ROANOKE, Ind. (AP) _ Vera Bradley Inc. (VRA) on Wednesday reported a loss of $2.4 million in its fiscal first quarter.
The Roanoke, Indiana-based company said it had a loss of 7 cents per share.
The handbag and Accessories company posted revenue of $91 million in the period.
For the current quarter ending in August, Vera Bradley said it expects revenue in the range of $115 million to $120 million. Analysts surveyed by Zacks had expected revenue of $87.3 million.
The company expects full-year earnings to be 67 cents to 74 cents per share, with revenue ranging from $425 million to $440 million.sonos sonos One (Gen 2) - Voice Controlled Smart Speaker with Amazon Alexa Built-in - Black read more
Vera Bradley shares have increased 30% since the beginning of the year. The stock has declined 13% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRA at https://www.zacks.com/ap/VRA
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