secwatch.observer — SEC 8-K summary
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Issuer:     Vera Bradley, Inc. (VRA)
CIK:        0001495320
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001495320-24-000087
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vera Bradley Q3 revenues fall 30% to $80.6M; net loss $12.8M; guides FY25 revs ~$385M
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- Consolidated net revenues of $80.6M down 30% YoY from $115.0M; net loss $12.8M vs prior year net income $5.1M.
- Pura Vida segment revenues fell 42.9% YoY to $10.1M; Vera Bradley Direct comp sales down 27.2%.
- FY2025 guidance: net revenues ~$385M (vs $470.8M FY2024), operating loss ~$9M, diluted EPS ~($0.25).
- Company has no debt, $13.7M cash; $75M ABL facility undrawn; inventory $131.3M.
- Board approved additional $30M share repurchase authorization; $4.4M remaining under current program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495320/000149532024000087/0001495320-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495320/000149532024000087/vra-20241211.htm
  HTML page:      https://secwatch.observer/filing/0001495320-24-000087

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