top line was bolstered by strong revenue growth from direct-sales; however, shares of designer bag maker fell about 3.50% in aftermarket hours as its outlook on the current quarter and full-year missed analysts\u2019 expectation.<\/p>\n<p><span id=\"more-42610\"><\/span><\/p>\n<p>The Fort Wayne-based Company, whose product line includes rage of offerings such as handbags, accessories and leisure items, has seen its top line growth benefitting from growing share of direct sales in recent quarters.<\/p>\n<p>For the quarter ended February 2, Vera Bradley reported earnings of $25.1 million, or 62 cents a share, compared to a profit of $20.1 million, or 50 cents a share, in the year earlier quarter.<\/p>\n<p>Revenue during the quarter soared 21% to $162.6 million. Sales were also boosted due to one extra sales week during the quarter.<\/p>\n<p>Analysts\u2019 consensus estimate was for earnings of 57 cents on revenue of $153 million. The Company\u2019s results matched with its own earlier guidance of earnings of 56 cents to 58 cents on revenue of $149 million to $154 million.<\/p>\n<p>Gross margin increased to 57.9% from 56.4%. The Company attributed better operations management, reduced costs arising from freights and a favorable channel mix aided by growth in full price stores.<\/p>\n<p>Same-store-sales shrank by 0.4%. While revenue from direct-sales jumped 27%, revenue from indirect-sales (sales through specialty stores) rose 11%.<\/p>\n<p>Overhead expenses surged 24% during the quarter.<\/p>\n<p>For the current quarter, the company expects earnings to be in the range of 20 cents to 22 cents a share on revenue of $120 million to $122 million. Analysts\u2019 consensus estimate was for earnings of 35 cents on revenue of $132 million, according to a data compiled by Thomson Reuters.<\/p>\n<p>For the full-year, Vera Bradley expects earnings to come in the range of $1.83 to $1.88 a share on revenue of $585 million to $590 million. Analysts\u2019 consensus estimate was for earnings of $1.87 a share on revenue of $602 million.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20130317112411\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.4\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fvera-bradley-q4-results-beat-streets-estimates-but-outlook-disappoints-shares-fall-in-afterhours-trading-vra%2F42610&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n<script id=\"mNCC\" language=\"javascript\">  medianet_width='600';  medianet_height= '250';  medianet_crid='814932888';  <\/script>  <script id=\"mNSC\" src=\"https:\/\/web.archive.org\/web\/20130317112411js_\/http:\/\/contextual.media.net\/nmedianet.js?cid=8CUT71M67\" language=\"javascript\"><\/script> \n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-finish-lower-dow-jones-winning-streak-ends\/42722\">\nStocks Finish Lower; Dow Jones\u2019 Winning Streak Ends<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-slightly-up-as-dollar-falls-silver-prices-slip\/42721\">\nGold Prices Slightly Up as Dollar Falls; Silver Prices Slip<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-hover-in-red-territory-3\/42719\">\nStocks Hover in Red Territory<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/forex-market-update-dollar-down-against-euro-and-yen\/42718\">\nForex Market Update: Dollar Down Against Euro and Yen<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/u-s-stocks-slip-in-early-trading-2\/42670\">\nU.S. Stocks Slip in Early Trading<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/krispy-kreme-doughnuts-lifts-earnings-outlook-but-shares-fall-kkd\/42663\">\nKrispy Kreme Doughnuts Lifts Earnings Outlook But Shares Fall (KKD)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-around-1590-an-ounce-mark-silver-prices-gain\/42657\">\nGold Prices Around $1,590 an Ounce Mark, Silver Prices Gain<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20130317112411im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n\n<!--script type=\"text\/javascript\">\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\n<\/script>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script-->\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vera Bradley (NASDAQ: VRA) reported late last evening that fiscal fourth-quarter earnings jumped 25% as its top line was bolstered [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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