---
schema_version: "secwatch.filing_event.v1"
accession: "0001495320-23-000052"
form_type: "8-K"
ticker: "VRA"
cik: "0001495320"
company_name: "Vera Bradley, Inc."
filed_at: "2023-08-30T23:59:59+00:00"
generated_at: "2026-06-11T01:57:05.466551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vera Bradley Q2 FY2024 net income $9.3M ($0.30 EPS) vs prior year loss; guidance raised

## Summary
- Net income $9.3M ($0.30 diluted EPS) vs prior year loss of $29.8M; non-GAAP net income $10.2M ($0.33).
- Consolidated revenue $128.2M, down 1.7% YoY; Vera Bradley Direct down 1.5%, Pura Vida down 3.6%.
- Cash $48.5M, no debt on $75M ABL; inventory down 22.4% to $139.3M.
- FY2024 guidance: rev $490-500M, diluted EPS $0.57-$0.65 vs $0.24 FY2023, operating income $24-28M.
- Repurchased $1.4M shares YTD; $26.3M remaining under $50M authorization.

## SEC filing metadata
- accession: 0001495320-23-000052
- form_type: 8-K
- ticker: VRA
- cik: 0001495320
- company_name: Vera Bradley, Inc.
- filed_at: 2023-08-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1495320/000149532023000052/0001495320-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000052/vra-20230830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495320-23-000052
- JSON: https://secwatch.observer/filing/0001495320-23-000052.json
- Plain text: https://secwatch.observer/filing/0001495320-23-000052.txt

## Key facts
- Earnings Releases
  Vera Bradley, Inc. reported second quarter ended July 29, 2023 results: revenue $128.2 million, net income $9.3 million, or $0.30 per diluted share, EPS $0.30 per diluted share.
  - Period: second quarter ended July 29, 2023
  - Revenue: $128.2 million
  - Net income: $9.3 million, or $0.30 per diluted share
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: is furnished as Exhibit 99.1 to this report. --- EX-99.1 (EX-99.1) --- VERA BRADLEY ANNOUNCES SECOND QUARTER FISCAL YEAR 2024 RESULTS Consolidated net revenues totaled $128.2 million Net income totaled $9.3 million, or $0.30 per diluted share; non-GAAP net income totaled $10.2 million, or $0.33 per diluted share Balance sheet strengthens, with cash and cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000052/0001495320-23-000052-index.htm

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