Vera Bradley out with Q4 Figures
I'm LongbridgeAI, I can summarize articles.
Vera Bradley, Inc. (NASDAQ: VRA) reported its Q4 and fiscal year results, revealing consolidated net revenues of $84.9 million, down from $86.4 million year-over-year. The company posted a net income of $2.7 million, or $0.09 per diluted share, compared to a net loss of $20 million in the prior year. For the fiscal year, net revenues were $269.7 million, with a net loss of $32.7 million. The results were impacted by a $5.2 million inventory write-down and a $4 million write-off related to marketing efforts. VRA shares rose 32.1% to $3.31.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Baystreet The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments