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 after visiting stores in Connecticut and Long Island.</li><li>May saw multiple new patterns and colors at both main line and outlet locations, as the company ramped up for Mother's Day, which was exceptionally strong.</li><li>Further, with the New Day relaunch on track for July 11th, we believe the remaining 8 weeks before the relaunch will be focused on clearing inventory and setting the stage for what we believe will be a complete revamp of the main line stores.</li></ul>

We are reiterating our Buy rating, $10 price target and projections for Vera Bradley after visiting stores in Connecticut and Long Island.May saw multiple new patterns and colors at both main line and outlet locations, as the company ramped up for Mother's Day, which was exceptionally strong.Further, with the New Day relaunch on track for July 11th, we believe the remaining 8 weeks before the relaunch will be focused on clearing inventory and setting the stage for what we believe will be a complete revamp of the main line stores.

VRA: Snapping the Store: Burst of Newness Before New Day; Reiterate Buy, $10 PT