Vera Bradley (VRA) Tops Q4 EPS by 5c

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Go back to Vera Bradley (VRA) Tops Q4 EPS by 5c

Vera Bradley Announces Fourth Quarter and Fiscal Year 2017 Results

March 8, 2017 8:00 AM EST

Fourth quarter net revenues totaled $134.8 million

Fourth quarter net income on a GAAP basis totaled $3.5 million, or $0.09 per diluted share; fourth quarter net income on a non-GAAP basis (excluding store impairment charges) totaled $10.1 million, or $0.28 per diluted share

Company ended the fiscal year with strong cash position (including short-term investments) of $116.5 million, no debt, and year-over-year inventories down 10.0%

FORT WAYNE, Ind., March 08, 2017 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (Vera Bradley or the Company) today announced its financial results for the fourth quarter and... More