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Vera Bradley CEO: Turnaround Bearing Fruit

Wall Street Journal US Business •
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Vera Bradley’s shares jumped after the company swung to a fiscal second-quarter profit.

The retailer’s CEO says the turnaround is bearing fruit, pointing to the return to profitability in the fiscal second quarter. Investors responded positively, sending the stock higher.

The results mark a notable shift for Vera Bradley as it continues to execute its turnaround strategy.