secwatch.observer — SEC 8-K summary
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Issuer:     Vera Bradley, Inc. (VRA)
CIK:        0001495320
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001495320-24-000061
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vera Bradley Q2 FY2025 rev $110.8M, EPS $0.19; FY2025 outlook cut to $410M rev, EPS $0.10
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- Net revenues $110.8M, down 13.6% YoY; GAAP EPS $0.19, non-GAAP EPS $0.13 vs $0.33 prior year.
- Comparable sales declined 11.2%; Pura Vida revenues fell 33% to $16.8M.
- FY2025 guidance: rev ~$410M (from $470.8M), diluted EPS ~$0.10, operating income ~$3M.
- Balance sheet: $44.1M cash, no debt; inventory down ~5% YoY; repurchased $9.5M stock in Q2.
- Project Restoration launched; management cites persistent consumer headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495320/000149532024000061/0001495320-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495320/000149532024000061/vra-20240911.htm
  HTML page:      https://secwatch.observer/filing/0001495320-24-000061

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