Shamis & Gentile, P.A. is investigating claims on behalf of investors of Vera Bradley, Inc. (“Vera Bradley” or the “Company”) (VRA). Impacted investors are advised to contact the firm.
The investigation focuses on whether Vera Bradley made misleading statements and/or omitted material information regarding its financial performance and business prospects during the relevant period. On March 12, 2025, the Company reported a 25% year-over-year decline in fourth-quarter net revenue to $100.0 million and a GAAP net loss of $47.0 million, compared to a $1.9 million loss in the prior year.
Following this announcement, shares traded down to approximately $2.20 in premarket trading, reflecting a nearly 19% drop.
On June 11, 2025, Vera Bradley released its first-quarter fiscal 2026 results, disclosing net revenue of $51.7 million (a 24% decline from the prior year) and a loss from continuing operations of $18.3 million. The Company also announced significant leadership changes, including the planned departure of CEO Jackie Ardrey, the exit of its CFO and the suspension of prior financial guidance due to “significant uncertainty.” These disclosures seemingly contradicted prior optimistic statements about the Company’s outlook and performance.
On this news, Vera Bradley’s stock price fell $0.45 per share, or 19.15%, to close at $1.90 on June 11, 2025. The two-day decline from June 10 to June 11, 2025, totaled approximately 26%, erasing about $12.6 million in market capitalization.
Shamis & Gentile, P.A. is an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. The firm has recovered over $1 billion for consumers nationwide.
