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Vera Bradley Returns to Profitability Amid Revenue Gains

A 12% surge in premarket trading followed Vera Bradley’s report of a $4.5 million profit for the fiscal second quarter. The handbag retailer successfully reversed its year-ago loss of $4.67 million, fueled by a 1.1% revenue increase to $71.6 million as its business transformation efforts gain traction.

Vera Bradley Returns to Profitability Amid Revenue Gains

Chief Executive Ian Bickley attributed the performance to consecutive quarters of growth, noting that momentum intensified throughout the back-to-school season. The company enters the current period with improved health across its full-price and outlet channels, alongside a bolstered balance sheet.

Adjusted earnings reached 11 cents per share for the quarter ended Aug. 1. Looking toward the remainder of the fiscal year, management maintains its revenue guidance of $255 million to $270 million, banking on the stability of its current margin structure to sustain the recovery.

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