09.12.2015 - Capitalization of Vera Bradley is growing rapidly
Shares of the company Vera Bradley showed rapid growth against the publication of the report for the third quarter, according to which the profit of the company totaled 10.3 million compared to 6.9 million dollars for the same period last year. Revenue rose by 1.2% to 126.7 million. At the same time the company announced repurchase of shares by 50 million over the next two years and expected revenue growth in the 4th quarter to 151-155 million dollars, which is due to holiday season. Given the significant improvement in financial results and strong prospects for the company, we expect growth of quotations by 50-60% per annum in the medium term.