ROANOKE, Ind. (AP) — ROANOKE, Ind. (AP) — Vera Bradley Inc. (VRA) on Wednesday reported a loss of $28.2 million in its fiscal fourth quarter.
The Roanoke, Indiana-based company said it had a loss of 91 cents per share. Earnings, adjusted for non-recurring costs, were 16 cents per share.
The handbag and accessories company posted revenue of $147.1 million in the period.
For the year, the company reported a loss of $59.7 million, or $1.90 per share. Revenue was reported as $500 million.
Vera Bradley expects full-year earnings to be 40 cents to 50 cents per share, with revenue in the range of $490 million to $510 million.
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