Vera Bradley traded at $2.64 this Friday February 27th, decreasing $0.11 or 4.00 percent since the previous trading session. Looking back, over the last four weeks, Vera Bradley lost 11.86 percent. Over the last 12 months, its price fell by 19.51 percent. Looking ahead, we forecast Vera Bradley to be priced at 2.75 by the end of this quarter and at 2.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Vera Bradley, Inc. is a designer of women’s handbags, luggage and other travel items, fashion and home accessories, and gifts. The Company operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The VB Direct segment consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States; verabradley.com; the Vera Bradley online outlet site; and the Vera Bradley annual outlet sale in Fort Wayne, Indiana. The VB Indirect segment consists of sales of Vera Bradley products to approximately 2,000 specialty retail locations, as well as department stores, national accounts, third-party e-commerce sites, and third-party inventory liquidators. The Pura Vida segment represents revenues generated through the Pura Vida websites, www.puravidabracelets.com, www.puravidabracelets.eu, and www.puravidabracelets.ca, and through the distribution of Pura Vida-branded products to wholesale retailers.