secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vera Bradley, Inc. (VRA)
CIK:        0001495320
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0001495320-22-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vera Bradley Q3 revenue $124M (-8% YoY); non-GAAP EPS $0.20; CEO Ardrey takes over
--------------------------------------------------------------------------------

- Q3 net revenues $124.0M vs $134.7M prior year; net income $5.2M ($0.17 diluted), flat YoY.
- Non-GAAP diluted EPS $0.20 vs $0.18 prior year, helped by expense reductions.
- Vera Bradley Direct revenue -7.6%, Indirect +6.7%; Pura Vida revenue -20.3% with operating loss $1.4M.
- Jackie Ardrey named President & CEO effective Nov 1, replacing retiring Rob Wallstrom.
- Q4 guidance: revenue $136-141M, diluted EPS $0.16-0.20; FY2023 EPS $0.22-0.26, down from $0.57.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495320/000149532022000044/0001495320-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495320/000149532022000044/vra-20221207.htm
  HTML page:      https://secwatch.observer/filing/0001495320-22-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer