Vera Bradley (NASDAQ:VRA) Post Higher Q4 Profit on Strong Revenue

Vera Bradley, Inc’s (NASDAQ:VRA) announced on Wednesday that fiscal Q4 earnings moved up 25% as the company’s revenue strengthened, and as most recent quarter had an additional week evaluated against the same quarter a year ago.

The handbag designer projects EPS of 20 cents to 22 cents per share and revenue of $120 million to $122 million for the present quarter. Thomson Reuters analysts survey on average estimated EPS of 35 cents and revenue of $132 million.

Vera Bradley projects EPS in between $1.83 to $1.88 for the new fiscal year and revenue of $585 million to $590 million.

The company announced earnings of $25.1 million or 62 cents per share for the quarter finished February 2, high from $20.1 million or 50 cents per share in previous year.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Tandy Brands Accessories, Inc. (NASDAQ:TBAC) rose +7.30% to settle at $0.569, Tumi Holdings Inc (NYSE:TUMI) moved up +1.96% to end at $23.95 while Iconix Brand Group Inc (NASDAQ:ICON) jumped +4.38% to finish at $24.31 on Wednesday.

Vera Bradley, Inc. (NASDAQ:VRA) last session’s volume of 960,370 shares was surprisingly higher than its average volume of 413,803 shares. The stock after opening at $24.76 hit high price of $25.79 and then closed at $24.89 by scoring +0.89%.

The liquidity measure in recent quarter results of the company was recorded 3.07 as current ratio and on the other side the debt to equity ratio was 0.21 and long-term debt to equity ratio remained at 0.21. The Company had total cash of $4.47 million at hand and a book value per share as $4.17 in the most recent quarter.

The stock’s price volatility was 3.78% for a week and 3.46% for a month as well as price volatility’s Average True Range for 14 days was 0.85.

VRA generated revenue of $513.10 million in the previous twelve months and earned $63.84 million. The Company showed a positive 12.44% in the net profit margin as well as in its operating margin which remained at 20.04%. Company’s annual sales growth for the past five years was 19.50%.

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