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

Issuer:     Vera Bradley, Inc. (VRA)
CIK:        0001495320
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001495320-23-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vera Bradley reports FY2023 net loss of $59.7M; guides FY2024 EPS $0.40-$0.50
-----------------------------------------------------------------------------

- FY2023 net revenues $500.0M, down 7.5% YoY; net loss ($59.7M) or ($1.90) per diluted share.
- Q4 net revenues $147.1M, down 1.7% YoY; non-GAAP EPS $0.16 vs $0.17 last year.
- Pura Vida segment operating loss $78.6M for FY2023, including $40.6M of impairment charges.
- Guidance for FY2024: revenues $490-$510M (flat), non-GAAP diluted EPS $0.40-$0.50.
- Balance sheet: cash $46.6M, no debt; repurchased $18.1M of shares in FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495320/000149532023000010/0001495320-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495320/000149532023000010/vra-20230308.htm
  HTML page:      https://secwatch.observer/filing/0001495320-23-000010

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