---
schema_version: "secwatch.filing_event.v1"
accession: "0001495320-23-000061"
form_type: "8-K"
ticker: "VRA"
cik: "0001495320"
company_name: "Vera Bradley, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:02:16.991001+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vera Bradley Q3 revenues $115M (-7.3% YoY); GAAP EPS $0.16, non-GAAP $0.19; guides FY24 EPS $0.56-$0.62

## Summary
- Consolidated net revenues $115.0M vs $124.0M YoY; Vera Bradley Direct -9.7%, Vera Bradley Indirect +12%, Pura Vida -18.3%.
- GAAP net income $5.1M ($0.16 diluted); non-GAAP net income $6.1M ($0.19 diluted) vs $6.3M ($0.20) last year.
- Cash $52.3M, no debt on $75M ABL; inventory down 27.6% YoY to $129.1M.
- FY24 guidance: net revs $472-$478M; gross margin 54-54.5%; diluted EPS $0.56-$0.62 (vs $0.24 in FY23).
- Repurchased $0.5M in stock in Q3; $25.8M remaining under $50M authorization.

## SEC filing metadata
- accession: 0001495320-23-000061
- form_type: 8-K
- ticker: VRA
- cik: 0001495320
- company_name: Vera Bradley, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000061/0001495320-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000061/vra-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495320-23-000061
- JSON: https://secwatch.observer/filing/0001495320-23-000061.json
- Plain text: https://secwatch.observer/filing/0001495320-23-000061.txt

## Key facts
- Earnings Releases
  Vera Bradley, Inc. reported the third quarter ended October 28, 2023 results: revenue $115.0 million, net income $5.1 million, or $0.16 per diluted share, EPS $0.16 per diluted share.
  - Period: the third quarter ended October 28, 2023
  - Revenue: $115.0 million
  - Net income: $5.1 million, or $0.16 per diluted share
  - EPS: $0.16 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 THIRD QUARTER FISCAL YEAR 2024 RESULTS Consolidated net revenues totaled $115.0 million Net income totaled $5.1 million, or $0.16 per diluted share; non-GAAP net income totaled $6.1 million, or $0.19 per diluted share Balance sheet strengthens, with cash and cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000061/0001495320-23-000061-index.htm

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