Vera Bradley (VRA) Tops Q2 EPS by 4c; Issues Strong Q3, FY16 Outlook
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Vera Bradley Announces Fiscal Second Quarter 2016 Results
September 2, 2015 8:02 AM EDTSecond 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
