Vera Bradley reports first-quarter loss

FORT WAYNE, Ind. (WOWO) – Fort Wayne-based luggage and handbag design company Vera Bradley reported a first-quarter loss Wednesday.

The company reports they lost $2.41-million, or 7 cents per diluted share. This year’s first-quarter loss is about $1-million more than last year’s.

The Journal Gazette reports the fiscal quarter ended on May 4, and does not include after-Christmas returns and sales.

Overall, Vera Bradley reports first-quarter revenues totaled $91-million, which is a 5% increase from the $86.6-million reported last year.

Vera Bradley CEO Rob Wallstrom says the company is focusing on expanding their customer base and increasing sales and profitability.


  1. I’m sure this also means any of their existing factories in the US will be moved to mexico. Unless that’s already been done that is.


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