Vera Bradley Announces Strategic Cost Efficiency Initiative Providing Approximately $20 Million in Savings to Impact the Upcoming New Fiscal Year 2026

FORT WAYNE, Ind., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) today announced a strategic cost efficiency initiative for the upcoming fiscal year 2026. Cost Efficiency Initiative Comments Vera Bradley today announced a strategic cost efficiency initiative that is anticipated to reduce Company costs by approximately $20 million annually commencing with its fiscal year 2026. Jackie Ardrey, Chief Executive Officer commented, “A critical supporting foundation of Project Restoration has be ...