Third quarter results reflect Pura Vida acquisition completed in second quarter Third quarter consolidated revenues up 30.5% to $127.5 million; Vera Bradley comparable sales grew 4.7% for the quarter Company retained strong cash and investment position of $48.8 million and no debt Management
Simplified structure designed to drive cost savings, add marketing and merchandising focus, and fuel long-term profitable growth Company announces elimination of Vera Bradley Brand President, Chief Creative Officer, and Chief Revenue Officer positions and resignations of Pura Vida Co-Presidents
Consolidated net revenues totaled $128.2 million Net income totaled $9.3 million, or $0.30 per diluted share; non-GAAP net income totaled $10.2 million, or $0.33 per diluted share Balance sheet strengthens, with cash and cash equivalents of $48.5 million, no debt, and year-over-year inventories
Consolidated second quarter net revenues totaled $130.4 million Second quarter net loss totaled ($29.8) million, or ($0.95) per diluted share; excluding certain items, non-GAAP net income totaled $2.4 million, or $0.08 per diluted share Balance sheet remains solid, with cash and cash equivalents
Consolidated net revenues totaled $147.0 million for the second quarter, an increase of 11.6% over the prior year Company posted second quarter net income of $9.1 million, or $0.26 per diluted share; excluding certain items, non-GAAP net income totaled $9.5 million, or $0.28 per diluted share
Company posts second quarter GAAP EPS of $0.42 per diluted share and non-GAAP EPS, excluding certain items, of $0.32 per diluted share Total revenue growth for the quarter of 10.0%, driven by Pura Vida acquisition and strong Vera Bradley e-commerce performance Company delivers meaningful gross
Company completed Pura Vida acquisition during second quarter Second quarter consolidated revenues up 5.4% to $119.8 million; Vera Bradley comparable sales grew 2.1% for the quarter Post-acquisition, Company retained strong cash and investment position of $70.5 million and no debt Management
– Board members Richard Baum and Matthew McEvoy to retire in June 2020 – FORT WAYNE, Ind. , April 30, 2020 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (“Vera Bradley” or the “Company”) today announced that seasoned executives Kristina Cashman and Carrie Tharp have been nominated to join