Vera Bradley (VRA) Tops Q3 EPS by 9c, Offers Q4 Guidance

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Vera Bradley Announces Fiscal Third Quarter 2018 Results

December 6, 2017 8:00 AM EST

Third quarter net revenues totaled $114.1 million, in line with guidance

Third quarter net income on a GAAP basis totaled $0.4 million, or $0.01 per diluted share; third quarter net income on a non-GAAP basis (excluding store impairment, severance, certain consulting, and other charges) totaled $8.3 million, or $0.23 per diluted share

Company ended the third quarter with a strong cash and investment position of $108.1 million and no debt

Management provides fourth quarter and full-year guidance

FORT WAYNE, Ind., Dec. 06, 2017 (GLOBE NEWSWIRE) -- Vera Bradley, Inc.... More