Vera Bradley (VRA) Tops Q1 EPS by 11c, Offers Guidance
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Vera Bradley Announces First Quarter Fiscal Year 2024 Results
June 7, 2023 8:02 AM EDTConsolidated net revenues totaled $94.4 million
Net loss totaled ($4.7) million, or ($0.15) per diluted share;Â non-GAAP net loss totaled ($2.6) million, or ($0.09) per diluted share
Balance sheet remains strong, with cash and cash equivalents of $25.3 million, no debt, and year-over-year inventories down 11.8%
Management increases guidance for fiscal year
FORT WAYNE, Ind., June 07, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the first quarter ended April 29, 2023.
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