Vera Bradley Inc Q3 2026 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Eric Beder - Small Cap Consumer Research LLC - Analyst : So a lot of changes this quarter, more rolling into Q4. When we roll into 2026, what should we be thinking about as the kind of the key signpost that Project Sunshine is starting to have an even greater impact than it had in Q3 and into Q4?

Question: Eric Beder - Small Cap Consumer Research LLC - Analyst : Okay. When you look at Outlet 2.0, in some ways, it's -- we visited two of them. And it's a great concept. It also, in some ways, provides for some consumers who have lost kind of their full-price store a way for them to still see and touch kind of full-price items. I'm curious what's kind of been the response to consumers to seeing kind of full-price items in the Outlet 2.0 stores. And when you look at it, does that become a bridge given that a lot of -- there's been a lot of closures in the full-price stores?

Question: Eric Beder - Small Cap Consumer Research LLC - Analyst : Yes. I agree. I also think they're somewhat of a lagging indicator, but we'll see. Final question, I actually had two questions here. One on inventory. It was a really impressive job reducing inventory. How should we be thinking about the opportunities, I guess, to capture working capital and get more productive going forward with the inventory? And how LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. DECEMBER 11, 2025 / 1:00PM, VRA.OQ - Q3 2026 Vera Bradley Inc Earnings Call long a journey do you think it can be to go a little find that younger customer? That's historically, it seems it takes a few years to start moving that kind of average age down.