secwatch.observer — SEC 8-K summary
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Issuer:     Vera Bradley, Inc. (VRA)
CIK:        0001495320
Form:       8-K
Filed at:   2023-08-30T23:59:59+00:00
Accession:  0001495320-23-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495320/000149532023000052/0001495320-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495320/000149532023000052/vra-20230830.htm
  HTML page:      https://secwatch.observer/filing/0001495320-23-000052

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