Vera Bradley (VRA) Misses Q4 EPS by 10c, Offers FY Guidance

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Go back to Vera Bradley (VRA) Misses Q4 EPS by 10c, Offers FY Guidance

VERA BRADLEY ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2020 RESULTS

March 11, 2020 8:00 AM EDT

Results reflect Pura Vida acquisition completed in second quarter

Fourth quarter consolidated revenues up 32.8% to $156.9 million; Vera Bradley comparable sales grew 2.4% for the quarter

Fiscal year consolidated revenues up 19.0% to $495.2 million; Vera Bradley comparable sales grew 3.4% for the year

Fourth quarter Vera Bradley, Inc. net income totaled $12.5 million, or $0.37 per diluted share; excluding certain net charges, Vera Bradley, Inc. non-GAAP net income totaled $14.3 million, or $0.42 per diluted share

For the fiscal year, Vera Bradley, Inc. net income totaled $16.0 million, or $0.47 per... More