tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vera Bradley sees FY24 EPS 57c-65c

Sees FY24: Consolidated net revenues of $490 to $500 million. Net revenues totaled $500.0 million in Fiscal 2023. Consolidated SG&A expense of $237 to $243 million compared to $245.3 million in Fiscal 2023. An expected decline in SG&A expense is being driven by Company-wide cost reduction initiatives, partially offset by restoring short-term and long-term incentive compensation to more normalized levels and incremental marketing investment intended to accelerate customer file growth. Free cash flow of between $40 and $45 million compared to a cash usage of $21.7 million in Fiscal 2023.

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on VRA:

Disclaimer & DisclosureReport an Issue

1