---
schema_version: "secwatch.filing_event.v1"
accession: "0001495320-22-000019"
form_type: "8-K"
ticker: "VRA"
cik: "0001495320"
company_name: "Vera Bradley, Inc."
filed_at: "2022-06-08T23:59:59+00:00"
generated_at: "2026-06-25T03:30:48.555118+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vera Bradley Q1 net loss $0.21/sh on rev $98.5M (down 10% YoY); guides FY rev $490-505M

## Summary
- Consolidated net revenues $98.5M, down from $109.1M YoY; net loss $7.0M ($0.21 diluted).
- Pura Vida revenues fell 26.8% YoY to $19.8M; Vera Bradley Direct comparable sales down 11.1%.
- Company lowers FY2023 guidance: net revenues $490-505M (from $540.5M in FY2022); diluted EPS $0.35-$0.50.
- Cost reduction initiative targeting $15-$25M annual savings; repurchased $10.5M of stock in Q1.
- Gross margin 53.3% vs 54.2% YoY, pressured by freight; SG&A flat at $60.9M.

## SEC filing metadata
- accession: 0001495320-22-000019
- form_type: 8-K
- ticker: VRA
- cik: 0001495320
- company_name: Vera Bradley, Inc.
- filed_at: 2022-06-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495320/000149532022000019/0001495320-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495320/000149532022000019/vra-20220608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495320-22-000019
- JSON: https://secwatch.observer/filing/0001495320-22-000019.json
- Plain text: https://secwatch.observer/filing/0001495320-22-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.