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Vera Bradley   $0.28 per diluted share

Vera Bradley Q4 net revenues totaled $134.8 million

Vera BradleyVera Bradley announced its financial results for the fourth quarter ended January 28, 2017.

Net revenues totaled $134.8 million for the current year fourth quarter ended January 28, 2017, compared to $154.1 million in the prior year fourth quarter ended January 30, 2016.

For the current year fourth quarter, the company posted net income of $3.5 million, or $0.09 per diluted share.

These results included $6.6 million of after-tax impairment charges related to underperforming stores.

On a non-GAAP basis, excluding these charges, the company's net income totaled $10.1 million, or $0.28 per diluted share.

For the prior year fourth quarter, the company recorded net income of $15.7 million, or $0.41 per diluted share.

These results included after-tax store impairment charges of $1.8 million.

On a non-GAAP basis, excluding these charges, the company's net income totaled $17.5 million, or $0.46 per diluted share.


 
 

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