Vera Bradley (VRA) Reports Q3 EPS of $0.12, Revenues Miss; Offers FY19 EPS/Revenue Guidance
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Vera Bradley Announces Fiscal Third Quarter 2019 Results
December 12, 2018 8:00 AM ESTThird quarter net income totaled $4.2 million, or $0.12 per diluted share
Third quarter net revenues totaled $97.7 million
Continued improvement in full-price selling and reduced clearance drove meaningful gross profit margin increase in the third quarter
Third quarter ended with a strong cash and investment position of $131.6 million, no debt, and year-over-year inventories down 3.8% to $96.3 million
Management narrows annual diluted EPS guidance range to $0.57 to $0.60
FORT WAYNE, Ind., Dec. 12, 2018 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq:... More
