Vera bradley announces fourth quarter and fiscal year 2024 results

Consolidated net revenues totaled $470.8 million for the fiscal year, compared to $500.0 million last year net income totaled $7.8 million, or $0.25 per diluted share, for the fiscal year, compared to a net loss of ($59.7) million, or ($1.90) per diluted share, last year non-gaap net income totaled $17.2 million, or $0.55 per diluted share, for the fiscal year, compared to a net loss of ($3.2) million, or ($0.10) per diluted share, last year strong balance sheet, with cash and cash equivalents of $77.3 million, no debt,  and year-over-year inventories down nearly 17% management provides guidance for fiscal year ending february 1, 2025 fort wayne, ind., march 13, 2024 (globe newswire) -- vera bradley, inc. (nasdaq: vra) (the “company”) today announced its financial results for the fourth quarter and fiscal year ended february 3, 2024 (“fiscal 2024”).
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