VRA: Direct segment growth and margin gains drive improved profitability and strong cash position
Second quarter revenue grew 1.1% year-over-year, with strong Direct segment performance and improved gross margin, aided by tariff refunds. Inventory declined 28%, cash doubled, and guidance for at least 50% operating profit improvement was reiterated.Based on Vera Bradley, Inc. [VRA] Q2 2027 Audio…
1% year-over-year, with strong Direct segment performance and improved gross margin, aided by tariff refunds. Based on Vera Bradley, Inc. [VRA] Q2 2027 Audio…