Strong Pipeline of New Business Development
Vera Bradley has a strong pipeline of new business development in the indirect channel expected to bear fruit later this year.
10% Growth in High-Income Customer Segment
Achieved approximately 10% growth among customers aged 18 to 34 with household incomes above $100,000, highlighting future opportunities.
Successful Target Marketplace Performance
The Target Marketplace delivered exceptional results, demonstrating the importance of engaging customers in their preferred shopping environments.
Urban Outfitters Collaboration Success
The Urban Outfitters collaboration was a standout performer in Q4, aligning well with Vera Bradley's target demographic.
Inventory Optimization Success
Year-end inventory was 7% below prior year levels with a further 10% reduction targeted for fiscal 2026.
Cost Savings and Financial Position
The company expects to deliver cost savings of at least $20 million in fiscal 2026, with a strong financial position of no debt and $30 million in cash.