Vera Bradley issued a press release on June 11, 2025, announcing its financial results for the first quarter of its 2026 fiscal year. In the press release, Vera Bradley's Chief Executive Officer ("CEO") Jackie Ardrey said that "[o]ur first quarter results were disappointing as top line and profitability trends from the previous several quarters continued," acknowledging that there is "significant work to be done on many fronts" to return the Company to positive growth. Vera Bradley also announced several key leadership changes, including Ardrey's departure as CEO at the end of July.
Following this news, Vera Bradley's stock price fell over 19% on June 11, 2025.
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