Vera Bradley, Inc. (NASDAQ:VRA) shares are trading lower on Wednesday.
The company reported that the second quarter adjusted earnings per share was 13 cents, missing the street view of 21 cents. Quarterly revenues of $110.82 million missed the analyst consensus of $123.01 million.
“Our results for the period were also influenced by stubbornly persistent macro consumer headwinds that masked key successes across several areas of our business turnaround, as we registered top-line trends similar to the first quarter,” said Jackie Ardrey, Chief Executive Officer.
Vera Bradley Direct segment revenues totaled $72.2 million, a 15.7% decrease from $85.7 million ...
