Vera Bradley (VRA +4.1%) backs its Q3 EPS guidance at the CL King Best Idea Conference as the...

|By:, SA News Editor

Vera Bradley (VRA +4.1%) backs its Q3 EPS guidance at the CL King Best Idea Conference as the retailer looks to stick to an aggressive growth plan. For the long term, the company sets a target for a revenue growth rate in the mid-to-high teens as store are added at a clip of 14 to 20 a year. Margin expansion of around 30 bps per year is also forecast. (webcast, presentation slides)