Vera Bradley: Fiscal 2Q Earnings Snapshot
Sep. 05, 2018
ROANOKE, Ind. (AP) _ Vera Bradley Inc. (VRA) on Wednesday reported fiscal second-quarter net income of $9.3 million.
The Roanoke, Indiana-based company said it had net income of 26 cents per share.
The handbag and accessories company posted revenue of $113.6 million in the period.
For the current quarter ending in November, Vera Bradley said it expects revenue in the range of $98 million to $103 million. Analysts surveyed by Zacks had expected revenue of $101.7 million.
The company expects full-year earnings to be 55 cents to 62 cents per share, with revenue ranging from $410 million to $420 million.
Vera Bradley shares have climbed 17 percent since the beginning of the year. The stock has increased 57 percent in the last 12 months.