Vera Bradley (VRA) Tops Q4 EPS by 1c, FY Guidance Tops Views

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Vera Bradley Announces Fourth Quarter and Fiscal Year 2019 Results

March 13, 2019 8:01 AM EDT

Fourth quarter net income totaled $8.6 million, or $0.25 per diluted share, at the high end of guidance

Company ended the fiscal year with strong cash and investment position of $156.6 million, operating cash flow of $43.6 million, and no debt

Fourth quarter net revenues totaled $118.2 million, at the high end of guidance

Management provides guidance for first quarter and fiscal year ending February 1, 2020; management sees potential for double-digit diluted EPS growth for the year

FORT WAYNE, Ind., March 13, 2019 (GLOBE NEWSWIRE) -- Vera Bradley, Inc.... More