Vera Bradley (VRA) Misses Q1 EPS by 21c, Offers Guidance
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Vera Bradley Announces First Quarter Fiscal Year 2025 Results
June 12, 2024 8:00 AM EDTFirst quarter consolidated net revenues totaled $80.6 million, compared to $94.4 million last year
Strong balance sheet, with cash and cash equivalents of $55.2 million, no debt, and year-over-year inventories down over 12%
First quarter net loss totaled ($8.1) million, or ($0.26) per diluted share, compared to a net loss of ($4.7) million, or ($0.15) per diluted share, last year Â
First quarter non-GAAP net loss totaled ($6.5) million, or ($0.21) per diluted share, compared to a non-GAAP net loss of ($2.6) million, or ($0.09) per diluted share, last yearÂ
Management reconfirms guidance for... More
