{"schema_version":"secwatch.filing_event.v1","accession":"0001495320-23-000033","form_type":"8-K","ticker":"VRA","cik":"0001495320","company_name":"Vera Bradley, Inc.","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.051243+00:00","generated_at":"2026-06-14T05:46:21.483043+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vera Bradley Q1 net loss narrows to $4.7M; raises FY2024 EPS guidance to $0.57-$0.67","bullets":["Consolidated net revenues $94.4M (-4.2% YoY); GAAP net loss ($4.7M) or ($0.15)/share vs. ($7.0M) or ($0.21) prior year.","Non-GAAP net loss ($2.6M) or ($0.09)/share; gross margin expanded to 54.8% from 53.3% on lower freight and inventory sell-through.","New CFO Michael Schwindle joined May 8; company announced $12M annualized savings including elimination of ~25 corporate positions.","FY2024 guidance raised: rev $490-510M, op income $24-28M, diluted EPS $0.57-$0.67, free cash flow $35-40M.","Balance sheet: $25.3M cash, no debt, inventories down 11.8% YoY; $0.7M shares repurchased in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001495320-23-000033","json":"https://secwatch.observer/filing/0001495320-23-000033.json","markdown":"https://secwatch.observer/filing/0001495320-23-000033.md","text":"https://secwatch.observer/filing/0001495320-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1495320/000149532023000033/0001495320-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1495320/000149532023000033/vra-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:46:21.483043+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"977e05f840b53431a22a120e31ec07b764d62a46","claim":"Vera Bradley, Inc. reported the quarterly period ended April 29, 2023 results: revenue $94.4 million, net income ($4.7) million, or ($0.15) per diluted share, EPS ($0.15) per diluted share. Guidance raised.","evidence_excerpt":"Consolidated net revenues totaled $94.4 million compared to $98.5 million in the prior year first quarter ended April 30, 2022. For the current year first quarter, Vera Bradley, Inc.'s consolidated net loss totaled ($4.7) million, or ($0.15) per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1495320/000149532023000033/0001495320-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarterly period ended April 29, 2023"},{"label":"Revenue","value":"$94.4 million"},{"label":"Net income","value":"($4.7) million, or ($0.15) per diluted share"},{"label":"EPS","value":"($0.15) per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}