Vera Bradley, Inc. (VRA) reported that its second quarter consolidated net income totaled $5.7 million, or $0.19 per share compared to $9.3 million, or $0.30 per share, prior year. Adjusted earnings per share was $0.13, compared to $0.33. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.16, for the quarter. Analysts' estimates typically exclude special items.
Consolidated net revenues were $110.8 million compared to $128.2 million in the prior year second quarter. Analysts on average had estimated $120.66 million in revenue.
For Fiscal 2025, the company expects: consolidated net revenues of approximately $410 million; and EPS of approximately $0.10.
Shares of Vera Bradley are down 12% in pre-market trade on Wednesday.
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