VRA

Vera Bradley Inc

Consumer


Presented:12/04/2017
Price:$8.61
Cap:$0.31B
Current Price:$5.57
Cap:$0.16B

Presented

Date12/04/2017
Price$8.61
Market Cap$0.31B
Ent Value$0.28B
P/E Ratio30.75x
Book Value$7.78
Div Yield0%
Shares O/S36.16M
Ave Daily Vol314,562
Short Int23.55%

Current

Price$5.57
Market Cap$0.16B
Vera Bradley, Inc. designs, produces, markets and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The company operates through two segments: Direct and Indirect. The Direct segment consists of the sales of Vera Bradley products through full-price and outlet stores. The Indirect segment handles the sales of Vera Bradley products to specialty retailers, which are located in the United States. It also offers accessories, which includes wallets, wristlets, eyeglass cases, cosmetics cases, and paper and gift products. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.

Please note, VRA reported 3Q18 results on December 6th, before the open. Click here to view results.

Publicly traded companies mentioned herein: Vera Bradley Inc (VRA)

Highlights

The presenter is long shares of Vera Bradley (VRA), seeing signs of a better business strategy focused on core markets and distribution channels, while pruning failed attempts at expanding into unprofitable channels. Though sales and gross margins could see some pressure, the improvements on operating margins could prove to be accretive. He believes VRA’s valuation has room to double, with additional optionality in an acquisition scenario.

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Idea Discussion

Commentor 1 - 2 weeks ago

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