Executive Summary
- Vera Bradley reported fiscal 4Q15 revenues of $154.1 million, up 1.0% year over year and slightly above the consensus estimate. EPS was $0.41, in line with the consensus.
- Including e-commerce sales, total comps decreased by 4.6%. Excluding e-commerce sales, which were negatively impacted by a heavily promotional environment, comps were flat.
- For 2016, the company guided for net revenues of $510–$525 million and EPS of $0.90–$0.98.
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