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

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Vera Bradley Announces Fourth Quarter and Fiscal Year 2023 Results

March 8, 2023 8:00 AM EST

Net revenues totaled $500.0 million for the fiscal year

Net loss totaled ($59.7) million, or ($1.90) per diluted share, for fiscal year; excluding certain items, non-GAAP net income totaled $7.6 million, or $0.24 per diluted share

Balance sheet remains strong, with cash and cash equivalents of $46.6 million and no debt

Management provides guidance for fiscal year ending February 3, 2024

FORT WAYNE, Ind., March 08, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (or the Company) today announced its financial results for the fourth quarter... More