Vera Bradley reports Q1 FY2027 revenue growth of 7.8% to $55.7M

Vera Bradley achieved its first quarter of overall revenue growth since Q4 FY22, with net revenues growing 7.8% year-over-year and non-GAAP gross margin expansion of 430 basis points. The company's Project Sunshine transformation initiatives are showing results, with improved profitability and the company now guiding for at least 50% year-over-year operating loss improvement.