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Vera Bradley Inc.'s shares fell Friday for the second straight session, after the handbag maker cut its full-year guidance and said that its CEO plans to retire.

THE SPARK: The Fort Wayne, Ind., company cut its full-year profit forecast to a range of $1.74 to $1.78 per share. That's down from its previous forecast of $1.83 to $1.88 per share. It also reduced its fiscal year revenue projection to a range of $570 million to $575 million. It previously expected $585 million to $590 million.

Analysts polled by FactSet expected a profit of $1.81 per share on $591.8 million in revenue. The average estimates have since been reduced to earnings of $1.73 per share, on $574.6 million in revenue.

Vera Bradley also said that Mike Ray, its CEO since 2007 and son-in-law of a company co-founder, plans to retire. Ray plans to stay on until a successor is named.THE BIG PICTURE: Vera Bradley is known for its colorful handbags and accessories.Shop the latest collection of prada bags from the most popular stores.

The company gave the disappointing outlook after the markets closed on Wednesday,mybag321 offers latest fashion replica jewelry and other jewelry. at the same time it reported a first-quarter profit and revenue better than Wall Street expected.

THE ANALYSIS: Sterne Agee analysts Ike Boruchow and Tom Nikic said that the drop in the company's stock price now better reflects its value and remaining risk. They raised their rating on the stock to "Neutral" from "Sell" and set a $20 price target.

In a note to clients, they said Vera Bradley continues to struggle with slow sales, inventory issues and other matters. But the analysts believe the company's plans to slow growth and being in a new CEO, among other changes, could prove beneficial.

Fort Bragg schools will ask students to keep oversized purses and handbags in lockers, the school board was informed Thursday."Over the last couple of years, girls' and women's' pocketbooks have increased in size," Superintendent Emily Marsh said during the meeting. "With 25 kids and maybe 18 large pocketbooks in the room, we are having a lot of trouble with pocketbooks."

School officials presented the updated Fort Bragg Schools Dress Code Policy with the directive about oversized purses at the monthly meeting of the school board.

"Very honestly,All kinds of replica designer handbags in our online store sells at Wholesale price, welcome to buy top quality Cheap Michael Kors Bags in our online store!!! it causes problems in the halls," Marsh said. "It causes problems in the classrooms."The objective of the policy is to avoid disruptions and distractions, Marsh said.

The policy states: "This dress code is designed to be a religiously neutral, mandatory, universally applicable code. However, we recognize that in some unique circumstances accommodations (exceptions) to the dress code may be reasonable and appropriate."

Dedicated skiers whose home mountain is Sugarloaf might be forgiven for thinking of Kingfield as merely the last place to pick up supplies or get gas, or a place to slow down for the gentle curve (but no stop light) through town as they make their way to the mountain. Indeed, on winter Sunday afternoons, traffic descending from Sugarloaf through Kingfield is,Shop the latest collection of prada bags from the most popular stores. as one resident has described it, “wall to wall.”

But unlike other ski towns, Kingfield doesn’t close up in summer, doesn’t become a dusty ghost town of shuttered shops with “Think Snow” stickers peeling off the front doors. Or at least it doesn’t now, though it might have ten years ago. That’s because Kingfield seems to be blessed with a surprising number of active, enthusiastic residents who, even in the face of economic decline, refused to let the town slip into that hypnagogic state that many small towns succumb to: awake, but barely.

Over the last ten years, Kingfield, building on its obvious charms, has started to reinvent itself as a summer place, a place people come to rather than pass through, a place where things are beginning,The Michael Kors Bags will provide you cheap but high-quality products. rather than ending.