Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, $10 price target and projections for Vera Bradley with the company announcing 1QFY25 (April) results before the open on Wednesday.</li><li>We believe, more than the 1Q results, which we expect to reflect the company's desire to reduce inventory and start afresh, will be management commentary on their new relaunch of the Vera Bradley brand.</li><li>We expect the "New Day," which will launch on July 11th, to focus on core styles/categories, a new store look and expanding the appeal of Vera Bradley to a wider range of customers.</li></ul>

We are reiterating our Buy rating, $10 price target and projections for Vera Bradley with the company announcing 1QFY25 (April) results before the open on Wednesday.We believe, more than the 1Q results, which we expect to reflect the company's desire to reduce inventory and start afresh, will be management commentary on their new relaunch of the Vera Bradley brand.We expect the "New Day," which will launch on July 11th, to focus on core styles/categories, a new store look and expanding the appeal of Vera Bradley to a wider range of customers.

VRA: 1Q Preview: Looking Forward to the New Day; Reiterate Buy, $10 PT