You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Barra shares plan to renew GM
    MILFORD, Mich. – General Motors CEO Mary Barra told investors Wednesday that GM plans a raft of new models and a big push to sell more cars in China to drive profits in coming years, as the biggest U.S.
  • General Mills to cut workforce
    General Mills plans to cut about 700 to 800 jobs, the second time it has trimmed its workforce in a month as the food company adjusts to a shift by U.S. consumers away from boxed and frozen meals.
  • Stocks skid on Ebola, Europe reports
    NEW YORK – It was a rough start to October for financial markets.Disappointing economic news in the U.S. and abroad drove down stocks Wednesday.
Advertisement

Vera Bradley quarterly earnings up 36%

Vera Bradley Inc. today reported third fiscal quarter earnings of $17.7 million, or 44 cents per diluted share, a 36 percent increase from the $13 million, or 32 cents a share, posted for the same three months of last year.

The Fort Wayne-based maker of women’s handbags, luggage, accessories and home décor items follows a fiscal year that ends in late January. The company’s third quarter ended Oct. 27.

Vera Bradley reported earnings after markets closed. The company’s stock closed Wednesday at $26.21, down $1.11, in trading on the Nasdaq stock market.

sslater@jg.net

Advertisement