Vera Bradley (VRA) Tops Q2 EPS by 4c; Issues Strong Q3, FY16 Outlook

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Go back to Vera Bradley (VRA) Tops Q2 EPS by 4c; Issues Strong Q3, FY16 Outlook

Vera Bradley Announces Fiscal Second Quarter 2016 Results

September 2, 2015 8:02 AM EDT

Second quarter net revenues from continuing operations increased 1.5% to $120.7 million

Second quarter net income from continuing operations totaled $5.7 million, or $0.15 per diluted share, exceeding guidance of $0.10 to $0.13 per diluted share

Company ended quarter with strong cash position of $76.0 million and year-over-year inventories down 7.2%

FORT WAYNE, Ind., Sept. 2, 2015 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) ("Vera Bradley" or the "Company") today announced its financial results for the fiscal second quarter and six months ended August 1, 2015.

Summary of Financial Performance for the Second... More