Flash Report 2 minutesRegister for Free AccessVera Bradley (VRA) 1Q17 Results: Beats on EPS, but Revenues Are Light Coresight Research June 1, 2016 Executive Summary Vera Bradley reported fiscal 1Q17 EPS of $0.06 versus the consensus estimate of $0.05. Total revenues were $105.2 million versus consensus of $106.6 million. Direct sales were $72.9 million, below consensus of $77.8 million, while indirect sales were $32.2 million, above consensus of $29.4 million. Comps declined by 6.7%, versus consensus of a 2% decline. Store comps declined by 3.8% and e-commerce comps declined by 11%. Management provided 2Q17 guidance for EPS of $0.13–$0.15 versus consensus of $0.18. That is based on total revenues of $118–$123 million versus consensus of $123.1 million. The company maintained its full-year EPS guidance of $0.90–$0.98, versus consensus of $0.95. Total revenues are now expected to be $510–$520 million versus prior guidance of $510–$525 million; consensus is for revenues of $517.5 million. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2024, Week 31: US Store Closures Cross 4,000What Do US Consumers Think About Generative AI?Generative AI Latest: The Rise of RAG, Updates from Amazon, Meta and OracleUS Store Tracker Extra, June 2024: At Midyear, Store Openings Outpace Closures by 20%