Vera Bradley (VRA) Misses Q2 EPS by 5c

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Vera Bradley Announces Second Quarter Fiscal Year 2022 Results

September 1, 2021 8:00 AM EDT

Consolidated net revenues totaled $147.0 million for the second quarter, an increase of 11.6% over the prior year

Company posted second quarter net income of $9.1 million, or $0.26 per diluted share; excluding certain items, non-GAAP net income totaled $9.5 million, or $0.28 per diluted share

Balance sheet remains strong, with cash, cash equivalents, and investments over $76 million, and no debt

Management updates annual guidance for fiscal year ending January 29, 2022

FORT WAYNE, Ind., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq:... More